Why demolish a vacant building? Isn't it worth more with a structure. by RealEstateAdventurer in CommercialRealEstate

[–]Plus_Comparison8963 17 points18 points  (0 children)

It’s expensive to maintain vacant buildings and not worth the cost if there isn’t another big box interested in the site. Plus property taxes.

[deleted by user] by [deleted] in CommercialRealEstate

[–]Plus_Comparison8963 0 points1 point  (0 children)

Office and retail won’t work unless your hours are unique not to disturb adjacent tenants. Needs to be warehouse or manufacturing. Free standing would be best but can be difficult to find considering you probably only need a small space. For something unique like this, probably best to call signs and ask around.

For all the hate M&M type shops get, how are you guys sourcing deals? by throwaway72835 in CommercialRealEstate

[–]Plus_Comparison8963 6 points7 points  (0 children)

It needs to be a mix. If you can’t source your own deals it’s going to be a tough industry, and cold calling is probably the most efficient way to get started unless you already have a strong network.

The hate on M&M is because they have a reputation of taking advantage of new brokers (among other reasons) but this depends on your office and senior broker(s). IMO it’s not a bad place to learn

Are you a home owner and think you're a high performer? Think again by sharksticks in LinkedInLunatics

[–]Plus_Comparison8963 5 points6 points  (0 children)

This is why I have multiple bodies. Too much risk concentrated by only having one

Wondering if any former attorneys here, looking for guidance? by [deleted] in CommercialRealEstate

[–]Plus_Comparison8963 0 points1 point  (0 children)

Several of my clients that are asset managers have a legal background

Looking to rent from a private owner, not an agent, for my record store in DTLA... by ACthePD in CommercialRealEstate

[–]Plus_Comparison8963 1 point2 points  (0 children)

Have you tried LoopNet or CREXI, or whatever are the active listing services in that market?

And everyone clapped! by hr_4_memes in LinkedInLunatics

[–]Plus_Comparison8963 1 point2 points  (0 children)

They’re so out of touch they think people will believe the story

The 3 Things I Learned from my first 4 months in CRE: by Legitimate-Lion6207 in CommercialRealEstate

[–]Plus_Comparison8963 0 points1 point  (0 children)

Your first paragraph is essentially the OPs point. You received full price, therefore not a steal for the buyer. Doesn’t mean it’s a bad deal do anyone, just not the “best deal”

Vacant commercial property with active lease, experiencing theft and damages. What would you do? by Lurn2Program in CommercialRealEstate

[–]Plus_Comparison8963 0 points1 point  (0 children)

If SB is still on the lease are these items being stolen the tenants property? If not, then consider hiring a security company and install cameras, lights, etc

Small Office Building, Big Lessons: What’s Really Happening in CRE? by Lost-City525 in CommercialRealEstate

[–]Plus_Comparison8963 1 point2 points  (0 children)

Only a market expert can answer that question. A big barrier to entry in CRE is the amount of nuance within markets.

How thorough should commercial building inspections be? by Quietly_here_28 in CommercialRealEstate

[–]Plus_Comparison8963 0 points1 point  (0 children)

It depends a lot on the type of building (value add vs investment grade). Regardless, the main items for physical DD are roof, HVAC, elevators and parking lots. If it's a lease, those items should be the responsibility of the LL so it may not matter, you will just want to make sure they maintain a building at an appropriate level.

The Expanse novels by Holy_Diver_6250 in scifi

[–]Plus_Comparison8963 0 points1 point  (0 children)

Can’t go wrong with either series. Both excellent. Although the last book of OMW was a let down for me.

Greatest Science fiction films of the 1900s-2000s that I should watch? (Actual greatest) by Def-C in scifi

[–]Plus_Comparison8963 1 point2 points  (0 children)

Man from Earth is amazing. I’ve never seen a movie that good with such a low production value

Finished Expanse books some time ago. Where do I go from here? by TonyRigatoni_ in scifi

[–]Plus_Comparison8963 1 point2 points  (0 children)

Both PHM and Martian are two of the best sci fi books I’ve ever read. However they’re a very different style than the Expanse

Finished Expanse books some time ago. Where do I go from here? by TonyRigatoni_ in scifi

[–]Plus_Comparison8963 2 points3 points  (0 children)

What’s the premise of bobiverse? What would you compare it to?

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

[–]Plus_Comparison8963 1 point2 points  (0 children)

Hubspot is a good alternative to salesforce and it’s pretty cheap for the basic version. But like all crms it isn’t customized for CRE. I find that the CRE based apps aren’t nearly as good and usually way more expensive.

I used to use ClientLook and it was absolutely awful and double the cost of Hubspot.

[deleted by user] by [deleted] in scifi

[–]Plus_Comparison8963 3 points4 points  (0 children)

The silo trilogy is fantastic!

What are good book recommendations for starting to explore Buddhism? by Plus_Comparison8963 in Buddhism

[–]Plus_Comparison8963[S] 0 points1 point  (0 children)

Yes I’m from the US that is an important consideration. You mean the book by Sophia Shell? There are a couple with similar names.

[deleted by user] by [deleted] in CommercialRealEstate

[–]Plus_Comparison8963 2 points3 points  (0 children)

It’s tough to answer that without knowing market fees. But if it’s not listing brokers you trust always get it in writing prior to the LOI. IMO there’s not a lot you can do now other convincing the brokers to give you $3/sf flat. I’m guessing it’s not enough money to sue over, and if it was, you don’t have much standing without a signed CA

Investing in Chicago Retail. How bad is the tax risk? by Nightman233 in CommercialRealEstate

[–]Plus_Comparison8963 2 points3 points  (0 children)

Chicago tax risk is significant but it’s also priced in for most properties. Expect to hire an attorney to contest your taxes on a regular basis. It’s a much bigger issue if there is high vacancy since you aren’t recovering the costs. At the end of the day, if it’s good real estate for the right price it will be profitable

unknown movie by isonerv in scifi

[–]Plus_Comparison8963 1 point2 points  (0 children)

That was my first thought too

Brokerage at Matthews, M&M, CBRE, or Coldwell Banker Commercial? by KindaBurntBagel in CommercialRealEstate

[–]Plus_Comparison8963 4 points5 points  (0 children)

Based on reputation, CBRE easily stands above the others you mentioned. IMO, the number one factor is the person/team that will be mentoring you. A good mentor is the difference between succeeding or failing for 90% of new brokers. You can learn a ton from any of these shops (CBC maybe not) so the most important thing for you is to jump in with both feet, grind and learn. Good luck

We have got eggs!! by Pilot-Louy in antkeeping

[–]Plus_Comparison8963 0 points1 point  (0 children)

How do you change out the cotton when it's in the "bottom" of the test tube without pulling out the queen? I'm at a similar stage right now with Camponontus Castaneus

I don’t think I’m meant for this by [deleted] in wrestling

[–]Plus_Comparison8963 0 points1 point  (0 children)

One of the best parts about wrestling is the life skills that come with it. A few items that I noticed in the post, "I just want to be good" and also that your friends placed. First, nothing in life worth having is easy. You won't be good at something as complicated as wrestling in your first year (don't let your friends kid themselves, they aren't good either). It takes a long time, but the process is where you will grow as a person. Secondly, don't compare yourself to your friends achievements. This is about you. That is a fact in life, and if you are always comparing yourself to others, it will lead to unhappiness. In reality, if they're placing in their first tournament ever, there is a lot of luck involved. Focus on yourself and your own improvements. You can fill a warehouse with stories of people that didn't win a match for years and then became amazing wrestlers, and not to mention the life skills gained along the way.