And the hits keep on a comin'!
We're trying to negotiate the boat (no, literally). There are a few lakes around the county we could take shareholders to for leisure trips as needed (assuming the boat works - I don't believe I've been on a boat before).
@Happy - My brother runs RentalStarter, and has a maintenance/construction crew that can be utilized for any repairs or rehabilitation. Because of this, we can leverage a work-for-rent schema that would allow us to mark down any repair or renovation costs significantly, and keep all such things in-house. Will we need to dedicate funds to the building to get it up-to-date? Absolutely. But if we mortgage the property, we could easily be in a situation where we may have to divert less than $150,000 USD from IPO funds to cover purchase + rehabilitation (then tack on the ~$4000/mo fee for mortgage/taxes/insurance). $4,000/mo we can swing even with the current slump.
Due to my brother being a Real Estate agent, we've discussed ways of "Tying up" the building in legal contracts that would give us 90+ days to find a lender and mortgage the property. If we went that route, we'd have plenty of time to get true costs evaluated before making the dive.
April 24, 2014: Benny speaks about the purchase of the 68,000 sq ft facility and how his Twinie will lease part of the it.
January 03, 2014: Branny (Brandon Schlichter) talks about some unknown already interested in leasing the same exact facility that his Twinie is looking into purchasing.
June 12, 2014: The 68,000 sq ft facility in question is sold at auction supposedly to Benjamin Schlichter.
And I, among others, are the motherfuckin' assholes for bringing this truism to light, with Brothers Schlick's cocksuckin' buddies givin' us negative trust for our efforts.
These fuckers don't have a motherfuckin' clue that they're only one phone call away from no longer ministering to youths in the basement of their Holy-rollin' Pentecostal church.
At the moment, I'm one pissed-off Bitcoiner.
