#56: Lessons Learned from a $2.3 Million Building Purchase (Part 1)

The AC Method

Welcome to another episode of The AC Method, this time from the new studio. Aaron discusses the twists and turns of commercial real estate. Get ready for a no-holds-barred look at everything from environmental headaches and the maze that is dealing with financial institutions to the unexpected things tenants do—like leaving early and swiping furniture (but hey, silver linings, right?).

We've got a tale of cash, courage, and close calls, including that wild sprint to the escrow finish line. We’ll share the ups and downs of securing that elusive perfect building, along with the pricey pitfalls ($714K... Yikes!) and SBA loan labyrinths we never expected to navigate.

And, because we love spotlighting the movers and shakers out there, we tip our hats to Wendy Graves with Make it Happen Signage Academy for championing women in science.

📱 SOCIAL MEDIA:

Instagram | https://www.instagram.com/theacmethod/

YouTube | https://www.youtube.com/@ACMethod

Facebook | facebook.com/profile.php?id=100063971505812

TikTok | https://www.tiktok.com/@squarecoil

LinkedIn | https://www.linkedin.com/in/aaronclippinger/

Want to know more about Aaron? You may visit https://www.squarecoil.com/

⏰TIMESTAMPS:

00:00 Deep roots, close family, long-standing tradition.

03:37 Listed at 2.5M, buyer offers 2.4M, settles at 2.45M.

06:55 Choosing between two SBA loans based on location.

10:19 Attend Signage Academy's illuminated signage bootcamp now.

14:28 Designing building interior, unsure about purchasing.

18:35 Uncertain bidding process for commercial building purchase.

20:45 Stopping now, more details next week. Enjoy!

Learn more about your ad choices. Visit megaphone.fm/adchoices