Michael | Net Lease Sales & Trailer Park Tales
@michaelwatson2
Commercial Investment Sales Broker - $2B+ Team Transactions in 43 states | MHP Owner - 25 parks (1,500+ pads) | Managed Sales Teams of 40+ | New Dad | Tar Heel
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Why can't we have a sane conversation right now? Our paster brought that question up this morning and his answer resonated with me... "Theologically, you either you either believe in the goodness of God or you will try to justify your own goodness. You either believe that God…
Does that mean data centers are toast?
Our TPUs are headed to space! Inspired by our history of moonshots, from quantum computing to autonomous driving, Project Suncatcher is exploring how we could one day build scalable ML compute systems in space, harnessing more of the sun’s power (which emits more power than 100…
Stopped by Spirit Halloween this afternoon and the line was longer than a Chick-fil-A open on Sunday. I now understand how they did a reported $1B+ last year. Happy Halloween everyone!
Anybody experienced this? "What’s helping spread the fraud faster? Social media. Influencers are openly promoting tips on how to cheat the system, with some selling step-by-step guides for hundreds of dollars. One popular method involves using a Credit Profile Number (CPN) in…
1/ Rental fraud is exploding in Atlanta’s luxury apartment scene. Some buildings report 50% of applications are fake. Let’s take a look 👇 #retwit #multifamily #fraud
There's no way Hal's has the capacity for everyone at ICSC who said they were eating dinner there tonight, right?
They paved parking lot and put up a paradise...
Good perspective. Show me the incentives and I'll show you the outcome. The government taxes capital gains but also prints money causing inflation. So they're incentivized to print money, to inflate assets, to generate more revenue, to grow the bureaucracy. 🤦
Smart!
So one thing I do when repping Landlords to solve the estoppel problem is include language giving Landlord a POA to execute estoppels on behalf of Tenants who don’t sign in a timely fashion and/or self-operative language stating lenders & purchasers can rely on the truth of…
Most folks in real estate have at some point swung for a home run and missed when they could have easily hit a double. But that's a lesson that can only be taught with experience. Don't trip over dollars to pick up pennies and don't lose a good deal in pursuit of a great one.
What's the cap rate for a data center in space? Who's gonna sell the first one?
Amazon CEO, Jeff Bezos: Within 10-20 years, the giant, gigawatt-scale data centers for AI training clusters will be built in space This would leverage 24/7 solar power and make space a key part of Earth's industrial and technological infrastructure
Warren Buffett on the structural advantage of less money. Heck of a lot harder to replicate those returns at a larger scale... "If I was running $1 million today, or $10 million for that matter, I'd be fully invested. Anyone who says that size does not hurt investment…
One of the top 5 real estate execs in the world - manages over $50 Billion: "Don, you can't make real money doing $6M deals!" Me, after 4 seconds of silence: "Yes, but my IRRs are going to be higher than yours." And...crickets 🤣 Also me, but to myself: We have different…
We provide 187 families housing in GA for the price LA is spending on 1 homeless person annually. 🤯 Crazy what the free market can do when you get the government out of the way!
CARUSO: “We are spending in the city of Los Angeles $900,000 per [homeless] person that they're removing from the streets.” CHAMATH: “$900,000 per year??” CARUSO: “Yeah!” CHAMATH: “Oh my God!”
"Staying the same is going backwards." - Roger Federer
Spent all afternoon putting this playground together only to find out my toddler liked playing with the box more. 🤦😂 Y'all didn't warn me about this parenting joy. Can anyone else relate?
How is it that selling a $50K house and a $500M building requires the same real estate license?
I've been trying to tell y'all...
Great connecting with Adam today and always happy to help!
@michaelwatson2 just did an amazing job of not only showing me some interesting NNN opportunities, but talking me through some tax considerations I was not aware of before that could motivate buyers and sellers on these deals. Just extremely insightful and helpful and I hope…
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