They see you're not an easy mark, and they go on their way looking for some hobbyist landlord or small-time mom-n-pop landlord.

One lowball transaction will not affect the neighborhood much, appraisers are pretty used to seeing them pop up and can adjust for them.

I have some long computes so I pop in a business related audio book or Pat Flynn - Smart Passive Income.Thanks for your list of podcasts - I'll check them out.

You also might want to get an attorney involved quickly to prevent any more surprises from popping up.

However, if you Google Richmond REIA the page will pop up.

Sounds like you already closed, so for the next time you should have an estoppel certificate completed by each of the existing tenants; with that, you can establish conditions of the premises at move-in (along with lots of other things) - especially important if the seller does not have such records (hobbyist landlords and mom-n-pop landlords don't always use good paperwork and practices).Now, what do you do in your present situation?

It seems like every time I look up, there's a new "commercial lending" or "commercial funding" company that has popped up across my networks.The individuals offering these commercial loans are always offering somewhere between $1/2 million and sometimes even $1 billion in loans.

It's difficult to read the situation because rates are in uncharted territory so it is interesting to see the PE & Hedge funds chasing yields.If rates pop up, congress talks about reinstating mark to market, or any number of things occur things will become interesting again.I am in the camp that we are in a "oddly tight" market right now with all signs of bubble "cant lose" mentality - that being said it could go either way depending on Govt policies and bank/gse behavior.I think Tom Juhn that if it does not feel right, exercise extreme caution.

Just a cautionary tale to help you understand some of the frustrations that could pop up with escrow.

Yes when the bubble popped we go hit hard.