by Peter Colvin | Apr 4, 2018
One of the main reasons I chose Dollar General several years ago as my favorite tenant was because I felt they would be “Amazon-Proof”. Since then, so many retailers have been challenged by Amazon’s ability to ship products directly to the consumer quickly and...
by Peter Colvin | May 24, 2017
It’s an ugly secret that over 40% of all the attempted 1031 exchanges are “blown”. Brokers only brag about the deals they close, not the ones they blow. This is a horrible waste of money for people who planned on reinvesting into a nice new property and avoiding a...
by Peter Colvin | Feb 15, 2017
A hot new listing will attract a lot of buyers, even 10 to 20 offers on the first day. Why does the seller pick my buyer? The answer…I keep my LOI simple. The Letter of Intent is an opportunity to put simple terms and conditions on one page and to win the deal, not...
by Peter Colvin | Feb 6, 2017
By Peter Colvin, Chairman, The SVN National Single Tenant Group I’m often asked “why do I like Dollar General properties so much?” I have dealt with nearly every national brand and the answer is easy. Here are my Top 10 Reasons: 1. They are a great...
by Peter Colvin | Nov 12, 2015
What is a “really good buyer”??? I am constantly being told by brokers bringing in offers on my listings that they have “a really good buyer”. What is the definition of a really good buyer? Based on closing over a BILLION dollars in investment property, here’s my...
by Peter Colvin | Oct 25, 2015
I just witnessed an attorney blow his client’s 1031. It was both shocking and sad. I found a great property for the buyer and secured it with an accepted letter of intent. The seller delivered all the due diligence materials instantly. We were off to a good...