Michael | Net Lease Notes & Trailer Park Tales @michaelwatson2
Commercial Investment Sales Broker - $1.7B+ Team Transactions in 43 states | MHP Owner - 17 parks (800+ pads) | Managed Sales Teams of 40+ | New Dad | Tar Heel linktr.ee/michaelwatsonnm Atlanta. Carolina in my mind. Joined April 2009-
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Me before every flight trying to decide whether to only bring a carry on or bring more than one pair of shoes...
Taylor Swift's Eras world tour is one of the most sought after tickets in history and it can cost thousands to get in the door. But there's an interesting geographic arbitrage taking place. I know half a dozen different people who are traveling abroad to see her in concert. In…
National occupancy for Mobile Home Parks is up 30 bps YOY to 94.7%. Average rents increased by 7.3% in 2023 (largest increase in the past two decades) to $679/ month. 2023 sales volume was down 40% YOY but caps still averaged ~6.5% and the median price was $41K/ pad.
This young lady is well informed. The difference is a couple hundred bps...
Heading to Scottsdale, AZ for the second half of this week. Who should I connect with while I'm there?
So true! I built my own cash flowing real estate portfolio so I would never need someone's brokerage business and could focus on my client's long term goals. I'll outwork anyone to earn and keep that business. But I don't need it to pay my mortgage or feed my family.
So true! I built my own cash flowing real estate portfolio so I would never need someone's brokerage business and could focus on my client's long term goals. I'll outwork anyone to earn and keep that business. But I don't need it to pay my mortgage or feed my family.
I enjoy reading older business books/ case studies to learn more about strategies, successes, mistakes, and cycles. Circuit City filed for bankruptcy 8 years after being highlighted in Good to Great. GE was the gold standard until it wasn't. "There is no better teacher than…
Since I missed the ReTwit Gala this week on floor #101, I spent part of my weekend at lot #102. Which view do you like better?
"I'm sorry. She can't come to the phone because she just passed away." As a kid (before the days of cell phones), my friend told telemarketers his parents just died so they'd stop calling their house. I decided to give it a try. Someone called and mispronounced my mom's name -…
Everyone talks about the importance of family but not many live it. Drake Maye was just drafted third by the New England Patriots. He's the youngest in a family of incredible athletes. The UNC QB was joined in the green room by his brothers Luke (2017 UNC Basketball National…
Easy to say debt is bad and you should avoid it. But if used correctly it's a tool; it can build or destroy wealth just like a hammer can be used to build or destroy a house. To me, debt is bad when over leveraged or used for unnecessary consumer purchases. Debt can be good…
Having some FOMO I can't make the trip to NYC. I've been fortunate to spend a little time with @realEstateTrent & @BobKnakal. They're both consummate professionals that are always willing to help. I'm sure it will be an incredible event & hope everyone has a blast!
"This investment makes absolutely no sense. These people are idiots." Vs. "In what scenario might this investment make sense? What could I be missing here?" You might learn something and broaden your perspective if you choose the latter.
"Don’t waste the rest of your time here worrying about other people—unless it affects the common good. It will keep you from doing anything useful. You’ll be too preoccupied with what so-and-so is doing, and why, and what they’re saying, and what they’re thinking, and what…
We have various utility systems in our mobile home parks. My favorite for water is a well with a city backup in the event of failure. Well water costs next to nothing and can be charged to tenants at a premium for a price less than they'd pay the city/ county. Win-win!
Barrett Linburg @DallasAptGP
47K Followers 1K Following $140M real estate owned (w investors) | 1,990 units bought & sold | $165M multifamily development pipeline | OZ Expert | 17yrs in RE | Housing ProviderNick Huber @sweatystartup
365K Followers 3K Following Sold a service company for 7 figures. Now a self storage operator with 1.9 million square feet and 44 employees. I send a weekly email to 240K people. Athens GACasey Mericle @CaseyMericle
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83K Followers 721 Following Real estate developer. $200 million + in projects developed since 2017. Co-Founder Hall Sweeney Properties. Founder of The Bright Build developer community.Levi @Levijameshere
67K Followers 856 Following Follow me for Tweets that simplify Industrial Real Estate - Levi Benkert - CEO @ Harbor Capital - all Texas Industrial all the time 🚀Moses Kagan @moseskagan
142K Followers 4K Following Owns $200MM of apartment buildings (w investors). Manages 1,000 apartments. Co-founder: @reconvenela & @reseedpartners. Join my mailing list here ⬇️SMB Attorney @SMB_Attorney
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19 Followers 252 Following Elegant Vision Foundation is a non-profit organisation setup 25/12/22, 2 help/provide needs 4 the poor giving back 2 the society also give us the ability 2 growTrey Mills @sctriallawyer
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373 Followers 2K FollowingB-Anita @fuzi_haruno77
450 Followers 889 Following I love traveling ✈️Diving🤿Yoga🧘♀️Skiing ⛷️Reading📖 "The only way to achieve the impossible is to believe it is possible."RealEstateLP @RealEstate_LP
46 Followers 367 Following Day job as an institutional real estate investorDeckDogg @425digs
1K Followers 3K Following genX 🤙God saved my life! 🙌 covid ventilator/remdesivir survivor.🙏 Seattle OG #Seahawks #Mariners #Sonics #AussieDogs #FlyFish #TeamReality #Realtor #IssaquahStripMallGuy @realEstateTrent
227K Followers 313 Following Candidly sharing 20+ years of real estate knowledge. Buying strip centers anywhere in the US - As featured in The Real Deal. Posts are opinions, not advice.The Real Estate God @TheRealEstateG6
116K Followers 153 Following Institutional RE ($500MM+) turned REPE firm founder. Apply to work 1-on-1 with me to buy your own deals: https://t.co/IgNreCEwzFMultifamily Madness @MultifamilyMad
55K Followers 299 Following Multifamily investor and Broker. Brokered 300+ Multifamily sales. Multifamily Deal Analyzers in the link below:Barrett Linburg @DallasAptGP
47K Followers 1K Following $140M real estate owned (w investors) | 1,990 units bought & sold | $165M multifamily development pipeline | OZ Expert | 17yrs in RE | Housing ProviderNick Huber @sweatystartup
365K Followers 3K Following Sold a service company for 7 figures. Now a self storage operator with 1.9 million square feet and 44 employees. I send a weekly email to 240K people. Athens GACasey Mericle @CaseyMericle
27K Followers 1K Following Real Estate Degenerate. Opinions are free the foolishness you’ll pay for. DM like you own the place.Sean Sweeney @seandsweeney
83K Followers 721 Following Real estate developer. $200 million + in projects developed since 2017. Co-Founder Hall Sweeney Properties. Founder of The Bright Build developer community.Levi @Levijameshere
67K Followers 856 Following Follow me for Tweets that simplify Industrial Real Estate - Levi Benkert - CEO @ Harbor Capital - all Texas Industrial all the time 🚀Moses Kagan @moseskagan
142K Followers 4K Following Owns $200MM of apartment buildings (w investors). Manages 1,000 apartments. Co-founder: @reconvenela & @reseedpartners. Join my mailing list here ⬇️SMB Attorney @SMB_Attorney
111K Followers 2K Following Eric Pacifici | Helping folks buy, sell and operate enduringly profitable businesses at @SMBLawGroup & @theSMBCenter | @Kirkland_Ellis & @GibsonDunn | @dukelawAndrew Schaper @ZeroBasis
13K Followers 390 Following Permanent-hold light industrial developer | ‘Drivable Exurbanism’™️ | 22 acres under developmentBaird Kleinsmith @SultanofStorage
30K Followers 2K Following Quit my 9-5 in '21 to buy storage properties. Now: $21.5m acquired across 10 sites, ops managed by remote team in LATAM. Co-Founder of @Hire_LATAM.Jake | The Duke of Di.. @TheDukeofDirt
21K Followers 222 Following Acquiring apartment buildings in the Philadelphia MSA | I share lessons from the world's sharpest mindsMichael Girdley @girdley
214K Followers 2K Following CEO of an 11-business, 600-person holding company. Fireworks, software, +9 more. Writing about holding co's, starting businesses, life, and leading.Daniel Herrold @TeamHerrold
16K Followers 687 Following 20+ Years in #CRE focused on retail investment sales. SVP at @Northmarq | My insight & honest commentary - what you really want to know about the industry.Shawn Gorham @shawngorham
58K Followers 2K Following Value add real estate buyer. I buy the worst of the worst properties in most asset classes. DMs open for distress opportunities.Eric Weatherholtz @iononrecourse
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293 Followers 624 Following Est. 2013 - Nationally licensed P&C insurance brokerage. We protect your business, CRE, assets, home and toys. Call us to get started (210) 455-0218Micah Lacher @micahlacher
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27 Followers 24 FollowingCole Simpson @jcolesimpson
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10K Followers 917 Following Marine Vet turned Landscape Operator. 80 employees. 7.5M and growing | I post about the daily struggles of running a business. | Quasi-sponsored by @jacklinksHiten Samtani @hitsamty
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59K Followers 2K Following CFO, investor, and sneakerhead. Former F100 M&A and USMC. Vibes rarely serious but always positive. Let's talk business for just $20! 🚀Ben Krsnak @benkrsnak
4K Followers 3K Following 20+ years experience as Commercial real estate developer and operator in Minneapolis-St Paul | retail/office/industrial/hospitalityLand Medici @LandMedici
4K Followers 450 Following Real estate operator sharing insights from nearly $10B of acquisitions. Helping others earn more by thinking longer - buildings depreciate, land does not.Alright. I have coming soon to market a Sherwin Williams in Fair Oaks, TX, a Caliber Collision in Idaho, an O’Reilly in Davenport, FL and a national C-store in Texas. All BTS except for one GL. Long term leases in great markets. Let me know if you need more info!
I've established my encampment of the house my wife occupies. I will not leave this location until she agrees to stop spending so much money on her credit cards!
“How do you motivate your team to keep making cold calls in such a tough market?” Sometimes you gotta get creative
Good Lord
When you rent you might be paying $1,500-$2,000/mo. When you own might be paying $2,000-$3,000/mo but also $5,000-$10,000/yr of repairs. Owning a home is not for everyone & for anyone who says renting is throwing money away? They're wrong.
I once received a demand letter. The letter was signed by the attorney and had a CCed section that listed the CEO of the firm. The demand was very odd and was very aggressive. So I called the CEO. Me: "Hey, not sure why this was necessary. Wish you had just called me. It's…
Marcus & Millichap: we're good at real estate, please take us seriously. Also Marcus & Millichap: Ayo! You wanna buy a fuckin' pond, bro?!
@michaelwatson2 UK doesn’t have as much disposable income in credit as we do in the states?
@michaelwatson2 I know someone who is flying to Poland 🇵🇱 for a show. Seems crazy to me but I could probably only identify 2 Taylor Swift songs. Don't @ me.
@michaelwatson2 i have 2tickets of taylor swift show for the Paris la defence arena holding on 9th of may
@EvanMouhalis We are only doing ground leases at this point. Deals do not make sense.
@michaelwatson2 You should go in Paris. That's a bargain
⭐️Sold in Alpharetta⭐️ Rise Property Group sold 915 N Point at a record price in affluent Alpharetta. Caden Herring represented the seller and sourced the buyer, closing at contract price in only 30 days!
Turned 33 today! I think the celebration was on-brand.
TIL: it's cheaper to see TS overseas than it is in the US.
Taylor Swift's Eras world tour is one of the most sought after tickets in history and it can cost thousands to get in the door. But there's an interesting geographic arbitrage taking place. I know half a dozen different people who are traveling abroad to see her in concert. In…
@michaelwatson2 They bought tickets when they first went on sale and paid face value in Canadian prices. I find it hard to believe any US show is cheaper when you factor in the exchange rate as well.
@michaelwatson2 Yes, we know someone going to see her in Canada because Canada doesn’t allow price gouging unlike the US.
@michaelwatson2 I saw Hamilton in London for cheaper than I could have seen it in NYC at the time. It was a blast.