Comments by sbmomandpop
Posted on June 16 at 4:43 p.m.
Just to clarify: A triple net (NNN) lease is where the tenant pays a base rent PLUS their share (based in relative square footage) of the property taxes, property insurance, and other operating expenses. When the rent is quoted it is net of these three expenses-hence the term triple net.
Opening a retail store is a big commitment. Getting a space ready to open takes a lot of time and money. Architects, designers, contractors...The City needs plans, permits, inspections, business licenses, hiring staff, obtaining insurance etc. It can easily cost $50-$100 per square foot to build out a retail location. Retailers are hesitant to risk a lot of capital right now and cover the improvement costs on their own. For the same reasons, landlords are hesitant to cover these costs in fear of the tenant closing shop in six months and never getting repaid via long term rental income. Only the heavily funded national retailers can afford to play the game right now. Kudos to the few locals that have made it work lately. The good citizens of SB should do what they can to support you.
Posted on June 9 at 11:38 a.m.
Back when we owned a retail business down town, Myron would constantly ask for $5 for a bus ticket because he lost his wallet and so he could "get back home". The first time I actually gave him some money. Then the next time he asked, I politely said "no", logging in my head that it was the same guy. The next three or four times I became increasingly frustrated. I thought-doesn't he realize he's given me the same BS story before? He would camp out in the Victoria Court parking lot and barrage people coming and going in front of our store. I finally told him that if he ever spoke to me again I'd immediately call the police. Maybe he finally gave up on dreams of a bus ticket and decided rather on a crack-fueled bike ride "back home"...sadly he only made it as far as San Pascual St.
Myron is not a victim of the war on drugs. He is a victim of his own decision to use drugs. I do feel sad for him.
On Bicyclist Chokes on Bag of Crack; Parolee Eludes Officers
Posted on April 18 at 10:29 a.m.
My wife and I started using Local Harvest Delivery and we love it. If more people did the same around the country it would make a difference.
Posted on April 14 at 11:37 a.m.
If "we're not that special" then what's the big deal with impersonating? Sounds like Dudley thinks all men are interchangeable, which severely undermines her legal position.
Posted on April 11 at 4:28 p.m.
EZK-Sorry, I meant Income Taxes, not payroll taxes. I'm in the 25% federal income bracket. I do usually get a return because a lot of my income is commission, which the Govt. taxes at 46% up front. Nice.
SezMe-Point taken on the Estate Tax...but maybe you can concede my point on the other taxes?
If the Govt. was an efficient and responsible entity with measurable standards and reportable results that was truly accountable to the populace, I'd be happy to give them my money. Sadly, that is not the case.
Posted on April 8 at 4:02 p.m.
I'm dumbfounded when I see "articles" like this. Is Mrs. Parry not paying any taxes now? Do you own a home? Then you pay property taxes. Do you ever shop? Then you pay sales taxes. Do you buy gas? Then you pay taxes that are supposed to go towards fixing the roads. Do you have a job that pays you? Then you pay state and federal income taxes. Have you ever cashed out an investment? Then possibly you paid capital gains taxes. When you die you will probably pay estate taxes. If someone who loves you dies and gives you money, then you will probably pay an inheritance tax.
I agree we need to close the corporate tax loop holes. Beyond that, we do not have a undertaxed population. We have a massive overspending problem.
Mrs. Parry-I'll make you a deal: If you want your taxes raised, you can pay my tax burden for the next year. I'm looking at today's paycheck stub and so far I've paid $7,542 in payroll taxes this year. Where do I send the bill?
Posted on April 7 at 2 p.m.
Continually closing the beaches due to the potential of a gathering of like-minded beach goers is overstepping. SB County Parks needs to treat this like any other busy day at the beach. Millions of people speed on the 101 everyday. Does that mean we should close the highway? No, you police it, site offenders and move on.
Posted on March 23 at 8:51 a.m.
As a former (reformed) property manager, this sounds like either an inside job or a scam run by a locksmith. A lot of landlords have stopped keeping tenant keys for this very reason. No keys, no potential liability. It sounds like St. George wouldn't respond to emergencies anyway, so why have the keys?
Posted on March 16 at 11:36 a.m.
I'll apologize for my flippant remark earlier. I'm not a developer. My wife and I owned a small business downtown for several years. The only piece of real property I've owned is my current condo. That said, I will always defend the personal property rights of developers so long as they operate within the confines of the laws on the books at the time their projects are submitted for approval. If the general population does not like the resulting buildings, then they can use their votes to change the laws (building height limits) or vote for local politicians with views more closely aligned with their own. As for Chapala One, if the market didn't tank and the condos all sold for listing price, I'd wager this suit would not have been filed. But when proformas aren't met, tough questions get asked and someone has to answer. The truth usually lies somewhere in the middle. Melchiori should have kept better records per the contract and the developer shouldn't have been able to demand changes on a whim. The attorneys win. Life carries on. I attended the City's community meeting regarding the Chapala corridor redevelopment guidelines several years ago and this Chapala One project fits their guidelines perfectly. If people don't like it, they can only blame their own inaction...the plans are available to the general public. The bottom line is that democracy works but it takes people being involved. I’ll leave on this point: If anyone thinks a govt. agency could put developer’s funds to better use, just remember it cost the City of SB $440,000 to build two restrooms next to Borders. The Chapala One project has 43 condos and I’m guessing each condo has two bathrooms. If the City was running the Chapala One project, they would have only completed the restrooms and nothing else for the initial estimate of $18 Million!
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Posted on June 20 at 8:06 a.m.
Did I follow this correctly that the criminal is one of the kids that was locked in the cage by the crazy mom several years back or did I miss something?
On Anthony Vasquez Sentenced for Sexual Assault in Elevator