Mikey

@bethanyjbabcock @jacobmorganbiz Correct

@jacobmorganbiz Because investment sales agents are transferring value, not creating it. Several are qualified to transfer the value but only the one with the tenant in tow can create it. The compensation is structured accordingly

I know leasing agents making $500-600k on tenant rep retail deals that add $22-$27m of value, yet I know investment sales brokers selling $200m assets and only able to secure $1m fees (before commission splits). CRE is a weird business

@sweatystartup What is it and why is it a scam? Seems pretty straightforward, your family gets taken care of in the event you pass. Are they bad policies?

Just found out a good friend of mine got sold whole life insurance. Makes my blood boil. Poor guy - what a scam!

@PatCarino Can't tell if serious or not. I wouldn't want an ID who's moonlighting as a broker....

Quarterly reminder to consultants reaching out cold: if you want my business, bring me deals

@JMGregorchuk I just paid $500 last week in FL

My wife is getting more and more pissed off with California. I dont know how much longer we can hold out for... Today it was the $500 car registration bill.

@ZherkaOfficial Are you not embarrassed as a man to need GLPs to stop shoveling food down your throat? Why not do something you can't naturally, like MT2

Retatrutide is the great equalizer

@PatCarino My unsolicited opinion is that you can do both. Judge yourself on absolute performance, not relative to competitors. Just because they view the world as a one-micromarket box doesn't mean you can't master multiple

I go back and forth with myself on whether I want to cover the large market I do - New Jersey to Boston. Some of my competitors cover just ONE county, such as Westchester, NY, within that region compared to the literally 100+ I’m looking at deals in. The biggest advantage of a narrow market is that you can go deeper with relationships and be more of “the guy.” There is a guy at Avalon who covers NJ and does this well. The biggest advantage I see for the huge geographic coverage is the ability to pivot to a new submarket when one is acting up. Statewide rent control scaring literally every LP out of Mass? Shift to NJ. New flood elevation rules and pulling back on PILOTS in Jersey? Head over to Westchester. Gas moratoriums in Westchester? Tell the analyst to start making cold calls to the CT list.

@iq_snowman @aincomeinvestor How does it feel being the dumbest guy in the room

@squizzencapital @aincomeinvestor "universal law" oh brother 🤦‍♂️

I will never delete reddit.

@AntonSinclaire @aincomeinvestor You don't even know how much a Ferrari costs you idiot. Please stay out of my mentions

@squizzencapital @aincomeinvestor are you braindead? "hey if i inherit 4 million through no work of my own, is it smart to buy a 500k car immediately?" and you think the answer is obviously yes???

@iq_snowman @aincomeinvestor Still wrong, you idiot. Inheriting $5M at 35 = Ferrari; that is a universal law. NOT buying a Ferrari puts you $150k ahead, but otherwise you're in-line with peers

@squizzencapital @aincomeinvestor Obviously. That's what it means to inherit something lol. You said he "deserves it for himself" to buy a ferrari. That's just incorrect. But yes, it is his money. Good job on understanding that part.

@Reiwholesaler Yes it is. Everything we do is judgement based. Every professional is solving toward the most likely outcome and some may be too honest, but don't hold it against them

Inspector on a flip I was looking at said the foundation was "probably fine" Probably fine is not a category in structural engineering

@iq_snowman @aincomeinvestor Ok Stalin. It's his money.

@squizzencapital @aincomeinvestor he deserves it? someone died and over $4M just spawned into his bank account. if anything, he deserves to not be able to touch the money for at least a year unless for investing and growth purposes.

@xtrabenis @JanSierada @aincomeinvestor Yes lol a Ferrari is a significant amt of $$ thank you

@squizzencapital @JanSierada @aincomeinvestor A Ferrari by itself is going to be a significant amount of money without even considering insurance and maintenance. Depending on the model it might lose some or a lot of it's value over the years. Stupid thing to spend inheritance money on.

@JanSierada @aincomeinvestor You're an idiot

@squizzencapital @aincomeinvestor It’s clearly not enough money

@resetbasis @PlankReturns Someone RE guy blew up a few months ago too and everyone on this app was so quick to make fun of him and point out the mistakes. It reeks of mental masturbation Not saying they don't deserve to be made fun of but the way ppl here do it is kinda off-putting

Literally only the worst people on here are coming to Scott Everett’s defense. But then again, RE Twitter has always been run by a bunch of scumbags.

@S_HennesseyGD According to the ppl on here, it was bad form for you too even own a sleepy hollow cover to begin with if you weren't a member!!

Golf dilemma: You played as an unaccompanied guest at a private club and left a headcover there. Do you call the course the next day and track it down, or not be a nuisance and just let it be lost? (It’s a puttercover from my favorite course, Sleepy Hollow)

@willnyguifarro1 I think it's just flexy compared to poor on all fronts. Like "at least I have this"

Asset rich and cash poor is not the flex you think it is

@RandallHouseRE Just a guess, but most of the affluence moving to FL wouldn't be part of the trad'l high paying job market. Most of them don't even have a LinkedIn or anything

@squizzencapital My main question around FL always goes back to depending what area how many high paying jobs are there and will continue to be there. A lot of other areas of the country are seeing better growth trends and migration of actual high paying diverse jobs

Some June Bentonville, Arkansas closings. Prices are wild — $576 PSF, $816 PSF. Market is moving.

@thecruice Someone needs to have a similar "sit down" with you to teach you how to run a business. Hint: you talk about pricing BEFORE you sign up your consultants

Don’t hire friends.