What to Actually Check When Touring a Building

Grab our free industrial building tour checklist here:

 https://grahamstorey.kit.com/industrialchecklist

Jesse and I have toured a LOT of industrial buildings, and we kept walking 
out realizing we forgot to ask the same questions over and over. So we 
built a simple one-pager checklist we now bring to every appointment.

In this episode we walk through the full thing: every question we ask, 
why each one matters, and the mistakes that cost us money before we 
started using it.

What we cover:
- Property overview: asking price, reason for selling, square footage 
  discrepancies, parking, construction type
- Why the seller almost never gives you a real asking price (and how to 
  pull one out of them)
- When to bring up seller financing on a tour (hint: not in the first 
  five minutes)
- Building specs: dock doors, drive-in doors, clear height, column 
  spacing, sprinklers, power, HVAC, roof age
- The sprinkler trap that can kill a 20,000 SF deal
- Utility meters and why one shared water meter has cost us real money
- Tenancy: rental rates, lease expirations, lease types, and how to use 
  a bad lease as a negotiation tool
- Two tools we use to capture every tour without taking notes (Plaud 
  recorder + Meta Ray-Bans)

If you're a residential investor making the jump into commercial, this 
is the nitty gritty tactical stuff nobody talks about. Save it, use it, 
and let us know what we missed.

Subscribe for new CRE episodes weekly.

Hope you enjoy & God Bless! 

Subscribe to the podcast and connect with us on Instagram and Youtube: @graham_storey and @thejessedurham for more.