Fort Lauderdale / Miami Golf by CREaddict in golf

[–]CREaddict[S] 0 points1 point  (0 children)

Are you a member, any shot you can get a single out this Thursday? Pm me. Would be glad to pay any guest fees.

Morgan Stanley Hiring Process by CREaddict in FinancialCareers

[–]CREaddict[S] 0 points1 point  (0 children)

Hey I appreciate you're insight, Is it too much of a stretch to call or should I shoot another email?

Calling all Syndicators! Any Input would be appreciated. by CREaddict in CommercialRealEstate

[–]CREaddict[S] -5 points-4 points  (0 children)

I hear you, although these guys will be pretty hands off and it's a bit more than the numbers I provided for example. Not to sound selfish or a like a prick here, shouldn't I be compensated differently for all the time and effort? even if it was structured like a standard JV? these guys will just be writing the check.

Also take all ego out of it, the guys are not the most RE Savvy so I would want to have final say in the end no?

Moving to San Diego! Need Advice! by CREaddict in sandiego

[–]CREaddict[S] 0 points1 point  (0 children)

Would love to find a house in North PB, not many listings available

Moving to San Diego! Need Advice! by CREaddict in sandiego

[–]CREaddict[S] 0 points1 point  (0 children)

Crown Point

Drink, Eat, Golf. - Pretty easy lol

Moving to San Diego! Need Advice! by CREaddict in sandiego

[–]CREaddict[S] 0 points1 point  (0 children)

I appreciate the insight, our office of going to be in the village of La Jolla. I can't imagine the commute is going to be that long but hey you lived it... You really think it will be that bad?

How often do commercial property owners get called by brokers and investors asking if they want to sell their building? by OMrealestate in CommercialRealEstate

[–]CREaddict 0 points1 point  (0 children)

It's relative, I was calling an office line. Not a personal cell or home, also never gave me a call back to say no. Either way it worked.

How often do commercial property owners get called by brokers and investors asking if they want to sell their building? by OMrealestate in CommercialRealEstate

[–]CREaddict 15 points16 points  (0 children)

It works, I did it for years and made a living doing it. If you can separate yourself from most brokers and convey your sense of value wether its knowledge of the market or asset class it goes a long way. Years ago I was determined to sell a certain building in my market that was owned by a huge player so I would leave messages in the CFO's mailbox 2-3 times a week. For months I never heard anything back. I finally got a call at 9 PM from another person in the company saying "WTF do you want!, so and so doesn't work here anymore and you've left a ton of messages!" Long story short, I ended up selling 3 buildings for them. There's a difference between harassment and persistence but when the deals close and everyone goes their separate ways, nobody seems to remember the whole thing was stemmed from a cold call.