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Brandon Avedikian

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@bavedikian

Founder of Aspire CRE.
Building the commercial real estate firm of the future.
Houston, TX linktr.ee/bavedikian Joined September 2011
1.6K Following 9.1K Followers 9.9K Posts

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Brandon Avedikian Verified account @bavedikian
Never deleting this app
Mark R. Levin Verified account @marklevinshow 2d
Folks, I have spent literally the entire day trying to get someone at AOL to unlock my email. For the last eight hours, I have been told that the issue has been escalated to supervisors who would contact me. I haven't heard a thing.
You would think that, since I'm one of the last human beings on the face of the Earth still using AOL, they would take care of this. You'd be wrong.
So, once this gets resolved, hopefully before the next presidential election, I'm dropping them. (I kept them this long out of convenience, but now I have no reason to keep them.)
I'll see you on the radio at 6 p.m., at which time I will address this further.
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Brandon Avedikian Verified account @bavedikian
NOI never tells the full story, particularly on multi-tenant commercial properties.

Look at what the seller had to give in tenant improvements and free rent to get the NOI where it is.

To maintain or grow that NOI, you'll likely have to offer similar (or greater) concessions.

Leasing costs are "below the line" and don't reduce NOI. Assuming the NOI will continue without further capital investment is a recipe for pain.
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