In this short dialogue, Speaker A describes a potential luxury toy‑storage property in Corona, highlighting its strategic location near affluent neighborhoods, numerous repair shops, and freeway access to recreational areas like Glamis, Joshua Tree, and Big Bear. Speaker B acknowledges the logistical benefits, such as truck parking and port access, and introduces a student named Katya who uses a real‑estate model to analyze deals. B points out a striking rent increase claim—from $17,000 to $71,000 in the final six months of a lease—questioning its enforceability and whether a lease actually exists. Speaker A admits the lease documentation was not seen and promises to investigate further.
It's in Corona, and this is a perfect location for a toy storage, luxury toy storage, because it's in the center of a lot of wealthy areas. And Corona has a lot of repair shops and stores, I guess. And it's right by the freeway that goes to Glamis, Joshua Tree, Big Bear, like all the places.
So I see where you're located there. Good port access and stuff. And logistics hub where you're able to park trucks is good. Or they are— want everybody to know that Katya, she's a student at college who utilizes this like it's a best friend, and they sit and have conversations about real estate, and she's really learned how to utilize this model to her benefit. So I like the, I like the results that she's able to produce. As an investor and a developer, it's important to have data. Those rent jumping from $17,000 to $71,000. For the final 6 months of the lease term. And that is a massive value swing if enforceable and collectible. So, so what does that mean? Do they currently have the lease on it? Is that what it said?
Let me check the— I don't think so. I didn't see anything about that, but let me write it down so that I can take a look.
Deal Hunter was coming up with something from somewhere. So that's what I'm trying to figure out, what Deal Hunter's brain is doing. This is one where you got to talk to the owners, but where did it get that information? Like, that's what I want to know. But it's asking the right questions. So let's verify where it got the info. Okay. Let me see. Because I think, I think based on what I've seen so far, it looks pretty good. And I'm sure we could run through the numbers to figure some of that stuff out too.
