Process for selecting properties for further review

[Account Closed]

Would anyone like to share their commercial property search process?

For me, I start out by searching for what is available. This is more time consuming for commercial properties.

I then like to realistically determine which properties might meet my criteria.

I'v left out a lot of considerations, but want to start the topic.

[Bryan Hancock]

We look for properties we can add value to, reposition, and sell. For long-term buy-and-holds I use Ray Alcorn's underwriting techniques with a WACC to screen deals. This is a much better screening process than using the 50% rule IMO.

After things are screened we model them using as much data as we can find.