Brian

Speaker - Author - Advisor. Florida Commercial Real Estate sales and aspiring developer.

[Brian @thebrianorr]

Random throwback to my simplest, and most successful tweet ever.

[Brian @thebrianorr]

Is this really where we are right now?

[Brian @thebrianorr]

@CoachRolfes You’re going to need more

[Brian @thebrianorr]

@BlackLabelAdvsr Where in the country is this?

[Brian @thebrianorr]

@Gfilche @grok Invest in land

[Brian @thebrianorr]

@thecruice Very common. You may feel that way if you think it can be repeatable.
You won’t be able to scale it of course so it’s not an endless upside.
Good news is, you do it again and lease it to someone else. You can do that forever

[Brian @thebrianorr]

@bethanyjbabcock I’d never find out - unless he was there waiting for me this morning

[Brian @thebrianorr]

@ElonGerberg Residential agents with open house mindsets

[Brian @thebrianorr]

@jamesonhaslam Broker. And if you’re moving between tampa/orlando I got you

[Brian @thebrianorr]

@ChrisRamsey60 We have this +/- 60 acres zoned i1 ready for development in Florida. On an exit and alongside I75.

[Brian @thebrianorr]

As incredible as this is all around, I can’t help thinking of how the international fighters feel.

Look at Lopes. Brazilian being cheered at the White House.

How cool is this for them?!

[Brian @thebrianorr]

@IdeaBravaX I see this all the time, but the sun wakes up an hour or two after I do ??

[Brian @thebrianorr]

I spent 25+ traveling internationally to play music.

If I ever DJ again, it will be for this concept.

It has to be New York, Miami, Madrid, London or Zurich…

Promoters or club owners, friends in these cities… let me know.

[Brian @thebrianorr]

@SMB_Attorney and Legoland rules!

[Brian @thebrianorr]

@GregorioSh64773 And no effect on your brain or genitals I’m sure

[Brian @thebrianorr]

A seller just omitted $17,528 in annual property taxes from their P&L.

Not one year. Every year in the package.

This wasn't buried in a footnote. It simply wasn't there. A commercial property generating $140,000 in revenue with zero property tax expense across three years of compiled financials.

We caught it the same day we received the package — by pulling the county property appraiser records and running their public tax estimator tool. Both are free. Both are public. It took minutes.

Here's what that omission actually did to the deal:

Seller's reported NOI: $74,809
Corrected NOI (current taxes applied): $57,281

And it gets worse. On a commercial acquisition, the tax assessment resets at closing based on the purchase price. The county's own estimator projected the post-sale annual tax bill at $26,845–$29,395 — nearly $12,000 more than the bill that wasn't even disclosed.

Post-close corrected NOI: ~$41,000
Cap rate at ask — as presented: ~5.0%
Cap rate at ask — post-close reality: 2.74%

The seller was pricing the deal at double what the income stream actually supports.

This is the kind of thing that doesn't show up if you're underwriting off the package alone.

Always pull the tax record. Always run the estimator. The data is public and the county will tell you exactly what you're walking into.

[Brian @thebrianorr]

@Alex_Oloyede2 to a theme song from The Hunger Games.

[Brian @thebrianorr]

This is what’s happening up I75 north of Tampa.

Land and development deals are penciling hard

[Brian @thebrianorr]

@realEstateTrent Just paste a signature on the pdf in adobe or even in preview.
Takes less time than that convo

[Brian @thebrianorr]

AI answering services have a LONG way to go.

Be careful relying too heavily on these just yet

[Brian @thebrianorr]

@TukiFromKL “Just found”