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closed on slum lord house fri
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Replies: 4
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closed on slum lord house fri


May 22, 2022, 4:38 PM

glad that's gone

badge-donor-20yr.jpg flag link military_tech thumb_downthumb_up

I sold my restaurant a couple of weeks ago.


May 22, 2022, 5:16 PM

it was a major pain in the rear headache. I guess all the hard work was worth it. The tax man and the bank did better than I did with it, but it turned out well. Huge headache gone. It needs a couple hundred grand every 7 or 8 years and it was due. The week after I sold it one of the 6 HVAC units went out. The last one cost me $7500.

I have some land an an office building left. The office building has only two tenants and one is me. The land is prime land because there is very little undeveloped land left. You have to buys something and razz it which can get expensive.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


Time to get a food truck!***


May 22, 2022, 7:26 PM



2024 purple level member flag link military_tech thumb_downthumb_up

drunk at the putt putt.


I was just a landlord so no food truck for me


May 22, 2022, 7:58 PM

I had 4 different restaurant owners in just over 20 years. The last guy has been in there for 5 years and has done well, he came to me and said hey do you want to sell it. I said sure. He said how much. I told him what I wanted, and it was a done deal.

Took him about 3 months to get a loan. No realtors, no fess other than his lawyer for him and my lawyer fee was $200. I had a couple grand in surveying, but I'm an engineer and the surveying was part of an overall plan of mine anyway. It was the easiest transaction I have ever done and also the largest I have ever done.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


Good for both you guys. Hard industry on


May 22, 2022, 9:39 PM

Either side of the ball.

2024 purple level member flag link military_tech thumb_downthumb_up

drunk at the putt putt.


Replies: 4
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