Replies to post #48129 on Bangi Inc (BNGI)

[Smilin_B]

I sincerely am not privy to the actual balance sheet mathematics of any of their sale-leaseback property revenues

[Smilin_B]

Why would $1,000 a month be an "at best" figure?

lol

[Smilin_B]

A 1 bedrom 550sq ft condo leases for more than $1,000/mo

Where are u getting your figures from, 1940 ?

[Welcome2Pinkyland]

Mj real estate lease back model seem profitable for IIRP (.99 EPS) - the company is employing the buy the mj property and lease it back. Innovative Industrial Properties (IIPR), listed New York. Since going public, the stock has appreciated roughly seven times since 2017
https://finance.yahoo.com/quote/IIPR/

$BNGI

[Welcome2Pinkyland]

$10k a month is a big whoop, butt according to the below your #’s are not correct. 10 properties x $1.3m a year revenue is $13m. @ 20% net that would = $217k a month profit- nott $10k

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148227017

$BNGI