Robert OFarrell Profile
Robert OFarrell

@rofarrell12

598
Followers
265
Following
16
Media
1,724
Statuses

Austin, TX
Joined January 2015
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@rofarrell12
Robert OFarrell
3 months
@mcuban Then why didn’t Harris pick Shapiro? He is the best public speaker of the VP finalists and could deliver a swing state. Also a centrist. Serious question.
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@rofarrell12
Robert OFarrell
3 months
@mcuban Thanks. BTW. My dad worked for you back at Micro Solutions and said you were a great boss. He also said he wish he’d have gone on to follow you to Broadcast dot com! 🤣
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@rofarrell12
Robert OFarrell
6 months
@Eli_Albrecht Tell me they both work for Deloitte without telling me they learned everything they know about relationships from a consultancy firm.
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@rofarrell12
Robert OFarrell
11 months
@BillAckman @Harvard Harvard Endowment $50.9 billion (2022) Harvard Student population 21,613 (2022) ~$2,355,000 for every student. Is Harvard a hedge fund that doesn’t pay taxes or a university? Should they be tax exempt? I’m not claiming this is an original idea but should be looked at.
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@rofarrell12
Robert OFarrell
11 months
@gas_biz So which part time employees boyfriend ripped him off/robbed him?
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@rofarrell12
Robert OFarrell
4 months
@BarryRoland19 What shotguns are for. Get a 410 or 28 gauge.
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@rofarrell12
Robert OFarrell
8 months
@FracSlap It would also be the most diverse group of people those folks have ever been around.
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@rofarrell12
Robert OFarrell
5 months
@tomgara What did Apple Pay you to post this? Or do you own a phone repair store?🤣
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@rofarrell12
Robert OFarrell
29 days
@realEstateTrent Are you PGing the loan? If not then they’re underwriting the RE and not the sponsor. I’m not a lender. Just a developer and investor. But that’s the answer I get when I ask the same question.
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@rofarrell12
Robert OFarrell
6 months
@moseskagan @madiener @jbarro I’m with Moses on this one. This is a class based gentrification which is what matters in the US. Not the color of one’s skin but the color of one’s teeth.
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@rofarrell12
Robert OFarrell
9 months
@TripleNetInvest That’s crazy. But at least this buyer will always get their rent. Think about the folks that bought an 80s multi property at a 2.8 cap, floating rate and rents are going down AND they’ll have improvement costs and escalating taxes.
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@rofarrell12
Robert OFarrell
5 months
@realEstateTrent This “buyer” should take some of his money and invest in grammar classes and therapy.
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@rofarrell12
Robert OFarrell
4 months
@StealthQE4 These comments are disturbing. This is very sad. Time for a change in leadership.
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@rofarrell12
Robert OFarrell
3 months
@litcapital Wasn’t this the plot from the movie Idocracy?
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@rofarrell12
Robert OFarrell
1 year
@realEstateTrent Lean them then sell them in your outlet store or use them as floor model
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@rofarrell12
Robert OFarrell
4 months
@BarryRoland19 You have no idea.
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@rofarrell12
Robert OFarrell
7 months
@CaseyMericle She said you didn’t have to. But a smart man knows that’s code for get cracking.
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@rofarrell12
Robert OFarrell
2 months
@firstadopter Exactly! Let’s cut expenses and raises revenues. Who cares about customer experience. We have pricing power due to strength of brand. Let’s hammer our vendors and partners to further profit in the short term.
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@rofarrell12
Robert OFarrell
2 months
@FracSlap It really increases drilling. But in this case you’re the one getting drilled.
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@rofarrell12
Robert OFarrell
4 months
@mu2myoc Broker: The fuck? You think I dream of coming to work up in this shit on a Sunday morning? Tell all my friends what a good job I got? I'm working to support a family, man. You: “You want it to be one way… but it’s the other way”
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@rofarrell12
Robert OFarrell
9 months
@GuyDealership I still love cars. Have since I was a kid. Wish I didn’t. I’d save a ton of money. One of the few things in life that bring me back to feeling like a kid.
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@rofarrell12
Robert OFarrell
5 months
@JohnLeFevre Great list. My only edit. Lexus - Grand Seiko
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@rofarrell12
Robert OFarrell
5 months
Tweet media one
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@rofarrell12
Robert OFarrell
2 months
@JohnLeFevre Racism/classism permeates in places where there is no interaction with people of other races/classes. Went to high school in Gonzales TX. Way less racist/ classist than south Austin.
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@rofarrell12
Robert OFarrell
1 year
@constantraise This doesn’t seem like a very controversial tweet. Addictive personalities tend to excel in zero sum game events like business. They may crash and burn or they may not. In the meantime, they may beat you.
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@rofarrell12
Robert OFarrell
1 year
@Levijameshere Figure out what their wife is into (assuming this is a man - if woman what her husband is into) and send that experience or gift to the LPs office with a thank you card offering this gift to their significant other to apologize for taking their valuable time away from the wife
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@rofarrell12
Robert OFarrell
28 days
@atxREpodcast The problem is that the leadership at staff level (not talking about city manager, too soon to tell there) create their own fiefdoms. They’ve also been in their positions for a long time so they like the old way and status quo. No accountability to change and hard to fire. The
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@rofarrell12
Robert OFarrell
8 months
@mu2myoc TOLL at 52 week highs today. The only mistake you made was misunderstanding their meaning of excellence. They are obsessed with excellent stock performance.
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@rofarrell12
Robert OFarrell
8 months
@DanielLubetzky Thank you for standing up and using your platform in an effort to keep our families safe. We really do appreciate your efforts.
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@rofarrell12
Robert OFarrell
5 months
@EmmanuelAcho They should fine Carter $50k for that penalty but that would be 6 months of her salary.
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@rofarrell12
Robert OFarrell
3 months
@inkstirs @mcuban I could see that. Lead singers don’t hire stronger vocalists to be their back up singers, typically.
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@rofarrell12
Robert OFarrell
2 months
@moseskagan Service got way better. Prices went down and there are definitely no kickbacks being paid to council members or hiring folks at the city.
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@rofarrell12
Robert OFarrell
4 months
@realest49919420 Hang in there. I know it feels that way sometimes. But between the market and life, things will get better. I had all 3 of my kids act horribly for weeks and then one day it just got better. My wife has a lot to do with that though. Good luck and sorry you’re going through it
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@rofarrell12
Robert OFarrell
9 months
@RyanDetrick They just rerun this article every 6 months or so.
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@rofarrell12
Robert OFarrell
11 months
@gas_biz Buy a floor safe and a 45, it’s not that complicated.
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@rofarrell12
Robert OFarrell
1 year
@shawngorham 6 years of bad immigration law in the country. We are about 5 million workers short. Need to allow work visas for trades.
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@rofarrell12
Robert OFarrell
2 months
@realEstateTrent I’ve seen a few guys that started wholesaling (they had no money) work their way into ownership. If it’s a means to get to ownership, then I get it. I don’t think wholesaling is a long term or sustainable business.
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@rofarrell12
Robert OFarrell
1 month
@realEstateTrent Generally, when I see something that is a threat to my job, I try to invest in it as a hedge.
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@rofarrell12
Robert OFarrell
5 months
@buccocapital Yes. Let’s keep interest rates high to kill supply and add more demand to the low current supply.
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@rofarrell12
Robert OFarrell
1 year
@bariweiss @nytimes Thank you for doing this important work.
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@rofarrell12
Robert OFarrell
7 months
@realEstateTrent Reading the replies it’d seem that Austin is in trouble. Would love to buy some distressed deals In Austin but I’m not seeing them. The market is doing quite well contrary to what seems to be in the papers.
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@rofarrell12
Robert OFarrell
3 months
@CliffordAsness My grandfather worked on the railroads so I feel that I could bring a familiarity to the polar express.
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@rofarrell12
Robert OFarrell
1 year
@alexfeinberg1 You should legally change your name to Alex Flexberg. That would be so badass!
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@rofarrell12
Robert OFarrell
1 year
@mhprvpmvp Looks like the beginning of The Matrix.
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@rofarrell12
Robert OFarrell
6 months
@biancoresearch I once heard of a healthcare professional that just always input blood pressure at 120 over 80. Every time for every patient. All was ok until someone has a heart attack…
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@rofarrell12
Robert OFarrell
9 months
@gas_biz @OPIS Yep. The economy is slowing and now that companies can’t push price hike through to consumers the layoffs will accelerate to protect margins. Fed is playing with fire by keeping rates restrictive…
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@rofarrell12
Robert OFarrell
8 months
@realEstateTrent He should invest in your deals. Put him on your board /make him an advisor. That way he gets to stay involved in what he likes in a passive way. You get to pay him back by giving him purpose. He feels valued and you get valuable feedback from time to time.
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@rofarrell12
Robert OFarrell
2 months
@gas_biz Pool is a huge waste of $$$ and I build one at any house I own.
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@rofarrell12
Robert OFarrell
2 months
@allstarcharts Stay invested.
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@rofarrell12
Robert OFarrell
3 months
@allstarcharts Recency bias. They’re all thinking we are heading back to October 2022.
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@rofarrell12
Robert OFarrell
1 year
@JWurzak Austin is still the next Austin.
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@rofarrell12
Robert OFarrell
3 months
@TheStalwart They say “We need to crack the labor market to restore price stability” They mean “let’s put hundreds of thousands of Americans out of work because they’re making too much money”
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@rofarrell12
Robert OFarrell
4 months
@philipaklein @washingtonpost Time to cancel my subscription.
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@rofarrell12
Robert OFarrell
1 year
@tyromper @MikeDizzll I respect what you’re doing and last time I checked we are in a capitalist economy. Everyone is selling something. Thanks for selling positivity. I enjoy your posts.
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@rofarrell12
Robert OFarrell
5 months
@gas_biz Good post. I read it and was about to buy a Corolla for status but then realized I’m not a 20 yo college girl and now I’m buying an Escalade V. Thanks in advance for saving me!!!
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@rofarrell12
Robert OFarrell
6 months
@awealthofcs Insurers basically have monopoly power and govt requires consumers to have auto/home insurance. This doesn’t change without govt intervention and the fed can’t beat this down with interest rates. Point is. That is why fed needs to cut. Insurance and shelter don’t go down from
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@rofarrell12
Robert OFarrell
5 months
@DM_Rubenstein @RafaelCastro27 @Orioles Went by Camden yards today. What a great stadium and energy in that part of Baltimore.
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@rofarrell12
Robert OFarrell
4 months
@roblabonne To be fair to Joe, last time he remembers the price of a gallon of milk, it was only a buffalo nickel.
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@rofarrell12
Robert OFarrell
7 months
@CaseyMericle Because the current tenant is paying less than half of market rent and is month to month.
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@rofarrell12
Robert OFarrell
4 months
@SavingsCaptain I own quite a bit. I think it’s under valued. I’m a retail RE developer. Seems like a good buy but I’m no professional when it comes to the stock market.
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@rofarrell12
Robert OFarrell
6 months
@DrEliDavid So maybe the campus protest are some elaborate psy op that was put in place to make hamas lose 🤯
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@rofarrell12
Robert OFarrell
29 days
@AB84 You have become the best account on Twitter. Tip of the hat to you.
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@rofarrell12
Robert OFarrell
4 months
@realEstateTrent $15mm a year but only $8.5mm a year reported because that’s what they do in credit cards.
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@rofarrell12
Robert OFarrell
11 months
@SpiritofPines Use this to your advantage. I love when out of towners come into my city to buy real estate from me. I’ve made a career out of it. I like to say that I’m too stupid to be offended.
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@rofarrell12
Robert OFarrell
11 months
@moseskagan So he’s paying 20% tax. I would do the same and do so almost all of our sales. Don’t let the tax tail wag the dog.
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@rofarrell12
Robert OFarrell
10 months
@ZeroBasis It blew me away as well. Can’t believe how much I like using it and how much time it gives me back from traveling to the gym and back.
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@rofarrell12
Robert OFarrell
10 months
@fortworthchris I spent a few days watching tax advice on Tik Tok and now have some great new tax ideas.
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@rofarrell12
Robert OFarrell
1 year
@ErikKaiser People hate what they are scared of. In this case, a country of extremely hard working people that are trying very hard to make a better life for their families. Wish we saw this type of work ethic in the US today. Congrats on your success. Great to see a 2nd act going well.
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@rofarrell12
Robert OFarrell
3 months
@realEstateTrent I guess those medallions are worth something.
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@rofarrell12
Robert OFarrell
5 months
@3NDeveloper Make sure that you can recoup for all costs including legal fees in any lease/contract you have. Don’t allow that language to be stricken it can be the difference between whether it’s worth pursuing in court or not.
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@rofarrell12
Robert OFarrell
4 months
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@rofarrell12
Robert OFarrell
4 months
@DallasAptGP Wow. I am going to try this in Austin. I am not going to hold out hope. We have a $6mm WW line extension with 68% cost reimbursement. So $2mm is our cost but $6mm up front with reimbursement 9 months after cert of completion.
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@rofarrell12
Robert OFarrell
7 months
@JTLonsdale City of Austin told me the same thing about coyotes when I lived near downtown. Then I moved to the county line and deannexed my land. Now they have no purview. I also get to put my thermal optic to good use now as well.
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@rofarrell12
Robert OFarrell
4 months
@moseskagan Can that really happen though? Caruso spent over $100mm and lost. He seemed like a moderate to me.
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@rofarrell12
Robert OFarrell
6 months
@mu2myoc “Call for Offers”: we believe we can find a buyer that thinks it’s still 2021 “Offers Due By X date”: we believe it’s still 2021
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@rofarrell12
Robert OFarrell
3 months
@awealthofcs Your best tweet of the year. Please open Animal Spirits this week speaking in Stephen A Smith voice.
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@rofarrell12
Robert OFarrell
4 months
@BuildtoSuitBurt @DallasLoveField @RELurker @tyleralley24 @bethanyjbabcock We own a few hundred acres of I 35 frontage in Hayes county. Just deannexed it from San Marcos. Feel good about our position there and are now working through how we will subdivide and for what uses.
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@rofarrell12
Robert OFarrell
3 months
@ItsKatieRYall @mcuban Fair enough. As you said. It’s just my opinion and I’m wrong a lot. Seems to me like a mistake not to put someone that can deliver such an important swing state on the ticket. I asked Cubans opinion because he’s from PA. I’m from TX so my vote really doesn’t matter at the
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@rofarrell12
Robert OFarrell
7 months
@moseskagan It’s been pretty demoralizing for the past 2 years. Not surprised to hear but sure seems like we are close to the end of this. Be a shame for them to throw in the towel now. Some of my development partners are a bit depressed but it makes a huge difference to have a team with
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@rofarrell12
Robert OFarrell
9 months
@TripleNetInvest Thanks for sharing. He is spot on.
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@rofarrell12
Robert OFarrell
9 months
@moseskagan Why didn’t SF just buy a $1.7m home and use that homes toilet?
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@rofarrell12
Robert OFarrell
10 months
@gas_biz What if all of my vehicles are diesel?
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@rofarrell12
Robert OFarrell
11 months
@REExchangor Love the simplicity of your offer.
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@rofarrell12
Robert OFarrell
1 year
@ErikKaiser Love it. You could solve the inflation problem with 1.5 million new immigrant workers.
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@rofarrell12
Robert OFarrell
4 months
@CoyDavidsonCRE Great post.
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@rofarrell12
Robert OFarrell
26 days
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@rofarrell12
Robert OFarrell
4 months
@CliffordAsness @Commentary Thank you for continuing to raise your voice.
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@rofarrell12
Robert OFarrell
7 months
@moseskagan How to get more credibility in progressive journalism today: How can we find offense in something generally accepted as normal or fun and be offended by it.
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@rofarrell12
Robert OFarrell
4 months
@mhprvpmvp This pop tart is offering better insight/takes than 98% of the accounts I’m seeing lately.
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@rofarrell12
Robert OFarrell
1 year
@1031Specialists This is also why the “why would I buy a NNN asset when I can buy treasuries at the same yield” goes out the window if anyone is really paying attention.
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@rofarrell12
Robert OFarrell
4 months
@NNNIncome I think I’m quitting too. My 200 followers (5 real - 195 bots) will be devastated.
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@rofarrell12
Robert OFarrell
8 months
@realEstateTrent I have a friend like this. I put him in my deals so he can stay in the game. He loves it.
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@rofarrell12
Robert OFarrell
5 months
@WarrenPies I agree with you. I’m in RE development. New multifamily starts are basically at zero. The units coming online are from deals capitalized 2 or more years ago. Home builders are very cautious on new takedowns and sentiment is not great (central TX) and we are in a growth market.
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@rofarrell12
Robert OFarrell
2 months
@allstarcharts I would imagine that has cost a lot of people their jobs.
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@rofarrell12
Robert OFarrell
1 year
@chloecypers Chris Hatch knows. I once saw him get paid on a retail renewal in Austin from one of the stingiest owners on the planet.
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@rofarrell12
Robert OFarrell
3 months
@Ritholtz This is the best translation I’ve ever seen. This is the truth!
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@rofarrell12
Robert OFarrell
1 year
@GaryWinslett Should we assume they don’t like property tax and renters?
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@rofarrell12
Robert OFarrell
5 months
@TheStalwart If mattress Mack were trumps running mate. I would vote trump as a lifelong democrat.
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@rofarrell12
Robert OFarrell
5 months
@mu2myoc More likely drug dealers
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@rofarrell12
Robert OFarrell
4 months
@iononrecourse This is how you become wealthy with CRE. Covered land retail is my personal favorite. You can also do this infill if you know what you’re doing but IMO, only in Markets that you know VERY well.
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