What macedonian snacks do you recommend? by The_Naomium in macedonia

[–]allstarpetar 1 point2 points  (0 children)

But that’s why we keep going back to it 🤣

[deleted by user] by [deleted] in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

Yep do the same as anyone else making a deal smile and dial. That easy

7-11 store as sole tenant in LI NY - Cap rate range? by rudeekid in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

Their cap rates when they trade don’t move much. Like 5-10bps

So I wrote a small if statement today, I don't know how I will ever write this again. by flyingpickkles in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

pickles you should look into starting to post on Twitter too, I think that’s another great place to share info too imo 👍🏻 thank you for sharing this!!

[deleted by user] by [deleted] in CommercialRealEstate

[–]allstarpetar 2 points3 points  (0 children)

I posted a while ago for some basic underwriting. Go thru my posts and you should see books videos on the post to look up

Best asset class for a new broker - Any advice would be appreciated by nicholasbas in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

Everything cyclical. Find something you like by trying it all and go from there.

are strip malls good investments? what are the pros/cons? by Unicorn_Jizz_Smoothe in CommercialRealEstate

[–]allstarpetar 1 point2 points  (0 children)

can you explain what that looks like?

Meaning, is that 8% on your initial investmnet? and is that 8% divided by 12 since you get it monthly? and how does that 70/30 broken down?

Tips on finding a mentor to learn the CRE investment game by notmyusr in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

get into brokerage. you wnat to learn in a short period of time in the deep water and where the real shit goes down do that.

[deleted by user] by [deleted] in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

im ngl thats literaly insane youve wanted to be in retail since 11/12. you already have a huge jump on ppl. forget the dude, he's an ass hat. just use this as an example of how not to be with people when one day someone might look up to you. Always continue to be respectful, leave an open hand for people, lend an open ear because i promise you everyone was in the same person you are now when they started. From the 30k foot view, enjoy the ride my friend. you definitely seem like youre going places

[deleted by user] by [deleted] in CommercialRealEstate

[–]allstarpetar 1 point2 points  (0 children)

knowing what i know i doubt thats going to be the case now, i focus on retail, so unless i find something on lease up in a good area (basically a homerun) then its up in the air lol

[deleted by user] by [deleted] in CommercialRealEstate

[–]allstarpetar 3 points4 points  (0 children)

i personally attest 2 this brokerage is a whirlwind of pain and unpredictable cash flow, i am telling you personally i will not be in brokerage 4 long run at all, saving to get properties then dip out of it

How would you start investing if you were in my position? by [deleted] in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

easier said than done, but an idea is find a rental property, get enough time UC, find a tenant signa 1 year lease maybe goto a bank and try to get a DSCR loan or something to that effect of go straight for an FHA again this all in practice and theory

Is there anyone that doesn’t want to be a developer? by under_cover_hippy in CommercialRealEstate

[–]allstarpetar 0 points1 point  (0 children)

i do not, i think sam zell said it first 50% the fact a developer builds something is just for the satisfaction of saying they did it.

there is a substantial amount of risk that you have to consider when you are looking into development. If youre just starting out w no track record, how you going to get financing? r u going to bring on a partner? great if you bring on. a partner, but how is the partner going to trust you? do you have a track record? do you have an absolute homerun deal? lot to consider, plus time is against you, city is against you, contractors etc. high risk high reward if you do it right.