Published: 2022-10-22
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Intel development in New Albany, Ohio, is projected to be a $100 billion facility by 2035, making it the largest development in Cincinnati's history.
"the New Albany site though the New Albany site is going to blow everything away oh I'm sure that is the largest development ever you know how big that development is uh for Intel yeah yes Cincinnati has never had a billion dollar development really that's 20 billion on stage one state stage one it could go up to a hundred well no since they passed the chips bill that was the big thing the 57 billion dollar chip spill package it will be the 100 billion dollars are you kidding me that was it was a conditional term of that Senate bill that just passes so that's going to be a hundred billion it's going to be 100 billion dollar facility between now and 2035."
Pending
The speaker is interested in partnering to acquire hotels priced under $40 million.
"ultimately I'd love to partner with Brandon on maybe these hotels here we got a couple of these a little under 40 million dollars"
Pending
The speaker found the numbers from a previously viewed hotel 'amazing' with significant cash flow and appreciation potential.
"we're gonna get to a hotel dad was looking at a hotel today I can't wait to look at this we've already looked at one hotel today and the numbers absolutely Astound me so much bigger than I could have ever imagined on both the cash flow appreciation just the numbers of that last Hotel were amazing"
Pending
A strategy is proposed to split the hotel into 60,000 units, aiming to acquire it for $50 million and secure down payment funding, potentially resulting in a 'free' hotel.
"Our ideas we come in here and we'll split it up and we'll do 60 000 units what we can pick this up for okay we're trying to negotiate it to 50 and then we're trying to get Pace to give us all the money for the down payment and if we pull that off we get a free Hotel"
Pending
The estimated renovation cost to convert approximately 120 rooms in the hotel is $2.7 million.
"and the renovation will cost us two point seven million dollars to convert let's say 120 of them rooms"
Pending
By converting 110 rooms to Candlewood, the occupancy rate can be increased from 46% to 83%.
"this thing's running at 46 occupancy right so if you take 277 rooms minus let's say you take 110 and make them Candlewood you got 167. okay 277 times 0.46 127 and you had how many did you have 147 right you had yeah 122 divided by 147. you run at 83 percent now"
Pending
The cost to build a hotel room is approximately $200,000.
"do you know what it costs to build one of these rooms here oh gosh it's 200 000 a room"
Pending
The hotel being discussed is being acquired significantly below its replacement cost, estimated at $55-56 million.
"this is 55 56 million we're picking up well below replacement costs"
Pending
A used 1973 MC7 bus is valued at approximately $75,000 to $100,000.
"these used his used was worth like about 75 000 maybe a hundred thousand dollars his main 1973."
Pending
A 1973 bus was purchased for $200,000 (inflation-adjusted).
"new new I think he paid I figured up one day he had the receipt from it it was some band they paid 200 000 for it in 1973."
Pending
The BUR method in real estate is projected to yield at least a 40% return due to the ability to withdraw capital.
"me and Brandon using the bur method get at least 40 percent return because you're able to pull your money out"
Pending
A 1977 Aston Martin appreciated from $14,000 to $2.2 million by 2012.
"1977 this car sold for 14 000 then I think it was in 2012 which would have been what 25 35 years later yeah it sold for 2.2 million"
Pending
The compound annual return on a classic car investment, after accounting for insurance, maintenance, and storage, was calculated to be 13.7%.
"I did a cost I said here's how much the insurance would have cost here's how much the maintenance here's how much storage and I did a minimal amount it came out to a 13.7 percent compound of return"
Pending
Saving 20% on HVAC energy consumption directly increases Net Operating Income (NOI).
"so I'm trying to figure out how many watts this thing draws and so if you can save 20 of that that goes straight into your net operating income"
Pending
Failing to clean HVAC coils costs $36,000 in value, while a 15-minute cleaning twice a year is a minimal expense.
"it's costing me thirty six thousand dollars in value you know what it costs to clean that thing like I said I said 15 minutes with a 100 Harbor Freight air conditioner our Harbor Freight air compressor twice a year yep that's it 15 minutes"
Pending
The hotel is currently operating at least 20% below its potential average performance.
"it's operating at least 20 percent under what it should be operating on average"
Pending
Bringing an underperforming asset up to average performance can create millions of dollars in value, especially if competitors are operating at a lower capacity.
"all you've got to do is find at a minimum underperforming assets just bringing them up to average you was he said it's operating at about 82 percent of where the competitors are if he could bring it just stop you could bring this this property just up to the average you're going to make millions literally millions of dollars worth of value"
Pending