Anyone had to relocate a 48’ cmp storm water pipe on a property and if so what did it cost you? Pipe is 200ft long, buried 1 ft under the soil and I need to move it 50ft and connect with RCP on both ends to the city pipe. Trying to get ball park figure of what it will run. submitted by /u/Pencil-Pushing [visit reddit] [comments ..read more

I'm currently working a deal for building a resort-style condominium complex in the Caribbean. The deal looks really attractive and I'm looking to move forward. I have financing options lined up but I need working capital to fully realize them. I'm planning to do some fundraising from friends, family and coworkers but I'm struggling to understand what waterfall structure makes sense. It really seems like I would be basically giving up the majority of my profits to my investors for a very small percentage of the deal. To give some more background, the property is going to house roughly 450 con ..read more

Hi, I’m looking to transition over to the commercial real estate side. I’m interested in any position really that isn’t sales or on the brokerage side. I currently have my NJ real estate license and have been at my job for about 9 months. I’d be looking to hopefully switch jobs at the 18 month mark I’m interested in hearing about the positions you guys currently hold, your job satisfaction, and how I can position myself to directly transition into a role on the commercial real estate side submitted by /u/bluescluus [visit reddit] [comments ..read more

We have been approved for a commercial lease. Supplied all of our financial info, tax returns, etc. We just received the contract for the retail space. It says we must supply them with semi-annual profit and loss reports of our business. I have never heard of this before and seems very much over controlling and frankly none of their business. We gave them stellar financials, providing cash for our build out and even have the backing of another corporation. Is this common? submitted by /u/Chfrat160 [visit reddit] [comments ..read more

Hey guys! Just curious, why did you guys choose to have a career in commercial real estate? Was it just for materialistic things like money and prestige? Or, was it for other reasons like you get to make a big impact on society, it’s a sector that keeps the world moving, and you enjoy working on large projects? I enjoy the collaboration aspect of it and climbing the ranks to make bigger impacts on society. Would love to hear why you are in CRE! submitted by /u/Sakshizz [visit reddit] [comments ..read more

Hi, About 10 months ago I was hired by a company to handle the property management for their apartment building and commercial portfolio. I am the only property manager on staff (no asset manager or anyone else in the office doing real estate) but the apartments has building managers luckily but the commercial portfolios building operator was not hired as the previous one left. When I started really the only info about the buildings was about the rent rolls and tenancy agreeements. No past history of the building, no repair and maintenance info, no trades info. Essentially the buildings were ..read more

In the mobile home park space and we're looking for a software to manage our LPs, their documents and communication. Currently have 1 property we're managing and another one under contract. What are some that are priced well for projects under $5MM. submitted by /u/StangerHarpy137 [visit reddit] [comments ..read more

I want to start off by saying I love the grind and dedication it takes to succeed in this business. I have no inclination to skim by and live off the work brought in by others but my mentor's guidance has been limited to nonexistent. The asset classes I specialize in are land, industrial and office in Southwest Florida. With literally no guidance besides "just call owners and offer a BOV" my cold calling skills after a year as a broker are terrible. My "mentors" do not allow me to sit in on calls nor do they include me in the steps of acquisition or disposition of properties so I have gained ..read more

I am doing some research about buyers who visit agents websites. View Poll submitted by /u/Slanleat1234 [visit reddit] [comments ..read more

I want to start off by saying I'm interested in the grind and dedication it takes to succeed in this business, I have no inclination to skim by and live off the work brought in by others but my mentor's guidance has been limited and the deals that I'm brought in on are only leasing with a gross commission split of 50/50 with mentor #1 or 30/70 with mentor #2 before I pay the house an additional 50/50 split on my proportionate share of gross commission so I only net 15-25% of any shared deal value. I'd like to focus on the land, industrial and office asset classes in my region of SWFL. My inte ..read more