Posted On: 03/02/2014 3:22:12 PM
Post# of 2245
Re: seanmurphymusic #282
i see two ways, at the minimum, that Mr. ronchetti will be very valuable:
1. As a lender, he has to underwrite all loans to make sure the properties are feasible and will generate enough income to pay back the loan. Since PRPM will have a $5 million fund, i expect Mr. Ronchetti to assist in the underwriting of acquisitions and investments. You can't just go around writing checks investing in other companies. Someone has to be responsible for making sure the investments will pay off in the long run.
2. PRPM obviously has a few stores that are expected to open in the next few months. As a mortgage broker, I assume he has experience with commercial properties and structuring of leases. As a result, he can be a valuable asset in opening up our first stores.
1. As a lender, he has to underwrite all loans to make sure the properties are feasible and will generate enough income to pay back the loan. Since PRPM will have a $5 million fund, i expect Mr. Ronchetti to assist in the underwriting of acquisitions and investments. You can't just go around writing checks investing in other companies. Someone has to be responsible for making sure the investments will pay off in the long run.
2. PRPM obviously has a few stores that are expected to open in the next few months. As a mortgage broker, I assume he has experience with commercial properties and structuring of leases. As a result, he can be a valuable asset in opening up our first stores.
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