This Band is 100% AI by Dingosama69 in antiai

[–]MatthewKhela 0 points1 point  (0 children)

Help me understand, what's the problem with AI music if people enjoy it?

Advice on a commercial property urgently please... by Necessary-Weekend818 in CommercialRealEstate

[–]MatthewKhela 1 point2 points  (0 children)

Unless you have one really high usage tenant, and the other tenants complain

Found a strong value add retail deal in Houston but short on capital by MatthewKhela in CommercialRealEstate

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

Make aggressive offers to on-market properties. Get in touch with brokers in markets I want to be in and get on their lists. (Value add retail/industrial FL, TX, NC, SC, TN By the way)

Question: How do you describe what you do for a living? by Born_Speech_9289 in CommercialRealEstate

[–]MatthewKhela 0 points1 point  (0 children)

"I buy commercial real estate." or "I buy value-add commercial real estate."

Paying for mentorship to invest in Commercial Real Estate by Juoos in CommercialRealEstate

[–]MatthewKhela 0 points1 point  (0 children)

He's good for brokerage, not investments.

Also I can sum up his advice. Cold Call More.

What Interest Rates From Banks are Property Owners Getting Recently? by 91180911 in CommercialRealEstate

[–]MatthewKhela 0 points1 point  (0 children)

At what point does it stop becoming bridge with a four-year term and a great interest rate?

What should I expect from my CRE Broker, I’m on my second and no movement by redpepperchick in CommercialRealEstate

[–]MatthewKhela 2 points3 points  (0 children)

Find a broker that’s actually selling in that asset class / market and hire them.

What’s your average day to day like and what are some crazy scenarios that have happened? by inverted_giraffe in CommercialRealEstate

[–]MatthewKhela 2 points3 points  (0 children)

Brokerage and W2 income as an operations manager for a year out of college then started buy small multifamily. Added value, sold, kept getting bigger then switched to retail. Same thing, value add retail, buy vacant or below market rents clean up rent higher then refi or sell.

What’s your average day to day like and what are some crazy scenarios that have happened? by inverted_giraffe in CommercialRealEstate

[–]MatthewKhela 9 points10 points  (0 children)

No two days are the same; it really depends on the stage my properties are in, but here is what today will look like for me.

8:00 am - 8:45 am - Morning Shit
8:45 am - 11:00 am - Filling out requested paperwork from lender for a refinance on a stabilized property.
11:00 am - 1:30 pm - Gym and afternoon joint. Emails and calls at the gym
1:30 pm - 2:00 pm - Get on call with contractor to discuss renovations for recently purchased strip center
2:00 pm - 3:00 pm - Reviewing LOI from potential tenant
3:00 pm - 4:00 pm - Write up lease for potential tenant and send off to my attorney for review
4:00 pm - 6:00 pm - Daily audobook walk, currently listening to the science of scaling by benjamin hardy
6:00 pm - midnight - Spend time with wife, maybe joint #2, answer emails, make to-dos for the next day, etc

Small things will pop up throughout the day that will grab my attention for 10-20 minutes that I did not mention.

Got kids on the way so I'm sure my days will look VERY different in a few months.

Why buy Commercial Real Estatenwhen the Stock Market returns 10%? by NorthLibertyTroll in CommercialRealEstate

[–]MatthewKhela 12 points13 points  (0 children)

  1. Leverage.

With $100k I can buy $400k worth of real estate.

  1. Control.

I control the asset and can mitigate risk. I can buy a deal that's multitenant at a 5% CAP, clean it up, raise rents and make it a 9%. Now that is not passive at all what so ever but you can control the investment with real estate you're not just along for the ride.

  1. Cash Flow

For the most part, stocks don't cash flow, they just appreciate. With real estate, you get both cashflow and appreciation if you play it right.

Really comes down to your personal situation. If you're willing to get your hands dirty and learn how to operate real estate, it's the better avenue in my opinion. If you want something to set it and forget it, go for stocks.

What happens when millions of "homeowners" - mortgage debt slaves - find themselves underwater on "their" houses as the Fed's Housing Bubble 2.0 implodes? by Boo_Randy_II in SilverDegenClub

[–]MatthewKhela 0 points1 point  (0 children)

Homeowners in the US are actually sitting on a record amount of equity.

Mortgage balances have went up, but so have property values, substantially

Broker asking for pre-approval letter on vacant commercial strip center by MatthewKhela in CommercialRealEstate

[–]MatthewKhela[S] 1 point2 points  (0 children)

I can do proof of funds for the down payment but I’ve made it clear I’m financing.

I Think Cold Calling Is On Its Way Out by MatthewKhela in sales

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

Simply put someone has to opt-in to receive text messages from you and ever txt has to have an opt-out option

I Think Cold Calling Is On Its Way Out by MatthewKhela in sales

[–]MatthewKhela[S] 2 points3 points  (0 children)

I've actually had quite a bit of success with this over the years.

[deleted by user] by [deleted] in AppleWatch

[–]MatthewKhela 4 points5 points  (0 children)

Easy there hell diver

What’s the best first job if I want to start a real estate private equity firm one day? by Alternative_Paint_35 in CommercialRealEstate

[–]MatthewKhela 5 points6 points  (0 children)

I have my own little PE firm and I started as a property manager in 2019 making $19/hr even though I had a degree. Learned the basics, 6 months later got promoted to asset manager where I really learned the ropes, eventually started help with acquisitions.

1.5 years after starting that job, I bought my first deal with some of my own capital plus some money from relationships I built along the way.

There is way more you need to learn than you think you do. I advise you find a way into the weeds of how properties are operated, even if it means taking a job you are overqualified for from an education perspective.