Blue Dirt

Send us Fan Mail

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 property into a mixed‑use anchor for neighborhood growth.

Learn more about Blue Commercial Properties on our website.

Send us Fan Mail

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.

Send us Fan Mail

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 what he'd do differently if he were starting today.

👉 This is a real-world look at what patient, intentional investing can produce—and a reminder that your first deal doesn’t have to be your biggest to be your most important.

Learn more about Blue Commercial Properties on our website.

Send us Fan Mail

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 to opportunity cost and portfolio strategy, this episode is packed with insights to help you make the right call for your next deal.

👉 Whether you're eyeing your first property or scaling up your investments, this is a must-listen for anyone serious about building wealth through commercial real estate.

Learn more about Blue Commercial Properties on our website.

Send us Fan Mail

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 definitions, real-world context, and the confidence to talk shop in the commercial space.

👉 Tune in as we demystify commercial investing and help you build your knowledge from the ground up—because every smart investor starts with the basics.

Learn more about Blue Commercial Properties on our website.

Send us Fan Mail

In this episode of Blue Dirt, hosts Michael Carro, CCIM and Don Redhead dive into a recent investment property they acquired at the end of the year—an asset with untapped potential that had been overlooked for some time. They share their approach to making strategic improvements, investing in both the property and its existing tenants to enhance value and drive strong returns in a short period. This case study offers real-world insights into how thoughtful reinvestment can breathe new life into a space and create lasting success.

Learn more about Blue Commercial Properties on our website.

Send us Fan Mail

In the debut episode of Blue Dirt, hosts Michael Carro, CCIM of SVN | Southland Commercial Real Estate and Don Redhead of Blue Commercial Properties introduce themselves and share their journeys in the world of commercial real estate investing. They break down what listeners can expect from the podcast—insights into market trends, investment strategies, and expert advice for both seasoned investors and newcomers. Tune in as they lay the foundation for a series packed with actionable knowledge and real-world experience in the commercial property space.

Learn more about Blue Commercial Properties on our website.