I’ve done BOMA calculations for retail, office, and residential spaces and by god it’s a pain. And it doesn’t really always correlate to the perceived area/volume of the rental space which can definitely feel like a scam, so when he first said the real estate agents were lying I figured it was just a difference in gross vs net square footage. I thought I was right when he started measuring paint to paint, but then he said they were listed at 2 to 3 times the actual. That’s absolutely bonkers. The one guy at 10% “over” was likely listing gross, but I haven’t watched those videos yet. I can’t wait to dive in tomorrow at work!
I’ve done BOMA calculations for retail, office, and residential spaces and by god it’s a pain. And it doesn’t really always correlate to the perceived area/volume of the rental space which can definitely feel like a scam, so when he first said the real estate agents were lying I figured it was just a difference in gross vs net square footage. I thought I was right when he started measuring paint to paint, but then he said they were listed at 2 to 3 times the actual. That’s absolutely bonkers. The one guy at 10% “over” was likely listing gross, but I haven’t watched those videos yet. I can’t wait to dive in tomorrow at work!