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welcome to Claudias corner where I share Marvel cinemasing Journey with you as I read from a real estate journal the following is from my journal entry for Wednesday November 16 2022. there was a 32 unit apartment building listed on loopnet last week I dropped the property and it looked in good condition also I drove around the neighborhood and it was in a good area I started working in the LOI for this property and this was good practice on what template to use and what terms to include an Loy or letter of intent is an agreement to buy commercial real estate I then call the broker that listed the property to ask for further details and was told that the property is already under contract it just surprises me how competitive this Market is and not only in residential real estate but also commercial real estate from Claudias Corner continue with class