This is the Americana at Brand in Glendale, CA A luxury shopping center that gets over 16M visitors per year. That's as many as Disneyland... And to get access to that many potential customers retailers are definitely paying a premium with rents above $300/SF NNN. Retail is

You know the world is in a bad place when there's a school shooting and you hear someone say "At least it was only 4 people and not more" I don't blame this person. We've all become desensitized to the loss of life. We get a daily dose of tens if not hundreds of people

If anyone has a sub $2M medical or retail deal they're trying to sell (on or off market) we have a buyer with 20 days left to ID that needs to buy. Good fundamental real estate requirement but will buy shorter term leases at a 6.75 cap+

Cashiers, If a customer is picking up a to go order and they don't tip does that make you mad or are you not really expecting a tip because it's a to go order? Asking for a friend.

Getting your real estate license is probably just a waste of time. Not sure when it started, but somewhere along the line it became generally accepted that everyone should "Get a real estate license!" I hear it all the time when I ask young people what they want to do. They

You'd be surprised how easy it is to model a 20%+ IRR to investors if you assume 200 bps of cap rate compression on a sale. BTW - you should probably never invest in a deal that assumes 200 bps of cap rate compression

If instead of spending $5 per day on coffee you invested that money in the stock market... Over a 10 year period you'd have $28,553 (assuming an 8% annual return) I choose coffee.

When you start making money Do yourself a favor and open either a high yield savings account (I used amex) or a liquid bond account. I missed out on over 6 figures of free money early on by keeping too much cash in my normal bank account. I could've bought a boat.

What's your number? The net worth number you need to hit

Forget brokers, attorneys, and wealth managers The most common complaint I hear from clients is that the one person they feel is overcharging them and/or giving them poor service is their accountant! Not saying all accountants are bad but there seems to be a pattern Thoughts?

As a healthcare tenant, choosing the right real estate partner can be a 9 figure decision Here's the story: Tenant gets a bid from Developer A to build a pipeline of 5,000 clinics. These are build to suit deals. Developer A tells the tenant the total cost per clinic will be

In Chicago on a quick trip Figured I’d hit up some clients and see if they’re free I start thinking through all of them and realize that none of them live in Chicago anymore… Most moved to Florida or California. Weird. Used to have 15-20 people I could meet up with here.

An M&A broker we work with recently closed on a practice sale for a physician group. When he first got in contact with the group, they had an offer for $8M on the table. He said he could help them get more. They were hesitant. The sale just closed for $22M with a majority of

Anyone provide property insurance on LA apartment buildings? I own a couple 6 units and need new insurance. Recently got quoted at $2.00/SF... which seems insane. LMK!

Most people get into brokerage to be lifestyle brokers. What’s a lifestyle broker? A broker that works 20-30 hours per week and still consistently makes $300k - $400k/yr. They typically also want to play a lot of golf. Objectively it’s a great life and I understand why

Credit enhancements are the holy grail of healthcare real estate investing. It's pretty simple, buy a building leased to a small operator and if their business gets acquired gain a building leased to a large operator. Consolidation in the healthcare space is everywhere, and

Humans started drinking coffee en masse during the 18th century. What also started during the 18th century? The industrial revolution. Coincidence? I think not.

A broker I know recently closed his first deal. Gross commissions? $1M He's in his early 20s. He showed up early, left late, and made 500 cold calls per week. He was rewarded with more money than many earn in a lifetime. This isn't the norm for brokerage, but it is possible.

Pro Tip: Never automatically shorten a person's name when calling them Robert is not Rob Steven is not Steve Jeffrey is not Jeff Michael is not Mike I actually don't care if you call me Mike, but a lot of people do and they might not work with you if you do.

My buddy is a fitness influencer/trainer He has 20-25 clients that pay him $1500/month for fitness and nutrition advice He has one VA who manages his emails/texts And makes $400k/yr doing something he loves Its never been easier to monetize your passion than it is is in 2024