creNERD | Kevin Schmoldt @Schmoldty
Strip Mall Broker | Real Estate Problem Solver Commercial Real Estate Investor | Wisconsin Dad | Sailor | Fisherman | Pilot Wisconsin, USA Joined May 2009-
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Sign call purgatory. Missed three calls from the same number, in a 20-minute span. I was in a meeting. Returned the call. Caller. Who handles your window cleaning? 🫣 #retwit
"Timmy and Tommy....they became multi-millionaires when they invented mini-malls". I wish s'more people would remember this great strip-mall reference at the end of The Sandlot. #retwit
"You can't get a haircut online" - @RE_Ari18 Neighborhood shopping centers and #stripmalls for the win! Enjoyed a great panel discussion at the @CARW1 Retail Event today.
Frank. The the robots name at @OctaneCoffeeMKE Enjoyed learning about the genesis for the concept, and future plans for expansion at the @CARW1 retail event today.
Thrilled to be an attendee at the @CARW1 Retail Conference today after several years as co-chair! Great discussions about retail #CRE - including this roundtable led by @RossKoepsel of @Founders3RE
It will be interesting to observe the impact this has on #CRE brokerages. #noncompete #retwit
You can change your debt, but you can't change your basis. #retwit
Northridge Mall demolition in @cityofmilwaukee
Love the #PullTab promotion by @cousinssubs
You know it's a good site tour, when you start with a full tank of gas (435m range), have to fill up midday, and finish with half a tank...
Watching. Waiting. Hoping. Return of 100% Bonus Depreciation in 2024? 🤔#costseg
Vacation. Out of the office. Return. 3 VM from same caller, all within a few short minutes of each other. Had an extended absence greeting. Caller wants more info on "that space you have for lease". Doesn't mention an address. I think I know their category.
With each passing year in brokerage, I'm increasingly suspicious of new lease listing opportunities. Often, the real challenge with the vacancy has less correlation to the market, than the owner. #retwit
In order to achieve the sales of a single Chick-Fil-A restaurant, you would need to own: • 4.2x Wendy's • 4.5x Popeyes • 6.3x Domino's • 2.9x Chipotles • 5.1x Taco Bells • 2.2x McDonald's • 5.5x Burger Kings Really puts things into perspective 🤯
First time using @fiverr - attempting to use a designer to compete a simple facade rendering which can be used for the marketing of a retail building we are acquiring. New facade, storefront, etc...
Kids project day at @HomeDepot, sponsored by @BliffertLumber?
Kids project day, at the @HomeDepot
It's a good night to own a @ToppersPizza #franchise
EudoraMaud @453wAlZpteIXZz
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503 Followers 198 Following UT Land Broker. Creating value through zoning map amendments and genuine relationships. Hybrid Athlete-Running, Biking, Skimo. My life revolves about Good Dirt!@Schmoldty The others are parking lot blacktop guys and tractor trailer parking. It’s like no dude, you going psycho calling me 4 times in a row over emergency blacktop repair or permission to park is a definite way for me to not refer you to the owner or say yes.
@Schmoldty @CARW1 "You can't get your hair cut on the internet" If you're gonna quote me, quote me correctly!
Yesterday I closed a deal. The commission is almost double what my YEARLY salary was, just 11 months ago. This. Industry. Is. Wild.
@realEstateTrent It was probably the cpas fault. Happens. I just assumed bigger investors always file extensions. I’m shocked when they don’t.
@realEstateTrent You guys are just more buttoned up. My guess is nearly all of your LPs file extension because they always have some K1s that are late. If I had to in a number on it, about 20% are late every year. I’ve had to file for extension for the last 7 years and expect to do so every yr.
@scottdavisCRE @Schmoldty @cityofmilwaukee It's a union demonstration.
@Schmoldty @cityofmilwaukee What's up with the Rodent of Unusual Size?
@fortworthchris @realEstateTrent Awesome !! Finally !!
Alright folks, this episode has been a long time in the making. The man who made talking about dentists being great tenants, Chick Fil A drive throughs, and strip malls at large, @realEstateTrent, is joining me in a couple weeks on the podcast. We're going to give the people…
@Schmoldty @typjohns Correct. I was just thinking of posting this exact thought
2 days left in Q1. Crush it and set the year off on a good note!!!😎
Man, sometimes I really do miss running restaurants
@Schmoldty @fiverr I've used them for logos and marketing pieces with success. Will be interested to see how the renderings go.
Some of the very best commercial real estate deals are listed by residential agents.
What is a boutique firm - I hear it a ton, not sure what it means.
Retail lease form change/update (from my recent visit with my LL friends at ICSC and Retail Live: Assignment fees: $5000 base plus 5% of sale price whichever is greater Or 25% of sales price Did I say it’s a nice to be in a LL market for a change? #nosupply