Ever heard your broker throw around the term cap rate and nodded along like you totally knew what it meant? Yeah… we’ve all been there.

In this classic episode from Season 1, Mike and Marc break down what a cap rate actually is (spoiler: it’s not a hat size) and why it matters more than your morning coffee when it comes to evaluating a commercial property.

We’re talking risk, returns, and all the fun math your high school algebra teacher promised you’d never use in real life.

Whether you're a seasoned investor or just here for Mike’s dad jokes, this episode will leave you a little smarter — and a lot more entertained.

Put your calculator down (for now) and press play!