I attended a real estate seminar this weekend. The speaker gave an example of a distressed property. The new owner purchased an apartment complex and renovated for over a year to great extremes. Build it and they will come. When the new owner finally re-opened the property, occupancy never materialized and the rate of return was negative. This property owner was not a traditional real estate broker. This property owner was an engineer.
I also learned much about cash flow this weekend. If anyone would like to discuss cash flow and the Lively Kernel, please chat me up.
On Fri, Jul 16, 2010 at 9:15 PM, Philip Weaver <[hidden email]>
If no member of this mailing list is exploring any degree of funding to help propel this project, then that is a great tragedy.
There are approximately 110 people on these lists. This issue does not fall to Jens or Dan or Robert. I will allow myself to be challenged and I will welcome the challenge. If no member of this mailing list is exploring any degree of funding to
help propel this project or some derivative then that is a great
I will email each of you individually if necessary.