Commercial real estate lawyer and broker. Managing partner @hughesrelaw. Broker @HughesIPartners. Married w 4 👶. Former @HarvardTFXC captain. #RETwit
Jul 11, 2020 • 9 tweets • 2 min read
Everyone talks about "six figures" but let's see how a $100,000 salary for a single mom of two breaks down. A short thread:
[Shoutout to @StephenStorey]
Let's say she lives in an "affordable" city, like Charlotte. Uncle Sam finna take $28k right off the top. So, the family is essentially starting with $72k/yr. That's $6,000 per month. Still a lot, right? Well, let's keep going...
Dec 27, 2019 • 11 tweets • 4 min read
People occasionally ask me, "How did you find your passion?"
How to discover your passion and succeed in the 2020s.
A short, but potent thread...
Pt. 1
You have to be intellectually curious. This means wanting to learn more about things beyond what is placed in front of you. As kids, we were forced by the school system to be this way. As adults, that force doesn't exist.
If you own a small business or ever plan to, the following thread is for you.
I present to you...
The @HughesIPartners Guide to Leasing (Abridged Version)
@HughesIPartners Now, let me start by saying this will be fairly comprehensive but by no means exhaustive. Also, there are exceptions to rules. Also, I am neither your broker nor your lawyer.
Understood? Good.
Next, a little about my sources for this thread...
Aug 17, 2019 • 12 tweets • 2 min read
So, you want to buy and hold commercial property?
Let's explore what that means from a contractual standpoint. The following is a partial list of the types of agreements you can expect to need at some point, from the mind of a real estate attorney and broker.
A thread...
...First, let's cover the basic contracts you may need before title is even transferred to your company. The purchase and sale agreement is the bible of the deal, but you may also need an early access agreement, an escrow agreement, various assignment contracts, and amendments...