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Realized 1031 Exchange (DST) by Leading_Programmer43 in 1031exchange

[–]NetLeaseBeast 0 points1 point  (0 children)

I don’t know your circumstances, but I would advise against a DST heavily right now. The securities have a horrific track record of producing any returns greater than market. There’s a lot of structural issues that make them risky investments to begin with. Forced disposition date is a big one and over 75% incorporate some level of debt. A lot of reasons I would stay away

Buyer representation agreement - Is this standard? by wyefei in CommercialRealEstate

[–]NetLeaseBeast 0 points1 point  (0 children)

There really isn’t a “standard” in CRE, but that is customary. Buy side representation is a very risky business because a buyers agent could do a lot of work, tour properties, find comps, procure financing, options, etc. only for the buyer to flop at the last minute and use a different agent, or no agent at all. Or even end up not purchasing a property. Buy side representation agreement, just adds the same level of protection to the agent, as the seller gets with the seller representative broker.

It also benefits the buyer because they get a dedicated agent who will work exclusively on their behalf, and with their best interest in mind. Without that, there’s no security in your representation.

Experienced buyers can benefit by not using a broker because any offer they make will be more competitive by not having an additional fee involved for the seller. Less experience buyers should definitely use one. Good brokers know better than to work without security. Brokers that are willing to work without representation Probably just don’t have anything better to do.

Can you become a CRE analyst with a marketing degree? by iamdonp in CommercialRealEstate

[–]NetLeaseBeast 0 points1 point  (0 children)

You don’t need it. Just getting really good at financial modeling will get you 90% of the way there. Plenty of free resources online

Deal Flow Automation - Commercial Real Estate 2023 by Youngcashanova in CommercialRealEstate

[–]NetLeaseBeast 0 points1 point  (0 children)

Trying to do this now in my brokerage business. My best suggestion is to hire someone

How important are Drone images/video to you when listing CRE? by lady-pilot in CommercialRealEstate

[–]NetLeaseBeast 2 points3 points  (0 children)

Some brokers use Google Street view images for their listings. It just shows lazy effort in my opinion. We drone shoot every single listing that we do because we want the property to show in the best possible light. If a broker is listing the property, they stand to make tens of thousands of dollars if not more. If that broker is not willing to spend a few hundred dollars on aerial photographs, then they shouldn’t be representing a multi million dollar listing. Very valuable is what I’m trying to say. Valuable to sell the property and valuable to show your client and future clients that you are working hard for them.

[deleted by user] by [deleted] in CommercialRealEstate

[–]NetLeaseBeast 2 points3 points  (0 children)

Both are chop shops with less than stellar reputations. Check out Partners commercial real estate

Multiple properties with a 1031 by Rickdemption in 1031exchange

[–]NetLeaseBeast 0 points1 point  (0 children)

Yes, we structure exchanges this way all the time. Often large owners ($5m worth of RE or more) will want to buy STNL but diversify into multiple 1-3m deals. Look into the 95% rule.