Yeah or what’s realistic, really. Ideally, I could hit a 100% cap rate 😂 but realistically, I know I can hit a 12% cap rate or better. So it’s really what’s worth your time to focus in
Good question - it gives you the price per square foot you need in order to achieve a 10% cap rate upon completion. I don’t look at anything under a 10% cap rate if I’m doing value-add, but you may be comfortable with different numbers.
Download my deal analysis toolkit: www.tylercauble.com/deal-analysis-toolkit
Great breakdown of the commercial property buying process!
West coast friendly stream, can’t wait!
Let's gooooooo
Thank you for doing this. All this information is so very useful. And thanks for the QR code😊
great advice to commit and consistency. I say to underwrite a deal a day too. IOS is hot hot hot! I love mine
Could you do a video. On how to find business to lease. Like you did with the retail center.
Yep! I did do one:
th-cam.com/video/klamn9zxWSE/w-d-xo.htmlsi=ta4hCqGftH-phlqP
@TylerCauble great thanks!
When it comes to cap rates, are you just picking what you would want?
Yeah or what’s realistic, really. Ideally, I could hit a 100% cap rate 😂 but realistically, I know I can hit a 12% cap rate or better. So it’s really what’s worth your time to focus in
19:14 What’s the absolute minimum due diligence period recommended for a rookie in commercial?
I recommend 60 days. That gives all of your vendors and your lender enough time to knock out what they need
10:43 why is 10% the factor used to calculate the needed $psf NNN rate?
Good question - it gives you the price per square foot you need in order to achieve a 10% cap rate upon completion. I don’t look at anything under a 10% cap rate if I’m doing value-add, but you may be comfortable with different numbers.