I want more stuff like this. I always find it most interesting part of wanshow, when Linus talk how business side of things work. And not only ltt, it's interesting how this stuff works for others too, for example when he talked about how stores with tech products, how returns are managed, how you have to sell "not so good" products to have manufacturer send you the good ones. Or problems that framework had, when they had successful product, but needed the money to buy another big batch from manufacturer(I may forgot the details). It's the kind of things that aren't secret, but most people don't know. And yet they explain a lot how world works, and why we sometimes see companies do things that don't make any sense for us, but behind the curtains, they are obvious choices.
I agree, I also like the "How I Built This" podcast because you've got people who had to learn about all this telling you about it and what it was like
Yeah I totally agree! These are the best parts of the wan show! I'm always hooked to my screen when something like this shows up. I REALLY LOVE IT ❤️❤️❤️
I love moving vlog. The og moving vlog specifically because of the no filter jokes. Would be great to have a series like that again, with all the antics
Plenty of parking. High ceilings. More options for off site food close by. Leasable for complimentary businesses. Typically closer to where people live than industrial with better transit & non car mobility options.
Moving Vlogs 2.0 would be SOOOO much content. V1 was what like 12 employees? Now they have over 100! And multiple business ventures under the umbrella. So much content!! 🙏🏻
In the UK their solution is to install Aircon for the mezzanine offices that pump the hot air directly in to the warehouse in the summer and cold air in the winter 😂
"interest rates have been high.....for a long while" is the scariest sentence ever. We had historically low rates, then they went to average, which is where we are now. As someone Linus's age, we've never seen "high rates."
The thing is that those who have seen high rates had the advantage of low prices (relative to income levels). I think here in the UK we've gone from an average house being 3x average household income in the 80s to over 7x now. If rates ever got back up over 10% there'd be an absolute collapse of the housing/mortgage market and people will have their life savings/property investments wiped out.
the worst part about people buying farm land with no intentions of farming is that they get pissed when someone wants to try to farm on neighbouring farmland
[Backstory], the building is on a corner lot, on a decently main road, half a mile or so from a highway on/offramp, right by a voraciously growing university, 10-20 minutes drive to either downtown of our two biggest cities... AND it's zoned mixed commercial/residential in a heavily residential area. The lot isn't huge, and frankly the building is ancient and tiny. Still, constantly get cold calls looking to purchase. Good zoning in a good location makes even pretty terrible properties enticing.
Yep. Department-sized buildings co-located in a massive common area. Companies like Google and Apple do have their mega buildings, but even with those in play now, a lot of their offices are still organized as campuses.
In the South East of England, an acre of farmland costs about £14,000. An acre of land that you could build houses on costs about £30,000,000. The shopping centre that is for sale, I'm guessing you are buying the tenants along with the building. A pension or investment fund would buy that as an income stream.
A good step 1 is to plot all your employees addresses on a map and overlay the major highways and transit routes and see what would be the ideal location and work out from there
My question for that country club is what is that golf course built on? Cause it's often old land fills or quarries. And for that reason, the zoning is probably pretty rigid. If it's not commercially viable as a golf course anymore, it's likely destined for abandonment
I work for a real estate board/listing service. Software vendors in this industry are pretty much universally terrible to work with and charge exorbitant amounts of money for what's usually just the same stuff any other business would use, but with a real estate flavour to it.
It's crazy watching Linus, as an employer, take his employee locations into consideration. As someone who works in Sydney, my commute is three hours in and three hours back every day.
In regards to parking, I don’t get why more businesses don’t do garage parking. I go to SLC for comic con and an Airbnb I stayed in, and the mall, all had underground parking and it’s nice! There’s no ugly parking lots, you have TONS of space because it’s underneath an entire building… yeah. Dx
THE ONLY OPTION: Custom multi-story all inclusive headquarters with a CENTRAL parking structure and roof top garden. Anything less is a waste of time and money lol
10:00 Looking up Newlands Golf & Country Club online, it looks like it may have been established in 1948, and depending on how much money they put into their club to keep it up to date - which doesn't seem like very much, at least not in the furniture department, - there may be a ton of money that has to be put in to fix the club up to a proper modern operating standard. Furniture alone would be expensive to replace with newer more modern-looking furniture, and if the kitchen has to be made more modern, too, then that's definitely going to be expensive.
More of these videos, theyre so fun to listen to and I get to learn something whether it be new terminology or just a random fact. I also like all the moving vlogs those were fun or the house renovation upgrade stuff, except the ones with linus's kids in it, honestly the videos become less fun with them
Clearly the solution is a new building with limited parking and operate the LTTB - Linus Tech Tips Bus! Then for added revenue, open the bus routes to the public and publish your schedules, then to improve efficiency on the most used lines, you can attach trailers to the buses, and to help guide the multiple trailers put some guideways in, but now you can further improve efficiency by removing the inefficient rubber/road adhesion and switch to steel on steel and oh crap we just reinvented passenger rail services
The new magnitude of heatwaves is also increasing the ACs installed over here in Europe. Damn, even have to get one for my own house, otherwise sleeping during night is barely possible
I believe that there is also pressure from the Chinese Government for Chineses citizens who own foreign property to start paying large sums to tax back to China. So this might be an added factor for a very few to be selling to move the money into somewhere it’s less traceable?
Yep, that makes sense. Chinese businessmen used to go on shopping sprees in Europe and North America in order to hide their money from the Chinese state. In recent years, the Communist party has been cracking down on these loopholes, so many are now forced to sell the random land bank assets they bought overseas.
It seems the cheapest and optimal solution is to approach that guy who doesn't want to sell and offer 2x or 3x market price. It seems it would be worth to you considering investment up to date,location etc. He would be selling then.
Why not buy into the Investment Opportunity... I for one am ready for the Linus Property Tycoon channel! And as we already established at the start, commercial leases area good deal for the landlord!
you don't hve to get bigger and keep growing, you can still enjoy what you have build and stabilize your team-size, despite the issue with traffic and space limitation, cause you spend lot of time and energy to move in and make theses office yours.
If you have more warehouse space then you need and a ramp for a forklift to go in and out you have place for a car for employees to go in and out with their vehicles
My advice is if you're looking for the perfect building and lot it will never come when you need or want it. A car carousel is probably cheaper than digging or roof parking.
What's the bet that those farms being referred to are a combination of farmers exiting the industry, waiting for price growth for it to be worth it, ceasing if small scale farming due to overregulation and lack of people wanting to do sharefarming across multiple properties. oh, and rich people who just don't want to live with the city plebs.
![SAFEPLANET - ดาวเคราะห์ [ THE PLANET ]](http://i.ytimg.com/vi/4X1XL3I_k3c/mqdefault.jpg)
I want more stuff like this.
I always find it most interesting part of wanshow, when Linus talk how business side of things work. And not only ltt, it's interesting how this stuff works for others too, for example when he talked about how stores with tech products, how returns are managed, how you have to sell "not so good" products to have manufacturer send you the good ones.
Or problems that framework had, when they had successful product, but needed the money to buy another big batch from manufacturer(I may forgot the details).
It's the kind of things that aren't secret, but most people don't know. And yet they explain a lot how world works, and why we sometimes see companies do things that don't make any sense for us, but behind the curtains, they are obvious choices.
Yep! Thanks, capitalism!
I agree, I also like the "How I Built This" podcast because you've got people who had to learn about all this telling you about it and what it was like
Yeah I totally agree! These are the best parts of the wan show! I'm always hooked to my screen when something like this shows up. I REALLY LOVE IT ❤️❤️❤️
Very much agree
found myself listening to the entire thing for some reason as well
I love moving vlog. The og moving vlog specifically because of the no filter jokes. Would be great to have a series like that again, with all the antics
OG moving vlog is one of my favourites because it's just unscripted shenanigans. I imagine it was a bitch to edit though.
Buy the mall and start LinusTown 😊
Company town!!!
Plenty of parking. High ceilings. More options for off site food close by. Leasable for complimentary businesses. Typically closer to where people live than industrial with better transit & non car mobility options.
The Abandoned mall has 600 underground parking spaces.........
You could turn the 500 spots you don't need into parking lots!
@unrealed long term vehicle storage is expensive. People would pay a lot. Or even cage in two lots and rent out bigger spots for luxury storage.
@@unrealed Or employees can live in vans in the parking spaces when they can't afford normal rent!
Honestly it would be fucking sick if they decided to buy that rundown mall, would cost a stupid amount though
@@termiterasinwith the way bc rent prices are, they should take it 😂
15:48 "It's not lying, it's commercial real estate"
8,000 sq ft is almost 16,000 sq ft.
Love the Louis Rossmann reference
It's because the king of New York used to have really long feet. So 8000ft is actually 16000ft everywhere else.
Damn do I miss those seasons of Rossmann Reality
Moving Vlogs 2.0 would be SOOOO much content. V1 was what like 12 employees? Now they have over 100! And multiple business ventures under the umbrella. So much content!! 🙏🏻
I'm shocked how entertaining this is
Listening to Linus talking about office location and factoring in worker commutes and housing is just amazing.
God damn I hate my company
I don't know why I'm watching this. I don't care about Commercial real Estate in Vancouver. I live in Italy. I shouldn't care. BUT IT'S INTERESTING.
Sittin here on the shitter at work in germany thinking the same.
You should watch Louis Rossmann's New York real estate series. More people tuned in to watch his real estate series than his tech repair services.
@@Locutus damn that's a great idea. I know what I'm gonna do all night today
@@fatjon.zefi_musicthat was a sentence. "All night today" lol
Im sitting in lecture in uni in latvia…
Missed an opportunity of "Floatplane, not floodplain" around the 35:00 mark.
They’re slowly preparing us for Linus Town
I'm drawing parallels to the Alphabet - Google situation, where they turned a mega-corp into a culture big enough to warrant a "town".
I wonder which will happen first - LTT Town or Critical Role land? xD
its a write off, its a scam. the video is 42 min not 41.
It's 46 minutes
Nah shit is inflated
46 min
Tax write off. That means the Government paid Linus money.
There's a bubble! Trust me
It's even better cause the video is really 46. So this comment goes to the top is way funnier now.
Here in Quebec their solution to hot warehouses is giving the workers popicles... so AC I think is a better option long term haha
In the UK their solution is to install Aircon for the mezzanine offices that pump the hot air directly in to the warehouse in the summer and cold air in the winter 😂
As someone currently looking for a suitable space to build a small-medium size recording studio, I feel this! Hard!!!
"interest rates have been high.....for a long while" is the scariest sentence ever. We had historically low rates, then they went to average, which is where we are now. As someone Linus's age, we've never seen "high rates."
The thing is that those who have seen high rates had the advantage of low prices (relative to income levels). I think here in the UK we've gone from an average house being 3x average household income in the 80s to over 7x now.
If rates ever got back up over 10% there'd be an absolute collapse of the housing/mortgage market and people will have their life savings/property investments wiped out.
it's highly unlikely but possible to see rates go up like they were 40 years ago
high is a relative concept. because we never had "high", what we known as high is the high...
@@twistedtxb we spent the 2000s between 6 and 8 percent. That's not that long ago.
@@nonothing9685 I'm talking 18% interest rates. the late 70s were crazy times
the worst part about people buying farm land with no intentions of farming is that they get pissed when someone wants to try to farm on neighbouring farmland
[Backstory], the building is on a corner lot, on a decently main road, half a mile or so from a highway on/offramp, right by a voraciously growing university, 10-20 minutes drive to either downtown of our two biggest cities...
AND it's zoned mixed commercial/residential in a heavily residential area.
The lot isn't huge, and frankly the building is ancient and tiny. Still, constantly get cold calls looking to purchase.
Good zoning in a good location makes even pretty terrible properties enticing.
another Linus -Town- -Farm- Building Tips video is exactly what i needed
You don't need a warehouse. You need a campus.
What is a campus but a warehouse that isn’t entirely roofed?
Yep. Department-sized buildings co-located in a massive common area. Companies like Google and Apple do have their mega buildings, but even with those in play now, a lot of their offices are still organized as campuses.
Linus Commercial Real Estate Tips. Rolls off the tongue!
"Luke thought this was the headline topic"
Proceeds to talk about it for a quarter of a WAN show... xdd
I was so into this segment when it aired, I started talking to my mum about it.
It was honestly very engaging. Catching it live was so good
This was really great to watch. Long talks are great almost regardless of the topic with these guys
In the South East of England, an acre of farmland costs about £14,000. An acre of land that you could build houses on costs about £30,000,000.
The shopping centre that is for sale, I'm guessing you are buying the tenants along with the building. A pension or investment fund would buy that as an income stream.
That shopping centre is essentially abandoned. It never had a single customer or shop.
If you want a lot more of this discussion I recommend Louis Rossman videos from around 5 years ago
A good step 1 is to plot all your employees addresses on a map and overlay the major highways and transit routes and see what would be the ideal location and work out from there
If the recent atmospheric river and flood has showed us, it's to not move to a shallow part of land or an area that is shaped naturally like a bowl.
LTT Realty website we need that now 😂
My question for that country club is what is that golf course built on? Cause it's often old land fills or quarries. And for that reason, the zoning is probably pretty rigid. If it's not commercially viable as a golf course anymore, it's likely destined for abandonment
Moving vlogs from 8/9 years ago were the best
Never lose a golf ball again with full course shot tracking.
We’re LMG guys, of course we commercial real estate
I find all of this extremely interesting. I'll never be able to experience this so it's fun to live vicariously through Linus.
I work for a real estate board/listing service. Software vendors in this industry are pretty much universally terrible to work with and charge exorbitant amounts of money for what's usually just the same stuff any other business would use, but with a real estate flavour to it.
LTT rideshare with self driving cars to the LTT Twin Towers with 7 parking spaces at the Golf Course and Mall town when?
It's crazy watching Linus, as an employer, take his employee locations into consideration. As someone who works in Sydney, my commute is three hours in and three hours back every day.
Hearing how brutal commercial leases can be, it makes me happy knowing that home working in some areas has buggered over some landlords.
Linus, if you middle-click (scroll button click) on a hyperlink, you open that link in a new tab. You don't need to right-click and left-click
5:28 sounds like the opposite of Brazil, where winter seems to last about a week or two and then it gets hot again lol
In regards to parking, I don’t get why more businesses don’t do garage parking. I go to SLC for comic con and an Airbnb I stayed in, and the mall, all had underground parking and it’s nice! There’s no ugly parking lots, you have TONS of space because it’s underneath an entire building… yeah. Dx
Costs
Money. That’s it. Land value tax would solve this.
might be my new favourite WAN show segment
What an honest title.
No it was 42 mins of rela estate talk not 41
THE ONLY OPTION: Custom multi-story all inclusive headquarters with a CENTRAL parking structure and roof top garden.
Anything less is a waste of time and money lol
Linus/LMG should get into Commercial Real Estate and then build the LMG Campus (Built to suit) from the triple net leases. Seems legit. lol
39:33 Yeah, that should be no problem, 3 plus 5 equals 6, we'll get it done all quick-like! :D
10:00 Looking up Newlands Golf & Country Club online, it looks like it may have been established in 1948, and depending on how much money they put into their club to keep it up to date - which doesn't seem like very much, at least not in the furniture department, - there may be a ton of money that has to be put in to fix the club up to a proper modern operating standard. Furniture alone would be expensive to replace with newer more modern-looking furniture, and if the kitchen has to be made more modern, too, then that's definitely going to be expensive.
I wonder how different commercial real estate stuff is in the US compared to Canada?
Never have i've been so attracted to luke than in this rant
There needs to be a Linus Cart between the current LMG buildings so that you can avoid moving
More of these videos, theyre so fun to listen to and I get to learn something whether it be new terminology or just a random fact. I also like all the moving vlogs those were fun or the house renovation upgrade stuff, except the ones with linus's kids in it, honestly the videos become less fun with them
Literally 1 minute in and the entire minute has been gold already.
I love at the 35 minute mark 2 tech guys trying to understand grain and hay farming.
build a 12 story building and rent out the floors you dont need
Clearly the solution is a new building with limited parking and operate the LTTB - Linus Tech Tips Bus!
Then for added revenue, open the bus routes to the public and publish your schedules, then to improve efficiency on the most used lines, you can attach trailers to the buses, and to help guide the multiple trailers put some guideways in, but now you can further improve efficiency by removing the inefficient rubber/road adhesion and switch to steel on steel and oh crap we just reinvented passenger rail services
The new magnitude of heatwaves is also increasing the ACs installed over here in Europe. Damn, even have to get one for my own house, otherwise sleeping during night is barely possible
I believe that there is also pressure from the Chinese Government for Chineses citizens who own foreign property to start paying large sums to tax back to China. So this might be an added factor for a very few to be selling to move the money into somewhere it’s less traceable?
Yep, that makes sense. Chinese businessmen used to go on shopping sprees in Europe and North America in order to hide their money from the Chinese state. In recent years, the Communist party has been cracking down on these loopholes, so many are now forced to sell the random land bank assets they bought overseas.
I thoroughøy enjoyed this segment
I am in Australia, why I am listening real estate topics in other country?
It seems the cheapest and optimal solution is to approach that guy who doesn't want to sell and offer 2x or 3x market price. It seems it would be worth to you considering investment up to date,location etc. He would be selling then.
Why not buy into the Investment Opportunity... I for one am ready for the Linus Property Tycoon channel!
And as we already established at the start, commercial leases area good deal for the landlord!
Tired: Linustown
Wired: Linus Golf and Country Club
Why _don't_ you make realtor software, to fund a new bigger building? Edit: I mean actually building the building yourself.
Motocompo all the employees, LETS GO, honda kei cars for all
Go for the mall and have some of the rest as rental studios? Electro Boom And LRR?
Now I am starting to think land value tax makes since. All this land not being used just holding to keep value instead of doing something.
you don't hve to get bigger and keep growing, you can still enjoy what you have build and stabilize your team-size, despite the issue with traffic and space limitation, cause you spend lot of time and energy to move in and make theses office yours.
Make this an HGTV show
My city (a town of 7,000) bought a country club for $600k USD and annexed it. 😂
oh man, just buy the city block that is roting in Surrey since the 90s ...and watercool it
If you have more warehouse space then you need and a ramp for a forklift to go in and out you have place for a car for employees to go in and out with their vehicles
That was so cool, how was that possible. I loved that. :))
Just buy the building with low parking and pay someone to build a multi-story car park in place of the surface parking
i just want to officially vote that LMG just buys a ton of random buildings, and then operates a shuttle service between them.
hahaha Luke and the Letter Kenny "to be fair" reference made me say it out loud.
40:34 Linus is a man of culture. Love the Papa roach quote there
This video is a doom scroller's nightmare. 😂
Watching this video feels a lot like buying some property in GTA 5 thats so expensive in real world money xD
Please move into the golf course
Guys, I work for a design-build general contractor, what you are looking for is literally why they exist
If you ever decide to build your own building, build some extra room that you can rent out to other companies that will help foot the bill.
Why use more land? just build taller! #LinusTowerTips
I know this vacant place in new york it's quite big and has space for 2 tall buildings
My advice is if you're looking for the perfect building and lot it will never come when you need or want it. A car carousel is probably cheaper than digging or roof parking.
Louis Rossmann be like "You new here?"
Do more vlogs of every day stuff like moving stuff, implementing the space, etc
Put this 2 story parking things that lift one of the car so you can put a second one on the same spot?
In northern Italy nearly every new residential building must have underground parking.
welcome to the new channel: linus financial tips 😂😂😂
Linus Realtor Tips are my favorite tips
Y’all should do a Collab with R&R buildings. He could throw you up 50,000 square-foot in six months.
Ltt park and ride train. Linus Train Transit
I'm just here to say I already watched this, but if I hadn't I would definitely have clicked and watched it immediately.
Luke has too much fun going: "what if you made terrible business decisions, as a joke"
Surely the building channel shouldn't be called LBT but Buildings w. Linus Tips, and thus BLT
Dan had to ding his own thing.
In morocco underground parking is verry popular
What's the bet that those farms being referred to are a combination of farmers exiting the industry, waiting for price growth for it to be worth it, ceasing if small scale farming due to overregulation and lack of people wanting to do sharefarming across multiple properties. oh, and rich people who just don't want to live with the city plebs.
45min clip. Nice
There going to end up like every vancouveriete and complain about real estate for five years before moving to Calgary
Land value tax would solve that
Lol it's the Albertans who are moving here!
Them and everybody else. Calgary has a lot going for it though, true.
40:35 Linus a bit of a Papa Roach fan there
«Clips» Are now an hour long. Might as well just upload the whole stream soon