So every week we have a real estate meeting to discuss our current holdings, problems, opportunities, etc.
Today we had some discussion for our 2-5 year timeline, which includes potential acquisitions.
One big problem is I'm not sure what to buy.
Today we had some discussion for our 2-5 year timeline, which includes potential acquisitions.
One big problem is I'm not sure what to buy.
Listening to @moseskagan decent MF deals are hard to come by and I'm finding the same in Ohio.
I like Multi Family, but only if the deals are right, and they're not.
I like Multi Family, but only if the deals are right, and they're not.
Listening to @sweatystartup I want to jump into some storage facilities, but even that market is starting to get super frothy with people fleeing MF, office, and retail.
Also I'd be competing with the current REITs who own a large amount of self storage, and rolling up more.
Also I'd be competing with the current REITs who own a large amount of self storage, and rolling up more.
Listening to @joepohlen, with the right team senior housing could be a great space, especially with baby boomer market tailwinds.
But I know absolutely nothing about what it takes to run any type of senior housing, or even what makes a specific property better than another.
But I know absolutely nothing about what it takes to run any type of senior housing, or even what makes a specific property better than another.
So where do I go?
Niche retail? What is going to do with all the closed Toys R' Us buildings? Do you add a bunch of rage rooms, escape rooms, golf simulators? Food and more entertainment?
Niche retail? What is going to do with all the closed Toys R' Us buildings? Do you add a bunch of rage rooms, escape rooms, golf simulators? Food and more entertainment?
Niche Industrial?
Warehouse doesn't look great because e-com, manufacturing, distribution and everyone has flocked there over the last 5 years, not to mention Covid pushing that market higher and higher.
Warehouse doesn't look great because e-com, manufacturing, distribution and everyone has flocked there over the last 5 years, not to mention Covid pushing that market higher and higher.
Am I missing something?
Where is the opportunity?
Do I wait a year and stick with MF?
Do I get another RE competency and get into niches?
Am I wrong about anything I've written here?
Where is the opportunity?
Do I wait a year and stick with MF?
Do I get another RE competency and get into niches?
Am I wrong about anything I've written here?
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