All Forum Posts by: Todd Stender

 Not sure my previous response went thru. I'll tell you all about it if you want to have a call.

 Hi Zach - thanks for the kind words. What type of properties do you lend on? I'm in the market for debt capital. I'd like to connect at your convenience.

Thanks @Alex Olson! I appreciate that. Very happy to land this one. Great market, only getting better. There's a Dutch Bros going in across the street. I like that stamp of approval.

Investment Info:

Retail buy & hold investment in Raytown.

Purchase price: $1,610,000
Cash invested: $1,610,000

We own the real estate of a Popeyes drive-thru - under a 10-year triple-net lease in Kansas City, MO.

High traffic count, across the street from a Walmart, 5 miles from Arrowhead Stadium. Say no more!

What made you interested in investing in this type of deal?

Simple to understand. Predictable monthly income from recession-resistant business.

How did you find this deal and how did you negotiate it?

I look at QSR deals every day. This one was very unique.

How did you finance this deal?

I raised capital from limited partners. All equity, no debt.

How did you add value to the deal?

Using my expertise in uncovering a hidden gem in plain site.

What was the outcome?

We closed on time!

Thank you @Dmitriy Fomichenko! Looking forward to getting involved with the BP community. I'll be sure to set up the alerts - thanks for the heads up!

Thanks @Sloane Kraftsow! 

Thanks @Julio Gonzalez! Can't wait to make good connections. I've gotten a really warm welcome from the community so far. Very grateful! 

Would love to connect Romie and hear your experience. Thanks.

Todd

 Thanks @Brock Mogensen! Looking forward to the journey for sure.

 Thanks @Farley Youman. Good point - I am raising all LP equity for the $1.6 million property. I will make a post momentarily in the classified section - seeking LPs for this deal. I'll be sure to follow you.