I was telling stories to my twitter turned IRL friend the hilarious @financeguy725 yesterday. We agreed, mishaps make the world go round. Gruesome stories of extreme stupidity are SO entertaining. Golden hour amusement. First cold day of the year, heating faltered for 3 tenants. But, we'll just talk about Tenant #1. Tenant number 1 has about 25Ksf suburban office. Office has funny smell. HVAC contractor called. 30MPH winds. HVAC man is NOT going on the roof (because his ladder will blow over). Never fear, Tenant has an idea! 15 minutes later the fire department arrives. They are hooking up to hydrant when Tenant says, maybe you can just use your bucket to get HVAC dude onto the roof. And they did! A belt slipped, melted, snapped. It smells when this happens. Employees are not to return to the office until unit is repaired. Have we talked about the supply chain? No? Just in time delivery isn't quite what it used to be. Fingers crossed for a 5 day expedited delivery. (And yes, the spectators who heard the fire call on their scanners were utterly disappointed. No visible flames.) @CarolWalshReal1 I hope this cheers your day. @StudentRentPro - not a frat bro cutting down a tree for parking but not bad. @MarcSGilbert - it's not that time that the power company ran their power line through your second floor but it's entertaining! Office/retail/industrial landlords love to talk about how little management they have. They might be exagerrating. 😉

The more I learn about how ya'll do it in the wild wild east (of CA) the more I am convinced I am never leaving CA. Licensing is a moat here You go to jail for non complaince You will get caught I love CA - I am never leaving. And guess what? Our weather is the best in the world and our beaches are incredible - haha Regulation keeps competition in check

When code enforcement illegally seizes your tenant’s store and you show them who’s boss. They came quick to unlock.

What did an office job look like before computers or cell phones? People got to the office at 9am. There was just a desk there, and a telephone. What did they even do? I know there’s an answer to this. I don’t know what it is.

We were so close to bankruptcy. 8 years ago we had to close a store that we were forced to buy for $1.8 million to save one of our other locations. If we didn't buy it we would have lost our strongest store at the time (due to a crappy landlord situation). The store we closed was losing $600,000/year after 3 years of giving it our best. It was cheaper to close the doors and continue to pay rent for 2 more years and let the lease expire vs keep it open. The loan for buying that store will be fully paid off this November. $34,000 a month in P&I 8 years 2025 will be a good year Glad we're still here.