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hello its me again Peter Harris from commercial property advisers author of this book commercial real estate investing for dummies and coach and mentor to many commercial investors all across this great nation of ours just about every day I receive emails from the books are written from the podcast Ive produced as well as some of the YouTube videos I post and today Im going to answer in a very short video a one set question and the question is Peter how do you use a LOI and letter of intent to make offers on commercial property well in this video Im going to go over and define what a letter of intent or an LOI is and how to use it effectively number two the three main purposes of ello is number three that three advantages of lis and lastly Im going to show you at the end of video how to get your very own copy its actually the an actual copy that we use here at commercial property advisers okay so lets get started there are two basic ways to make offers on commercial property the