Making an offer on another small bay property this week using seller financing. I’ll post my underwriting below on what the offer looks like: Property Details: 1,250 sq.ft .21 acre fenced lay down yard (Previous tenant upgraded exterior security lighting he plans to leave, as well as repaint interior) Purchase Price: $65,000 Downpayment: $40,000 Interest: 5% Terms: $400/mo - 5 year balloon At $1,200/mo rent I’m projecting this as my return: -18.0% initial cash-on-cash -24.0% modeled 5-year pre-tax IRR This will be a solid addition to the portfolio if they accept these terms🤞🏼

Found this deal where the owner is looking to get $65k for his 1,008sqft warehouse that’s cinderblock construction Due to a lack of marketing the property has been on market for 31 days with no activity so I’m proposing the Seller finance a portion of the property to get closer to his desired price. I’m confident I can get $900-$950/mo so this is the offer I sent: -$50k purchase -$20k down -Owner finance $30k at 6% with 36 month balloon -No prepayment penalty and I pay $300/mo If he accepts I’ll only need around $5k worth of rehab (mostly paint) and I should hit around 22% cash on cash return🔥 $950 - $300 (payment) - $200 (taxes/insurance) $450 net/mo (21.6% cash on cash)

Anyone selling bonus depreciation to investors as part of their strategy? Here is an example of a small deal that I closed in April. Deal: 14,000 PEMB Purchase Price: $910,000 Equity Invested: $240,000 1st year depreciation: $175,807 -> see attached schedule from a Cost Seg Study That is a $161,350 difference in year one over the standard depreciation schedule. I know not everyone can benefit from the bonus depreciation, but it meaningfully impacts the IRR for me if I include the value of the tax deduction. Love to get your thoughts and insights.

Sharing one with the group before it goes public next week. It's a little outside the usual small-bay industrial box, so I'll be straight about it: it's zoned Commercial Shopping, not industrial. But it's a clean 2014 metal flex building, fully leased on NNN, with an adjacent 1.15-acre lot included, sitting in one of the faster-growing pockets of the Tulsa metro. Why I think it's worth a look even if industrial is your usual lane: - 2014 metal construction, about 19,000 SF, 100% leased and producing income - True NNN, so expenses pass through to the tenants - Anchor tenant locked through 2032 with built-in annual bumps - The extra 1.15 acres next door gives you room to expand or build Full OM attached! If this is something you'd take a look at, or you know someone who would, drop a comment or shoot me a message and I'll get you what you need.

Is anyone utilizing AI to analyze deals? I built an acquisitions analyst in Claude to help screen and score deals. I find it extremely accurate and saves me a ton of time. He scores - Pass, Watch, or Go, with a detailed analysis. Love to hear about other's experience.