Im4datigers

For those looking for tickets for Keeneland, they have some on StubHub. Not too pricey for GA.

Keeneland sat morning at 11:00. Bought a parking pass next to stadium in orange lot for Saturday. Staying in Frankfort.

Unfortunately no bourbon tours for me as it’s a father/son trip.

Season ticket holder just trying to get my cost back - $50/ticket. Will split up 2/2 if needed.

Lancenobles@gmail.com

Unfortunately won’t be able to drive over until late Friday night, but staying in Frankfort.

Where is the best place to park and tailgate? Is campus walkable or is it spread out? Thinking Keeneland for a few races Saturday early afternoon and then drive in to campus to tailgate. Should we suck it up and buy a parking pass next to stadium? Or are there better spots to set up (any dedicated LSU spots?).

Bringing 12 y/o son too. Any cool things around campus or town we can do before we head out Sunday?

What do you have? Lancenobles@gmail.com

Lou Tepper and 2nd place isn’t even close.

Good point. Haven’t thought of it from that angle.

When they run through the NFLSU segment of game, do they still include [redacted name]. And if so, how big will the boo’s be for that one?

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It was real estate related but AI completely killed it. Ironically, AI killed one of my biz while skyrocketing the other. My gvt contract biz is doing 16mm this year and I would say half of those awards are due to AI.

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Yeah I hear you. I hope what I’m trying is niche enough and different and takes a lot of real life experience that’s within it to make a difference. Feel like AI can come up with any information but tossing in human experience and real life examples might be the difference. Who knows. Cheap to create so only out some marketing dollars if it doesn’t work.

Curious as I have a corporate job as well. I’ve been looking into a similar service business. How are you setting this up (I’m in Virginia so no completion with you).

Are you hiring a GM to run it day to day? A franchise? How do you plan to have the work completed? Are you just subbing out the work and 1099 people?

- HELOC if you can find one on a 2nd home. I’m commercial lending so not sure if that exist on consumer side or not

- set up an LLC

- partner with the builder but maintain all control. And when I say partner don’t give them ownership in LLC, give them a cost plus say 10% contract to build (or something like that) and then dangle a carrot in front of them (through a formal agreement) where they then get 25% kicker of the net profit when sold.

- obviously the key is least leverage as possible in case it sits and you have to fire sale it. And always look at it as a rental in a worse case scenario. If you can’t sell it and have to hold it, what’s the monthly cash flow look like.

Has value yes, but not enough value to sell, pay off debt and return money to investors. when you borrower with a total capital stack of 90% or more and then rates shift on you by 300+ basis points, toss in cap rates moving upward by 50 to 100 basis points and your investors are wiped clean.