A real estate deal shows three valuation methods giving wildly different results. The income approach values it high, but the asset approach collapses to nearly zero because the only tangible asset is covered storage. The system suggests paying full price with no discount.
Did you see the deals today in The Deal Room? Income. This is an income approach value, right? If we changed the way we valued it to a market or to an asset, the value of this property plummets extreme. If you go asset, what asset do we have on this property except covered storage? Nothing, right? So no value, no asset, no, no value, no asset, no money, right? So, so go ahead and keep going down. Yeah, we can just race to the bottom now and let's see what the buy price. Go back and see what the buy price suggested, because I want to see if it disagreed with you right there. So I mean, it just says pay it. It doesn't say lower it, right? It says pay it. The last thing you want to do is start off a deal by pissing somebody off. Aaron, man, see that though. Let's run to the bottom again and see where this comes in.
