All Forum Posts by: John Barnes

For an off-market deal, the broker doesn’t necessarily have a fiduciary duty to me if I’m the buyer, correct? In that case I’ll want a real estate attorney for the closing process. Any other advice you can provide in that situation to make sure I don’t get taken advantage of?

Any reccs for an attorney who handles commercial MF closings in Indy, and does it well?

Does anyone have recommendations on where to keep business funds while waiting for the right real estate investment to come along? I’d love to keep them in a HYSA but I often hear that those arent for business purposes.

In searching for commercial real estate to buy, I’m reaching out to a number of brokers in the area and explain to them what I’m looking for. 

#1: Do I tell them I’m talking to other brokers? They often allude to me speaking with others as if it is expected. 

#2: If a broker brings me a deal off-market, am I going to link up with a different broker to ask as my buyers agent? Or am I expected to have that broker work both sides of the transaction?

#3: If it’s an on-market deal as mentioned in #2, does that change who I have in my corner?