deal analysis

How to Read an Offering Memorandum: Why That 7.25% Cap Rate Is Really 4.56%

I pulled a real deal one of my accelerator members was looking at, changed the names and moved a few figures around, and rebuilt it live. The offering memorandum said 7.25% cap rate. Rebuilt honestly, it's a 4.56% cap rate. And every single number the seller put on that page was accurate.

Cheap Commercial Property for Sale: What $250,000 Actually Buys in 2026

I hear the same excuse constantly. "Tyler, there are no good commercial deals." "Commercial real estate is too expensive." So on a recent live stream I decided to prove it wrong in real time. I pulled up a listing platform, filtered every retail property in the country priced under $250,000, and found 6,138 properties. Retail alone.

Commercial Real Estate Underwriting: Complete Guide (2026 + Real Deal Walkthrough)

Commercial Real Estate Underwriting: Complete Guide (2026 + Real Deal Walkthrough)

Today, I'm going to walk you through commercial real estate underwriting, and more importantly, I'm going to show you why it matters. Not just how to plug numbers into a spreadsheet, but why each piece of the puzzle actually affects your decision to buy or pass on a deal.