Under contract on a 30,000 square foot former grocery anchor in a tired strip center, small city, $1.1M. Building is single story, 1987, steel frame, clear span, 22 foot bays. Pla…
I have one rental closing soon and I have been reading way outside my level, which is probably the problem. What I picked up: there's a huge glut of old office buildings, some are…
First time reading a commercial purchase agreement rather than a residential one, and it's a different animal. This is on a small industrial flex building, 14,000 feet, two tenant…
I've been reading commercial assignment agreements lately, mostly because the paperwork holds my attention better than the buildings do. On residential everything I see is a flat…
Small one, 1.1 acre infill lot in a first ring suburb, zoning already allowed 12 units by right. I paid $310k, closed with a 21 day due diligence window because there were two oth…
I've been underwriting a 7-unit retail strip, about 11,000 sf, seller wants $2.1M. His marketing sheet shows an 8.2 cap but that's proforma with the two vacant bays filled at aski…
14,000 sf flex building, four tenants, seller's rent roll showed $118k NOI. He wanted $1.35M, call it an 8.7 going in. I got it at $1.31M with a 20 day inspection and $5k that wen…
Something I can't resolve from the outside, and the broker owners I've asked give confident answers in opposite directions. If you're standing up a ten agent shop today, you're pi…
Ground up, 41 units, designated tract, funded through a single asset qualified opportunity fund with four investors including me. We used the working capital safe harbor because t…
This is the question I get asked most by people who've never built improvements before, and the answers I hear from experienced developers split about evenly, so I'll put it to th…
I've been collecting consent-to-dual-agency and designated agency forms from brokerages in two states and reading them against each other, because the marketing language around de…
I manage about 60 single family doors. One of my owner clients stopped paying the mortgage on a rental I collect rent for, which I found out about when the notice of default hit t…
A purchase agreement someone shared for a pre-foreclosure buy has been sitting on my desk, and I've read enough paperwork to know when something snags. It has the buyer selecting…
The listing agreement on this one was 5% and the agent already had me walking the building before it hit the wire, so she wanted dual agency from the first showing. I said yes, wi…
California's Assembly Bill 1850 was introduced in February 2026 to define wholesaling and require a license for it. As of mid 2026 it hadn't cleared committee, so this isn't law a…
Property taxes nationally are pushing toward $400 billion and homeowner costs keep climbing, insurance especially. That should mean more delinquent parcels and a bigger sale list…
I got my license seven weeks ago and I have no listings, no buyers, and no idea what I'm doing at the top of the market. What I did have was a Tuesday free, so when an agent in my…
Two operators I trust do this opposite ways and both close consistently, so I want to see where this room lands. One of them tells the seller the number. Signs the contract, then…
Underwriting is where I spend my time and I'm looking at this from the outside, so push back. The pitch on reverse wholesaling is that you sign up the cash buyer first, get their…
I do paper more than properties, and an operator I have worked with twice asked me to build the package on a distressed estate, 7,100 square feet, deceased owner, three siblings s…