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The CRE Humor Jokes

Cap Rate Catfish: The Turnkey NNN That Turned On Me

5 hours ago
1 min read

Broker: Turnkey NNN at 5.25 cap, totally stabilized Lender: Need T-12, rent roll, estoppels, Phase I, AE, and a blood oath 🧮 Appraiser: Used a 2019 cornfield comp, value minus 11 percent Me: DSCR 1.24, taxes reset, roof Y2K, expectation yacht, reality Friday retrade šŸ˜‚

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