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92Likes

08-12-2022, 01:25 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,025
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Not Ranked
Quote:
Originally Posted by RodKnock
$20,000? How did you pick that number out of your behind?
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Yep, exactly. That's basically my nuisance number. Anything below that I view as being nothing but a nuisance even if it's the true value of something. 
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08-12-2022, 02:00 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
Quote:
Originally Posted by patrickt
Yep, exactly. That's basically my nuisance number. Anything below that I view as being nothing but a nuisance even if it's the true value of something. 
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So, $19,000 is a nuisance?
Without seeing a balance sheet, income statement, bank statements and tax returns, etc. for the business, $20K could be laughed off by Brent as being an insult or instantly snapped up by him.
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08-12-2022, 02:04 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,025
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Not Ranked
Quote:
Originally Posted by RodKnock
$20K could be laughed off by Brent as being an insult or instantly snapped up by him.
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I agree completely. But if he counters at $200k then they can take that next step. OTOH if he says "deal" then $20k is basically sofa-cushion money if you want the site. Even if the site throws off less than a grand NOI. 
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08-12-2022, 08:02 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
Quote:
Originally Posted by patrickt
I agree completely. But if he counters at $200k then they can take that next step. OTOH if he says "deal" then $20k is basically sofa-cushion money if you want the site. Even if the site throws off less than a grand NOI. 
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A day's worth of work for you, but not everyone bills out at $2,000/hour like you do.
BTW, who was that old CC member with an 427 ERA, sold many years ago, who used to bust your a$$ here and coined the suage of you going to some bar. What kinda bar was he pulling your chain with?
Last edited by RodKnock; 08-12-2022 at 08:05 PM..
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08-13-2022, 04:51 AM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,025
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Not Ranked
Quote:
Originally Posted by RodKnock
BTW, who was that old CC member with an 427 ERA, sold many years ago, who used to bust your a$$ here...
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That was ERAChas and the oyster bar. I was thinking about him just the other day. I still miss him. 
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08-13-2022, 05:25 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
Quote:
Originally Posted by patrickt
That was ERAChas and the oyster bar. I was thinking about him just the other day. I still miss him. 
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The oyster bar. That's it. I still get a kick out of that one.
Ya, from time to time, I think about him too. I wonder if he's still with us. I believe he or a family member was not doing well and probably one of the reasons for the sale. Maybe it was his eyesite.
His ERA had real magnesium wheels and there was a time that I chased around for a set. Ah the good old days.
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