underwriting

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.

Chattanooga ATT Building Sold for 8.5% Cap

Chattanooga ATT Building Sold for 8.5% Cap

The two-story building totals 6,955 square feet and is situated on a 2.88-acre parcel with points of ingress/egress on Dodds Avenue and East Main Street. Following construction in 1987, the building was immediately leased to Bellsouth Telecommunications, LLC for use as a service operations facility.