Mark Allen (@markallengrea) 's Twitter Profile
Mark Allen

@markallengrea

Multifamily and BTR Sales Broker at GREA | Sharing Insights to Help CRE Pros

ID: 110482996

linkhttp://www.grea.com calendar_today01-02-2010 18:16:39

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I started buying physical gold in 2016 at $1175/oz. A little bit each year maintaining about 5% of my portfolio in precious metals. This year, I’m reallocating 30% of my portfolio to gold/silver and 10% to $BTC. I’ve been sitting 20% in cash and I regret that.

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Last night at a client dinner I learned there’s a whole different level of “problems” in the world: • A yacht in the Mediterranean that rents for $250k/week but it’s constantly in maintenance for repairs • A pothole that caused a $1M+ diminished value claim… on a Pagani • A

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I wholesaled a home in 2014. I didn’t disclose that I was assigning the home for a profit. Although I was solving the Seller’s problem, it felt really scummy. Are there any wholesalers out there that are up-front with Sellers about assigning contracts for a profit?

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I’ve heard real estate investors say, “We need a new Fed chair who will cut rates.” But cutting the Fed Funds Rate doesn’t always mean lower borrowing costs for fixed-rate real estate or autos. Why? Fed Funds is an overnight rate. It impacts short-term borrowing and the

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A broker quoted in a recent article on a Dallas sale, “I knew that in order to get the highest and best price, it had to be a group that was vertically integrated, that would make their money back on fees.” 🤫

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In hindsight, some of the smartest moves operators made this cycle were ripping the bandaid off - Selling deals they couldn’t refi out of their bridge debt as quickly as possible. Sometimes the best way to protect capital is to stop the damage early.

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Is there a creative structure that real estate buyers use in California to minimize or eliminate reassessments? Something like an entity sale in Texas.

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Everytime I drive by Las Colinas in DFW and see the swath of multifamily built in the last 15 years, I can’t help but think that in 40 years it’s going to be Class C, low income area.

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I haven’t posted a single “just closed” tombstone this year. Not because we aren’t closing - we’ve closed 28 multifamily deals to date. But because I don’t think it adds much value. Most CRE broker seems to only post listing and closings, and few explain the why behind the

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Do you think a sales broker should get paid for making an equity introduction in today’s market if the equity group ultimately fills equity needs for the operator?

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A friend recently asked me about the earnings potential in real estate brokerage. I told him that most brokers take home less than $500k per year. On top of that, the business can be volatile… great years followed by lean ones. He shot back with a fair question: “Then why

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Men: Take notes from my 4 year old son. This morning, he told my wife she looked beautiful. I received a report from his pre-school teacher. He said, “You know the best day of my life?” And she said what? He said “The day I met you.”

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In every negotiation, it’s not just price or terms. The real skill is knowing how to make the Buyer feel safe enough to take risk.

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Brokerage titles are tied to production over time. They reflect two things: consistency and track record. That’s why they matter to sellers deciding who to trust with a deal. For younger brokers, higher titles often come with stock options, better splits, or bonuses - a

Brokerage titles are tied to production over time.

They reflect two things: consistency and track record. That’s why they matter to sellers deciding who to trust with a deal.

For younger brokers, higher titles often come with stock options, better splits, or bonuses - a