All Forum Posts by: Ronald Rohde

Thanks -  I can't believe how difficult its been to get an answer out of the entire internet today.  But yes, I am SURE - it's ordered by the judge per a few other issues.  Long story but this will be a judicial foreclosure.  Our Attny acting as Trustee.  

$1500 may apply to JF too?

The inspiration for this post was an interview I watched of Donald Trump from 1987. He was asked if he preferred the real estate business or the casino business. He replied saying that they were entirely different businesses and that casinos were for cash flow and real estate was for appreciation. Now I'm pretty sure Trump is/was mainly a buy-and-hold investor because I remember hearing that he instructed his kids to do that when they started running parts of his business. So I don't think his main plan was to force appreciation for 3-7 years, then sell after the NOI was maximized.

Is it possible that super expensive real estate like the kind Trump might buy does appreciate that much just by the market without forcing any improvements in NOI?

Also, my dad bought a trailer park in April 2015 for $175,000. He listed it for sale 3 years later and the broker suggested a price of $300,000. There was no improvement in NOI during this time. This is 23.8% appreciation with no improvements.

And we all know that even simple SFH residential real estate appreciates (or depreciates) with the market even when no changes have been made to the house (aside from it grower older with time).

@Account Closed If this is any respectable REIT, you will not get through to the CFO. These companies aren't mom-and-pop operations run by some mid-level executive. 

The point about cross-collaterialization isn't wrong. They are managing from a portfolio level whereas non-institutional investors manage at the property level. Different perspectives lead to different strategies/outlook. 

Best bet: Continue to develop a relationship with their broker and do some LinkedIn/Google searches to see who is on the investment team at this REIT. Reach out to them and develop a relationship to understand their acquisition and divestiture criteria. Once you start speaking their language, you will be in a better position to communicate.

This strategy might take longer but has a higher probability of success. Randomly calling senior executives shows that you're an amateur and will not help you be taken seriously.

I understand how an LLC can help shield my asset but how would an LLC shield my legal name when I have to sign the rental agreement?