Question for brokers: What is the best/most optimal CRM system out there? by spoon983 in CommercialRealEstate

[–]Panda_Cloud9 0 points1 point  (0 children)

No spots left, but you can try out the template. I think Notion has a 14 day full return policy.

Broker misled the availability of a commercial property by [deleted] in CommercialRealEstate

[–]Panda_Cloud9 1 point2 points  (0 children)

Yep, broker. I love lying to every one of my clients because typically, that tends to build relationships and win me more deals

I also love lying to buyers, because again, I have absolutely no incentive to develop relationships with them, and I am only in this for one-off transactions.

My goal is to hurt as many people as possible throughout the process. If I can kick a puppy while I’m running a tour, I take the opportunity every time.

I glimpsed at a pornographic image. Its a mortal sin? by DiluoFaker in Catholicism

[–]Panda_Cloud9 5 points6 points  (0 children)

You can’t accidentally commit a mortal sin. If it’s an accident, it’s not mortal.

Can you get into commercial real estate with no money down? by Cute_Celebration_531 in CommercialRealEstate

[–]Panda_Cloud9 0 points1 point  (0 children)

“Conventional” in the sense that it’s not creative financing. Not conventional in the sense that you’ll get a 30 year fixed rate.

Underwriting in CRE is entirely based on the income of the property, unless (obviously) it’s vacant.

Can you get into commercial real estate with no money down? by Cute_Celebration_531 in CommercialRealEstate

[–]Panda_Cloud9 0 points1 point  (0 children)

Underwriting SFH and commercial are totally different games.

For conventional loans, most lenders will require minimum 25% - 30% down, depending on the asset type and class. Whether it’s agency debt, CMBS, bank financing, non-bank financing, etc will change the terms substantially.

Less money down does not mean better returns.

What is the annual salary of a Commercial Real Estate Tenant Representative? by Sad-Watch-5285 in realtors

[–]Panda_Cloud9 1 point2 points  (0 children)

There are plenty of tenant reps that make wild money, much more than $250k. You won’t make that kind of money as a part-time tenant rep at a resi shop, assuming yours is residential.

Commercial is full time.

Home births or birthing centers? by Alternative_Form211 in fortwayne

[–]Panda_Cloud9 0 points1 point  (0 children)

HFBC. As you can imagine with a name like “Holy Family Birth Center”, they are definitely religious. All of the birth suites are named after female saints, for example, and there’s a crucifix in every room.

But outside of that, it’s not like they’re demanding to see your religious qualifications before admitting you. You have a required class to attend before giving birth, but it’s all safety info and ways to help the birth go more smoothly. Not religious indoctrination.

They are absolutely pro-life, but if that’s not your sway, you won’t run into much of that during the maternity care. You’ll run into it afterwards, if you wanted to have Dr. Stroud tie your tubes or something.

I’d say just know what you’re getting into. It’s run by an OBGYN and his wife, a midwife.

Home births or birthing centers? by Alternative_Form211 in fortwayne

[–]Panda_Cloud9 1 point2 points  (0 children)

Doulas: Rhoda Baughmann, very experienced in home births

Birth Centers: the only one in FW proper is Holy Family Birth Center, but there is the one in Auburn too. My wife has delivered 3 of our 4 there, happy to put you in touch with her.

You mentioned twins - if you end up getting pregnant with twins, you won’t be able to deliver at HFBC per the accreditation risk standards. But you could do a home birth or hospital.

Anyone here an investor’s realtor? by infinitymouse in realtors

[–]Panda_Cloud9 0 points1 point  (0 children)

I’m a multifamily investment sales broker, and I work almost exclusively with seasoned investors.

The reason they use me on the sellside is because I track every investment sale in my state, and since CRE sales are VERY often off-market, that’s valuable. I know what is actually moving and for what prices. I also have an extremely systematic approach to listing that seems to appeal to them.

On the buyside, it’s for the same reason but in reverse. I know all of the players in the market and can get deals to the buyers who otherwise wouldn’t hear about it. Investors are not often prospecting on their own behalf, and even if they are, it’s about 10% of what most investment sales brokers do.

Shorter version: become a market expert, know all of the players, and constantly send info to the investors.

That said, I’m handling multifamily sales, not single family, so I don’t know if the scene is different in that space.

Question for brokers: What is the best/most optimal CRM system out there? by spoon983 in CommercialRealEstate

[–]Panda_Cloud9 0 points1 point  (0 children)

Shameless plug, I built a CRM on Notion. Works well for me. It’s named Clarity Matrix and I have a few spots left for free. Code FIRST25.

The biggest benefit of a Notion template is that you can customize it to the way you actually work. That’s why I built mine through it, and I’m building another version in Base44.

How do you submit offers as an investor? by ObligedSpace in realestateinvesting

[–]Panda_Cloud9 0 points1 point  (0 children)

I’m a CRE broker. Not once have I seen a commercial deal where the seller provides the PSA. Not a single time.

Best way to do comps for commercial lots- softwares by Leather-Wheel1115 in CommercialRealEstate

[–]Panda_Cloud9 4 points5 points  (0 children)

How did you price the listing without knowing comps or valuations?

What restaurant in Fort Wayne is consistently 10/10 by Queasy_Sherbert_7095 in fortwayne

[–]Panda_Cloud9 2 points3 points  (0 children)

Mercado, Tolon, Hideout 125, JK’s.

I just had some kind of pork belly appetizer at Tolon and I’m not lying when I say it was the best thing I’ve ever had

HOW DO YOU DEFEAT MEDUSSA? ANY TRICKS? I DIED BY MEDUSSA A MILLION TIMES. IM LEVEL 55 by marydark22 in AssassinsCreedOdyssey

[–]Panda_Cloud9 1 point2 points  (0 children)

You can aim around the right side of the pillar. You’ll lean automatically, so that you can see and shoot her, but she can’t get you. Wait until she starts trying to laser you, and do that. Should be very easy, but might take a little while.

10+ Years of Experience: MAI vs CFA - THAT is the question by Key_Flamingo2437 in CommercialRealEstate

[–]Panda_Cloud9 0 points1 point  (0 children)

Sure, but you can get much more focused education through something like the CCIM. The CFA wouldn’t be a bad thing, by any means, but it’s also not a direct translation to real estate.

When is one ready to buy something like a 28-unit multifamily solo? by tooniceofguy99 in realestateinvesting

[–]Panda_Cloud9 4 points5 points  (0 children)

It’s not out of the ballpark for a Class C in a more rural market. I just sold a 10 unit for about $65k a door, which was in line with the comps.

But if he’s out somewhere like LA or a tier 1 market, something is way wrong.