All Forum Posts by: Lynn Burson

Yes there are syndicated deals for AL with Memory Care (usually added on) but majority are 506C and require you to be accredited.  There are group homes on a smaller scale (Mom/Pop) usually done by an RN with family/friends.

The concept / sell sounds very strong till you get into the DD and find saturation, demographics,....  ultimately you are investing more into the operator period.

I am currently in several and the industry is undergoing lots of issues as market sales prices have changed considerably over the last 2 years and metrics have changed from NOI cap rate to a per-unit caps.

@Pat Jackson I would ask @Chris Seveney ...  I have spoken with him in the past and he is very knowledgeable and willing to help.

Soooo a few NFL players and once a billionaire (owned Insurance Co?) who did by one of the VRs to have a golf house?   

I agree 100% with @Jay Hinrichs regarding Tesla.  This is the website of 100 year old Toyota and Honda people.  A business associate has had both the S and 3 and loves them.  He use to have his own mechanic place before he sold out.

I have been in them as well as others and they seem to be a good car.  He charges them on weekends since his electric bill is very low at that time.  The technology in them is far better than what I have seen in the other priced vehicles.

Several reasons I suppose... watching tax deferred plans (SP 500) bounce around, RE seemed easier to create spread / leverage/ arbitrage,  Simple & forgiving over time and just not liking my full time job. 

I noticed that brokers even CFPs never made anyone I knew wealthy.  They would invest what money YOU made (your wealth) for you... IMO.

Simply put we use the Street name and some generic east / west location. Always stay away from verbiage such as "Investments" that could attract attention for potential lawsuits, pierce the veil,... After doing north of 20 it has changed in my view. Using the state specific name search is obviously important.

One of my brother in laws is tenant rep broker in CRE with strip, big box ... I remember him saying that Starbucks was quite difficult to deal with when it came to that world. If I remember correctly they would change they're mind even after various docs signed? He also told me of this brand new company owned by McDs making burritos ... which I said it wont last. It was Chipotle, lol. I guess there is still time.

@Lue C. I have invested with Michael / SPI Advisory. I found both he & staff to be very professional / approachable. The funny thing is when he contacted me I was the ONE that missed his calls. Michael was still receptive & answered all my questions. We all get busy & things happen so next time I would just reach out to @Michael Becker ...

@Zach Lemaster  here is the link https://www.oldcapitalpodcast.com/podcasts/episode-172-why-cost-segregation-will-give-you-tremendous-tax-advantages-when-owning-apartments

Located in Destin, Miramar Beach & SO 30A.