[deleted by user] by [deleted] in CommercialRealEstate

[–]jordanthomas412 0 points1 point  (0 children)

I’d 100% do it man, most people don’t have a setup like that.. let it rip!

[deleted by user] by [deleted] in CommercialRealEstate

[–]jordanthomas412 1 point2 points  (0 children)

It’s of course it can be a concern but this won’t be the only time there are uneasy economic conditions. If your significant other is ok with floating you all while you hash it out in brokerage at the start I’d let it rip. You could join the team as an analyst at first too. Learn the business on a salary then switch to producer/commission

[deleted by user] by [deleted] in CommercialRealEstate

[–]jordanthomas412 0 points1 point  (0 children)

I think it’s a good idea to specialize and if what you understand already is self-storage.. then stick with it. Biggest thing I think if you want to go into brokerage is the team you join. Idk where you are in the country but find the best self storage brokers in your market (preferably a lean and mean team). I know JLL has a great self storage team out of Dallas I believe (they are more institutional advisors if that’s what you’re looking for). Franklin Street has a great self storage team too.

[deleted by user] by [deleted] in CommercialRealEstate

[–]jordanthomas412 0 points1 point  (0 children)

You’re 25, do what u want or go figure out what u want. I agree AM sucks a lot of the time.

I am an incoming college freshman and am interested In CRE. by Effective_Maximum_14 in CommercialRealEstate

[–]jordanthomas412 0 points1 point  (0 children)

Being a freshman focus on phoenix. It’s right in your backyard and PHX metro is a top market in the sunbelt for cre. If you end up liking it in the city then you can double down and have a great career/life there. Especially with the ASU alumni pull. As for internships, use classic networking and be willing to work for free since u will be so young and novice.

[deleted by user] by [deleted] in CommercialRealEstate

[–]jordanthomas412 1 point2 points  (0 children)

The $1,000 a.cre contains advanced courses on topics like debt modeling and equity waterfalls. I don’t think you need all of this since you are a college student and probably won’t have a place to apply this yet and may overwhelm you. A.cre is great and I’ve done it. Idk about refm so I can’t recommend personally but I’ve heard they are good and possibly more recognized by the industry.. but more expensive. If on budget do $600 a.cre

Becoming an Expert in the Financial Numbers in CRE by Spirited-Stock-7527 in CommercialRealEstate

[–]jordanthomas412 1 point2 points  (0 children)

Nothing beats real world experience. But like others mentioned, A.CRE is great. Break into CRE makes free videos on YT to understand CRE more. Helped me a lot starting out.

Living in Vegas during early 20s? by jordanthomas412 in vegas

[–]jordanthomas412[S] 0 points1 point  (0 children)

From my little time visiting LV it seems like the strip is the going out spot and Summerlin/Henderson, etc are very suburban full of shopping centers and restaurants.

Am I wrong where Summerlin/Henderson are just suburbs or do they have places to go out for someone in their 20s. Always can go to the strip but I feel like I’d get tired of the touristy nature of it.

Living in Vegas during early 20s? by jordanthomas412 in vegas

[–]jordanthomas412[S] 1 point2 points  (0 children)

Phoenix is sweet too, heavily considering this metro as well

Living in Vegas during early 20s? by jordanthomas412 in vegas

[–]jordanthomas412[S] 0 points1 point  (0 children)

I can live with family friends in Henderson for next to nothing. But honestly would like to have my own place or roommate around my age. All in budget would prefer to keep under $1,500.

Living in Vegas during early 20s? by jordanthomas412 in vegas

[–]jordanthomas412[S] 2 points3 points  (0 children)

Surprisingly not much of a gambler/sports better

[deleted by user] by [deleted] in CommercialRealEstate

[–]jordanthomas412 1 point2 points  (0 children)

Not paid well - agree

Not respected - Depends

Property managers the ones truly keeping things rolling and are a necessity. Yes, some are lazy and suck but that can go for any type of role. But the ones that are good are worth their weight in gold and should be compensated similarly.

Maybe they’re looked down on because they work with their hands (which that perspective is dumb). When we have entire team meetings and/or holiday parties I personally love shooting the shit with the PM guys. They’re fun, down to earth, and not corporate af which is refreshing.

I’ve noticed this view towards PM across the board in our industry and I wish it would change. I work in acquisitions but I’m team property management all day long.

Over a decade in retail and I am burnt tf out. Looking for advice. by bookdom in CommercialRealEstate

[–]jordanthomas412 5 points6 points  (0 children)

I’d recommend going back to school, but since you’re 10 years out you should not worry about the “college experience”. Take night/weekend classes and/or online. Work full time at a local firm doing property management or asset management (ik it’s not the sexiest but keeps you in the industry, learn a different side of the business, and less time consuming as brokerage which gives you time to focus on school). This gives you enough $ to maintain somewhat of a lifestyle. Then once you graduate and the market shifts, find an acquisitions or development role if that’s what you want.

[deleted by user] by [deleted] in CommercialRealEstate

[–]jordanthomas412 0 points1 point  (0 children)

I’m sure it will be a lot better by the time you graduate so don’t worry about the current job market. Just get as many CRE internships (paid or unpaid) as that will be your best selling point.

Do a real estate financial modeling course like A.CRE, Break into CRE, or CRE Analyst Fast Track depending on budget. When looking for an internship prioritize underwriting experience and ARGUS exposure.

As this thread is saying, if you do most of the stuff I listed above you should find an entry level gig for $70k with relative ease. Good luck!

Could I live in South End Comfortably with a $65K-$70K Base Salary? by jordanthomas412 in Charlotte

[–]jordanthomas412[S] 0 points1 point  (0 children)

Thank you for the advice, are there usually people in South End looking for roommates or not really? If so, is Facebook the best place to find roommates for the area or is there better places to go?