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Blue Dirt
Blue Commercial Properties
22 episodes
6 days ago
Send us a text Deals are flashy; leases do the heavy lifting. We brought in attorney Tim Baldwin to break down how smart landlords turn a contract into an operating system that protects cash flow, clarifies maintenance, and shortens disputes before they start. If you’ve ever argued over a condensation leak, a roof stain, or who pays for damaged ceiling tiles, this conversation gives you the language to end gray areas for good. We start with preparation: why a litigated‑and‑won perspective ma...
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Investing
Business
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All content for Blue Dirt is the property of Blue Commercial Properties and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Send us a text Deals are flashy; leases do the heavy lifting. We brought in attorney Tim Baldwin to break down how smart landlords turn a contract into an operating system that protects cash flow, clarifies maintenance, and shortens disputes before they start. If you’ve ever argued over a condensation leak, a roof stain, or who pays for damaged ceiling tiles, this conversation gives you the language to end gray areas for good. We start with preparation: why a litigated‑and‑won perspective ma...
Show more...
Investing
Business
Episodes (20/22)
Blue Dirt
From Ambiguity to Armor: How Legal Clarity Protects Your CRE Portfolio
Send us a text Deals are flashy; leases do the heavy lifting. We brought in attorney Tim Baldwin to break down how smart landlords turn a contract into an operating system that protects cash flow, clarifies maintenance, and shortens disputes before they start. If you’ve ever argued over a condensation leak, a roof stain, or who pays for damaged ceiling tiles, this conversation gives you the language to end gray areas for good. We start with preparation: why a litigated‑and‑won perspective ma...
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1 week ago
43 minutes

Blue Dirt
Beyond the Premium: Smart Insurance Strategies for Commercial Properties
Send us a text Ever wondered why your commercial property insurance premiums skyrocketed—or why insuring a seemingly indestructible metal building can be surprisingly difficult? In this enlightening conversation with insurance expert Mike Price from Hub International, we unravel the mysteries behind one of the most significant expenses in commercial real estate ownership. The timing couldn't be better for this discussion. After years of what the industry calls a "hard market"—where insurance...
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2 months ago
38 minutes

Blue Dirt
Hurricane Prep: Protecting Your Commercial Real Estate Investment
Send us a text Hurricane season poses an existential threat to commercial real estate investments, yet few property owners truly understand how to prepare their buildings or navigate the aftermath. This eye-opening episode delves into the hidden challenges hurricanes create beyond just physical damage. Did you know that when a named storm forms anywhere in the Atlantic—not just hurricanes, but even tropical storms—insurance companies implement immediate moratoriums that prevent writing new p...
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2 months ago
28 minutes

Blue Dirt
See What Others Don't: The Art of Spotting Undervalued Commercial Properties
Send us a text Finding hidden gems in commercial real estate often means looking where others won't—or can't—see value. In this eye-opening exploration of opportunity recognition, Michael and Don reveal how they discovered a property that had languished on the market for ten years because of a critical listing error. The warehouse, a 9,720 square foot cross-dock facility on four acres, had been categorized merely as "land" with notes indicating the building had "no value." While most investo...
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3 months ago
20 minutes

Blue Dirt
Beyond the Lease: Building Tenant Relationships That Last
Send us a text The foundation of successful commercial real estate investing isn't just about finding the right property—it's about building relationships that keep your spaces filled and your returns flowing. On this episode of Blue Dirt, we uncover the powerful truth that "retention equals returns" and how this simple equation can transform your investment approach. When landlords and tenants view each other as business partners rather than adversaries, magic happens. We explore how the tr...
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3 months ago
31 minutes

Blue Dirt
Buildings Matter More Than Markets Ever Will
Send us a text Have you ever wondered if there's a stepping stone between residential and commercial real estate investing? In this eye-opening episode, we uncover how short-term rentals like Airbnb can serve as the perfect gateway to building your commercial real estate portfolio. Jesse from Carro Properties shares his journey of transforming a 450-square-foot apartment above a garage into a thriving short-term rental business. The numbers are staggering – these properties can generate thre...
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3 months ago
33 minutes

Blue Dirt
Commercial Real Estate Doesn't Have to Be Complicated
Send us a text Diving beneath surface-level dealmaking, this eye-opening episode tackles the foundations of commercial real estate investing that most property shows never cover. Hosts Michael and Donnie, drawing from decades of experience as active investors, brokers, and property managers, break down exactly what makes commercial properties fundamentally different from residential investments. "We make cashflow all the time," explains Michael, contrasting his commercial success with years ...
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3 months ago
34 minutes

Blue Dirt
Digging Into the Dirt: How Smart Investors Evaluate Property Risk
Send us a text What's your risk tolerance as a commercial real estate investor? This foundational question drives every successful investment strategy, yet many investors fail to honestly assess where they fall on the risk-reward spectrum. In this deeply practical episode, we unpack the direct relationship between risk and return in commercial real estate, using concrete examples every investor can relate to. Starting with the gold standard of investment security—a McDonald's with a 20-year ...
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4 months ago
32 minutes

Blue Dirt
Beyond Price: The Art of Commercial Negotiations
Send us a text The psychology of negotiation often trumps the mechanics of contracts in commercial real estate—a lesson learned the hard way by many investors. In this eye-opening episode, we share a transformative story about recognizing when someone is negotiating with you rather than simply refusing to honor an agreement, completely changing how deals are approached. Beyond just focusing on price, successful commercial real estate negotiations require understanding what truly motivates al...
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4 months ago
37 minutes

Blue Dirt
Walking Properties Like a Pro
Send us a text Ever wonder what separates amateur property tours from those conducted by seasoned commercial real estate professionals? The difference could cost or save you thousands. Walking a commercial property with expert eyes means spotting the subtle warning signs most investors miss. Water intrusion—the silent destroyer of commercial buildings—leaves telltale traces that trained observers can identify immediately. From discolored brick and buckling flooring to swelling baseboards and...
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4 months ago
52 minutes

Blue Dirt
Smart Exits: Planning Your Commercial Real Estate Endgame
Send us a text Your exit strategy might be the most critical decision you'll make in commercial real estate investing—even before you purchase the property. As we explore in this episode, the most successful investors begin with the end in mind, shaping every decision around maximizing future value and creating flexible exit options. The foundation of smart exit planning starts with a conservative discounted cash flow analysis that projects realistic timelines for lease-up, renovation costs,...
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4 months ago
46 minutes

Blue Dirt
Money Well Spent: Structuring Tenant Improvement Allowances
Send us a text Tenant improvement allowances represent one of the most powerful yet frequently misunderstood tools in a commercial real estate investor's arsenal. Far from being simple concessions to entice tenants, these strategic investments can dramatically enhance property value while creating win-win relationships with quality tenants. This episode dives deep into the art of structuring TI allowances that make financial sense. We explore when to say yes (and when to walk away), examinin...
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5 months ago
25 minutes

Blue Dirt
Why Today Is Always the Right Time to Invest in Commercial Real Estate
Send us a text Take a deep dive into the world of commercial real estate investing as we tackle the perpetual question: "When is the best time to invest?" The answer might surprise you—it's today, with a crucial caveat. The real question isn't timing the market, but whether you're buying the right asset at the right price. We break down the psychology of investment timing and why so many people get stuck looking in the rearview mirror, lamenting missed opportunities rather than seizing prese...
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5 months ago
34 minutes

Blue Dirt
Navigating Condo Ownership in Commercial Real Estate
Send us a text Dive deep into the world of commercial office condos as we share our journey of acquiring and transforming four medical office units on a hospital campus. What began as a straightforward investment quickly turned into a crash course in HOA politics, property improvement negotiations, and the delicate balance of building relationships with long-established owners. When cast iron plumbing pipes started failing—pipes that weren't even servicing our units but were located above ou...
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5 months ago
26 minutes

Blue Dirt
All Things HVAC
Send us a text The Blue Dirt Podcast is back—and this week Don and Michael tap long‑time HVAC specialist Cheyenne Stemen of Blue Commercial Properties for a nuts‑and‑bolts conversation every landlord, asset manager, and CRE investor needs to hear. By the time you hit “stop,” you’ll have clear answers to three questions that can save (or earn) you serious cash: How do you complete a thorough HVAC inspection—step by step—from filter checks to full‑system diagnostics?What routine maintenance sch...
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5 months ago
37 minutes

Blue Dirt
From Vacancy to Vibrancy
Send us a text In this Blue Dirt case study, Michael and Don unpack their newest challenge: a nearly empty building with years of deferred maintenance. They reveal how phased renovations keep current tenants thriving, how creative lease structures protect cash flow, and how strategic upgrades are unlocking a fresh mix of street‑level retail, an inviting event venue, and modern residential units. Tune in for budget realities, community partnerships, and the long‑game vision that turns a quiet ...
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5 months ago
30 minutes

Blue Dirt
Storefront Stories: Reviving a Piece of Belmont DeVilliers
Send us a text Michael Carro and Don Redhead take you inside one of their most creative deals yet—a 1031 exchange in Pensacola’s historic Belmont DeVilliers. Hear how they transformed a rundown home into a thriving retail space, navigated city approvals, and unlocked serious long-term value. It’s a quick, real-world case study packed with strategy, setbacks, and a smart vision for growth in unexpected places. Learn more about Blue Commercial Properties on our website.
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6 months ago
24 minutes

Blue Dirt
Michael’s First Deal: 20 Years, One Property, Endless Lessons
Send us a text In this special case study episode of Blue Dirt, we sit down with Michael to unpack the story of his very first commercial investment property—a deal he made over 20 years ago and still owns today. From the initial leap of faith to the challenges, wins, and long-term strategy that’s kept the property thriving, Michael shares the lessons that only time (and a little grit) can teach. You'll hear how the deal came together, why he held onto it through market ups and downs, and wha...
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6 months ago
22 minutes

Blue Dirt
Cash vs. Loan: What’s the Smart Move?
Send us a text When it comes to commercial real estate, one of the biggest questions investors face is this: Should you pay in cash or finance the deal? In this episode of Blue Dirt, we weigh the pros and cons of both strategies and break down how each choice can impact your risk, returns, and long-term flexibility. We’ll explore scenarios where using leverage might unlock greater opportunities—and when going all-in with cash might be your safest bet. From interest rates and equity positions ...
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7 months ago
15 minutes

Blue Dirt
Commercial vs. Residential: Defining the Divide
Send us a text In this episode of Blue Dirt, we’re breaking down the foundational terms of commercial property investing—and how they differ from the residential real estate world. Whether you're just starting out or looking to expand your portfolio, understanding these key distinctions is crucial. From cap rates and triple net leases to zoning, tenant types, and financing structures, we’ll explore the vocabulary that shapes smart commercial investments. You'll walk away with clear definition...
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7 months ago
21 minutes

Blue Dirt
Send us a text Deals are flashy; leases do the heavy lifting. We brought in attorney Tim Baldwin to break down how smart landlords turn a contract into an operating system that protects cash flow, clarifies maintenance, and shortens disputes before they start. If you’ve ever argued over a condensation leak, a roof stain, or who pays for damaged ceiling tiles, this conversation gives you the language to end gray areas for good. We start with preparation: why a litigated‑and‑won perspective ma...