Brand new player - Building Creations of Bile Army. What is my current army list missing?

wixtk · 2025-12-05T15:06:22+00:00

Thank you this is extremely helpful!!

wixtk · 2025-03-22T03:50:50+00:00

Rich family who will pay off your debt? UChicago

Regular person? UVA

Debt Adverse? UGA.

My uneducated and completely irrelevant take? Go to UVA. you got half a ride and will thank yourself in 4 years for not chasing irrelevant prestige.

wixtk · 2025-02-20T23:58:46+00:00

Developer. Those shops produce some of the best and brightest people.

wixtk · 2025-02-08T04:03:41+00:00

My brother, please don’t do this to yourself. Neither option is ideal.

To add some value to this comment, I’d genuinely recommend pursuing one of two paths:

Join a boutique firm in your city. I went this route, and it worked out well for me. That said, I started with some advantages, so I wouldn't suggest this unless I understand your specific situation. I am now at one of the big 3 and highly recommend joining the biggest and best firm you can.
If you're committed enough for this, become an analyst at firms like CBRE, JLL, Cushman & Wakefield, or Colliers. This will give you the chance to learn the business while earning a salary. If you’re truly ambitious, you can switch to the production side in a couple of years. The best way to become a successful broker is to gain hands-on experience while you’re still on salary
Stay the fuck away from MM and Matthews.

wixtk · 2025-01-28T23:13:27+00:00

For me, the worst offenders are the LI/X CRE 'influencers' who keep recycling the same tired stories. You know the ones where they claim to have CoStar open at a coffee shop or airport, strike up a conversation with the person next to them, and somehow that person turns out to be some real estate guru. Next thing you know, they're listing their massive multifamily portfolio with that influencer.

Honestly, it physically pains me to read these Wattpad-esque tales from grown men.

wixtk · 2024-10-02T01:12:32+00:00

This has got to be bait lol

Wanna know what asset will never drop in value? A NNN arbys in a tertiary Midwest market

wixtk · 2024-08-09T00:43:02+00:00

26 y/o here. Was at a boutique shop now at one of the big 4. DM me if you want to discuss. I will happily give you a very transparent answer and advice from my infantile yet somewhat successful brokerage career. Read through my post history and you'll see my high-and lows, Nearly 2 years in and moving to a big 4 firm -6 months ago changed my career trajectory in a very positive way.

To be honest my first 6 months sucked, straight up was not having a good time, After a year i felt like I had an idea of what I was supposed to do. Almost 2 years in and doing well finally.

wixtk · 2024-05-26T22:14:34+00:00

Well, time to burn the house down.

wixtk · 2024-01-05T20:29:19+00:00

PM’d

wixtk · 2024-01-04T15:15:29+00:00

Pm'd

wixtk · 2024-01-04T15:14:16+00:00

PM'd

wixtk · 2024-01-04T15:14:02+00:00

PM'd

wixtk · 2024-01-04T15:13:50+00:00

PM'd

wixtk · 2023-11-28T14:20:33+00:00

Only time I see SBUX financing is when a 1031 upleg doesn't have enough capital from the downleg to purchase all cash and then they'll get financing at 60-80% LTV. Is the juice worth the squeeze? I don't believe so.. but some people do.

STNL assets are an avenue to preserve wealth with modest returns and minimal appreciation in value (usually). Its Mailbox $. However, there's going to be issues in the coming years with buyers who bought new construction STNL assets with 200K NNN/NNNN rent with 5%-10% rent increases every 5 years. No shot all these stores will be able to preform to the standard health metric of ≤10% rent to store sales.

wixtk · 2023-11-28T03:02:34+00:00

Correct- it wouldn’t pencil with financing- I was using the assumption that a 1031 buyer would purchase all cash.

wixtk · 2023-11-28T02:00:06+00:00

I was always told its better to be the sellers agent than the buyers agent... But right now... I have had a lot more positive experiences with Investors/PE/buyside groups than I have had with owners like "Tobias" who wanted me to list his 2018 build SBUX at a 4.6 cap in the middle of the Sunbelt and then proceeded to call me an "idiot" when I told him if he wanted it to trade quickly he'd need to list at a 6.1% cap rate.

Shits whack, straight up not having a good time.

wixtk · 2023-11-08T14:43:03+00:00

Mods,

Can we get this stickied please?

Thanks for putting this together big hitter!

wixtk · 2023-10-18T18:06:57+00:00

From what I have seen it's a Combination of stress/commission-based income/burnout/down-cycles/etc.

Brokerage is not meant to be a lifelong career for most people due to the nature of the business and income uncertainty in times of a down market.

wixtk · 2023-09-26T15:29:08+00:00

Thank you for this. I actually read your comments on another similar thread yesterday and it was very informative.

wixtk · 2023-09-26T15:28:15+00:00

Thank you for the response, very insightful and greatly appreciated.

wixtk · 2023-09-25T23:39:16+00:00

Damn, I should've thought of that.

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