All Forum Posts by: Sam B.

@Steve Morris

Thanks Steve. I’ve been wondering if I should send direct mail to source deals for myself, but sounds like it’s not going to be very easy. Maybe I’ll target smaller out of favor asset classes.

@Steve Morris

Thanks. I get that the average investor is more sophisticated, but aren’t there a lot of experiences where say the owner dies and leaves the property to kids who aren’t sophisticated?

I get that for properties >2mn or so they will hire a broker. But small properties maybe not.

@Umair Khan

I’ve always wondered why there isn’t much commercial property wholesaling. Curious to hear what people think

@Michael G.

Have you asked if they want to negotiate a buyout?

@Aurelien Bonin

So tenant vacated 3 weeks ago. I got a buyout offer from them and negotiated for the best offer, got 95% of remaining term as a buyout lump sum cash. I hired the best leasing broker in the area and have 3 LOIs of which I agreed to one of them. Let’s see what happens but it’s working out so far, fingers crossed...

@Prithvi Sri

I recently bought a 14 cap with a national tenant with two years left on the lease. The cap is sometimes relevant sometimes not with short duration. In my purchase it wasn’t relevant. The other thing you need to ask is what will the property be worth with the tenant gone?

To refi a property like this you’ll need a solid balance sheet and offer a personal guarantee is my guess, unless the ltv is super low. Happy to discuss over phone if interested. DM me for details

@Prithvi Sri

With only 5 years left, I hope you are getting a good deal. Lot of risk with that short a term

@Ekamjot Singh. Nope.

@Michael Sabosky

If you’re willing to spend money, I would suggest Manny Khoshbin’s Mentorship Group. I do it and he shows you the path. He appreciates hungry guys like you and I.

@Christian Ferreira

Happy to walk through the deal with you if interested. I own one retail/office center. DM me