Tommy Dobczyk walks through a Jacksonville real estate deal with a 0.5% BSCR, which is too low to take. He suggests passing on it but exploring a nonprofit partnership with the seller instead, while keeping an eye on vacant land in Arizona, Illinois, and Florida.
Chapters
Amor, don't even look at me like that. It ain't even there. So, and then Saray, we got to figure out where she's at. And I know she's hanging out, but you guys are going to have a Florida meeting and I wanted to get an update on that. So I'm hoping Saray can bring me up to speed on that. So let's see, Amor, we looked at this Jacksonville deal last night and we ran through the numbers they sent over and it came back at like a 0.5% BSCR, right? The numbers were really hard. And so what we discovered though, is that They may have an outlet for us to find other ways to get into working with the nonprofit they're associated with. So we can be polite about it and be like, the numbers don't quite work for us, but good luck. On the flip side, we've got vacant land in Arizona, Illinois, Florida that we would like to see as an opportunity for this. And so what's the chances of working together? Did you make any headway on that?