Brew

Hence the reason I am at the beach with the dog. Did my service, not going back any more. Plus, the dog rates above the kids to my wife, so it wasn’t even a hard sell to keep him while they went.

1, definitely a 1 unless the scale goes negative and then I would like to revise my answer.

Factor in the maintenance side of things as teak is a labor of love to keep it looking nice at least in the boat applications I’ve always used it in. Have you looked at the higher end composite decking material? It may be something to at least check out as what we used has a really nice look and has held up well. It still seems odd to not be doing either stone or finished concrete. I can’t say I’ve even seen a wood decking on an in ground pool that I recall.

Teak looks great when taken care of which is a process, not so much when it ages. However, I can’t see any way that true teak would in any way be cheaper than a stone alternative. I’ve never seen it used in that large a layout or around a pool either.

Looked at 4 doors and 2 doors several times, I prefer the look of the 2 door. The 2 door is definitely the jumbo sized shape of the classic early 70’s Broncos, but there is nothing wrong with the 4 door with the proper accessories and colors.

I had just driven the that road and dropped off my girlfriend (wife now) 15 minutes before that happened. Anyone in the passenger seat wouldn’t have made it. I had an interior picture at one point that showed the dash and back of the motor pushed into the passenger seat which was pushed into the back seat. Not sure how my no seat belt wearing self walked other than I hit the tree slightly off centered so the car bent into a J rather than just stopping and the steering column broke so I ended up up in between it and the door. That plus a lot of smaller brush helping scrub speed before I hit something solid and a shit ton of it just not being my time I guess. I knew people that didn’t make it from much less serious looking wrecks. I don’t remember anything from that night prior to the wreck, but I clearly remember the first cop asking where the body was when he looked at it. It was on a 7-8 mile back road I ran multiple times a day and each time I drove it late at night I tried to better my time from end to end. My vehicles took a serious downturn after that one. Went for a K-5, to the Camaro, to a string of cheap Escorts and Tauruses.

Still my favorite vehicle on the road. I’ve thought hard about pulling the trigger on another one, but I just haven’t been able to do it.

17 year old me in my Camaro. Cops estimated I was doing in excess of 100 when I left the road. Speakers and various other things ended up spread across multiple yards. My parents put me in a Ford Escort after that one, should have stuck with my ‘79 Blazer I had at 16. This was after multiple run ins with the law over speeding, reckless driving, and various other things I mostly managed to get out of. Teenage males are dumbasses.

Wife and kids are at Disneyland, I’m at the beach with the dog. She did a virtual queue this morning for Spider Man and it had a 360 minute wait. Park opens at 8. She had lunch reservations at 2. She couldn’t figure out why the ride notice came in around the same time as her lunch reservation. Her text was, “The park opened at 8, isn’t 360 minutes 4 hours?” I just shook my head. I don’t think the 2 private school educated daughters could figure it out either.

Fuck Oregon, they had that game wrapped up and got stupid in the last two minutes. Had a significant multi game parlay that came down to the ducks ML and I started celebrating too early apparently.

Mutt is all settled in for his long ass ride to South FL. Just put a deposit down to get him a little brother, same dad / different mom. Not sure where the new one is going to ride since this one has laid claim to the center console and the front seat when it is available. I hope this doesn’t turn out like kids where the second can be a real pain in the ass.

The rich kid vehicle discussions are always entertaining. On a lot of high school campuses now that truck isn’t even noticed. I know multiple kids driving brand new F250’s, 2500 Rams, Cayenne’s, and the list goes on and on of the new vehicles they are rolling up in every day. Mine drives an Escape just for the record. I think judge has this deal right a few pages ago, he was likely looking back at his handiwork when he took out the second group. Kids (and wives for the record) naturally steer to their line of sight so it would be pretty easy to be watching the mirrors to see the reactions behind him and drifting right at the same time. There is no losing control in an F250, there is only being a dumbass and the end result from it.

They will have allowances built into the contract for each of the variables and you just have to keep up with what you are going over on lighting, flooring, etc. At $150 a foot in today’s market you are looking at very basic levels in lighting, floors, closets, counters, etc. I would be a little worried and go ahead and get that detailed breakdown as well as the basic cabinet layouts, shower layouts, etc and see how workable it is and where you need to spend extra. Then don’t get stupid or be prepared to pay for it. We just did a pool and are working on a pool house and master bed/bath addition. My wife went 40% over on the pool without changing the size and she’s blowing the other two by about the same because apparently when she looks at tile, counters, lights, etc she automatically picks the most expensive f-ing option available. I think we’re at $200 a foot just on the pool house.

Finished it tonight, it was a better season than 3 for sure, but it definitely had some odd parts. The dream sequences were just strange.

Got an email from Cadillac on ordering a Blackwing, another new vehicle I’m intrigued by. I’ve been playing with options setups. It’s not going to pull the boat, but I wouldn’t mind something other than a truck some days.

When he came out in the slippers, wasn’t his big toe jacked up? Another solid episode, Rupert is definitely up to something.

I’m not big on the job movement in my industry. Been at the same place since I interned in college and it’s worked out well. I don’t really have people leaving chasing more money, I have people leaving chasing less than 40 hour work weeks for the same or less money. We’ve had potential partners leave and go to nonprofits recently to work 32-36 hours a week for good money because they don’t want to put in the hours any more and the earnings potential wasn’t the driving factor at this point.

Guess it hit too high for the airbags to deploy, because that looks like the airbags should have popped. I’m guessing that’s a total, shit’s expensive right now and there is a whole lot of stuff located in that area that will need replacing.

I don’t know that I have seen many family deals not end up awkward. It is what it is, you have to be comfortable with the deal. Slorch’s post covers it well.

That would be low side, the ones I know are all $200k+ net with some upwards of $300k. One appraiser with the right staff people can turn out a lot of reports. Get commercially certified and it can go up from there although there is a lot more time involved. Most of them also have extensive rental holdings as they have the relationships with the banks and realtors to buy property in the right situations.

I really like the similar one I have. I’m extremely happy with the rubber band which I didn’t think I would be when I first was trying to decide which one to go with. I think I prefer it at this point over the metal band.

Some people actually like to talk through things on here.

No, the PE is trying to hit a certain level of annual contracts to flip their whole package to the next level up PE. This one is way high side of what they have been paying, but they have all been at stupid multiples. They are consolidating operations so they are cutting overhead significantly, but it’s still crazy. It’s also the market that everyone is competing in, there is a lot of cash out there and each PE size in the market is trying to accumulate to flip to the next size up.

There is no way I would spend money on a new appraisal if you already think you are high side. I’m. It sure what another number is going to add to the discussion. He set his side when he ordered an appraisal. If you’re more comfortable at the old number, then just take it. Otherwise, just average them. It sounds like keeping the peace is at least in the relative vicinity of importance as getting market value, so giving any reduction off the higher appraisal should be met with some appreciation. Why did they order the new one? Surely with the current market trends for land, timber, etc. they didn’t expect it to go down in value, so the issue is it just went up more than everyone expected?

They also typically have ownership serving as part of the labor pool. Most professional service firms are shooting for 33% nets. Construction trades are up the last couple of years as well. Subs especially electrical are running in the 20%+ range, concrete guys are killing it, generals are up as well but not like subs, etc. It’s going to be hard to find a business to write a check for that pays the bills. Most, outside of retail type operations, are relying on industry relationships/experience and that’s typically what you are paying for. The best bet is generally to take something you are good at and start growing it. There also isn’t a lot for sale right now. I get information from all the regional brokers and they are all soliciting companies right now because they don’t have much. What is for sale that’s worth something is getting bought up by PE groups and stupid multiples. We’re working on a deal now for a pest control company that will end up trading at 3x gross sales and about 20x EBITDA.