C A P R A T E C R A I G
@capratecraig
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Just trying to cover my draw 💳
California, USA
Joined August 2020
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Pinned Tweet
this is going to sound corny as hell, but stay with me for a second.
cre brokerage is a very mental game.
a lot of the time you’re competing with yourself more than with anyone else in your market.
when things are good, it’s easy to get in your head that
A.) you’ve
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I swear to god these properties come with a Twitter account at close of escrow
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1K
Thought this one catered to my Twitter audience a little better
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no one.
not a single person.
industrial brokers on linkedin:
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I’m hearing reports that Goldman is actually pivoting to be a commercial real estate brokerage.
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The pursuit of higher cap rates can be a son of a bitch
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Storage bros when they see a shitty metal building in a tertiary market
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the amount of people who buy houses and don’t understand how property tax works blows my mind
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there’s only one account i think can stop the madness
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“Nah we’ll definitely still have time to push rents and get out before rates increase..”
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imagine if everyone showed up to the Gala hosted by
@realEstateTrent
and
@BobKnakal
and it turned out to be one of those high pressure timeshare sales presentations
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Senior brokers when the deal closes and they’re about to take 80% of the commission for doing 10% of the work
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how to grow on X:
get a time machine and go back to 2016 and make your whole personality tweeting about shitty self storage properties in tertiary markets.
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posting cool shit used to be the norm here. now it’s just a bunch for 28-40 y.o. dudes engagement baiting each other while they brag about sitting in cold baths while all producing the same brain dead newsletter concept
(the promote excluded because that is legit a work of
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me waiting in the vacant suite for the prospective tenant to arrive
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will this developement get to the climax, or will the developer have to pull out before the money goes hard?
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POV you sold your company to a PE shop but kept real estate
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sunbelt multifamily LPs getting another capital call after being told the pain was over
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Quick word of advice for any young people getting into CRE brokerage. The titles people have in brokerage 110% do not mean shit like they do in other industries. We’re literally just out here assigning titles for shits and gigs.
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you’re in her DMs
i’m wiping out her dad’s entire LP position.
we are not the same.
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Bryce, 23 yo, from Newport Beach, “owns real estate development firm*”
*does not own the company, his dad owns it and he sometimes shows up to sit at a desk
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this is what the big investment sales brokerages mean when they talk about their “culture”
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No one.
Dudes on Twitter when they read a tweet about how many cold calls another dude makes
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RE developers after getting their project approved after 5 years of fighting 80 year old NIMBYs
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if newspaper comics were about investment sales brokers
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Happy Father’s Day to all the dads out there who run real estate funds so their kids can make 2-3 big commissions a year as a broker without having to actually work
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You guys gotta start updating your headshots more frequently than every 47 years
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Not everyone’s path in CRE brokerage will or should be the same.
Some people are 100% cut out for the giant mega corp brokerages, and there’s nothing wrong with that.
Others (like myself) were born to thrive in boutique brokerages.
Neither avenue means you’ll be any more or
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california 1031 investors buying STNL assets in rural areas
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brokers collecting their commission checks after forwarding 20 emails
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POV: you just finished touring the 1st industrial building of your 6 building tour
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all of ReTwit/creX whenever an anon account starts growing too fast
tbh those days on here were active AF. It’s definitely a better place without the bozos, but also nothing brings this community together faster than a big phony
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Accounts that engagement farm summed up in one picture, post something as an expert for engagement. Receive basic question, and respond with an answer that makes it very clear you don’t know what you’re talking about.
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it was definitely the fed's fault, not the fact that you bought a c class asset at a 3.5% cap
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No need to show me rentals, we actually just called a sign we saw and rented the house on the spot! We’ll be sure to call you next year when we’re back in the market. thx.
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i still vividly remember my first site tour in a tertiary market.
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it’s nights like these i especially miss the incredible commentary provided by Jamba
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"I live my life 43,560 square feet at a time" - Dominic Torretto, CCIM
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when you advised your family to sell their generational SoCal industrial portfolio and 1031’d into a portfolio of STNL Red Lobsters because your broker told you it’s like owning a bond
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can part of the NAR settlement be banning people from referring to me, a CRE broker, as a realtor…
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Dudes with $37 in their bank account after 6 beers: “DUDE! We should start buying self storage facilities!”
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this place is really going through a moment right now, hold strong fam, we’ve made it through this before
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hi i’m calling about your listing on loopnet, WHAT IS THE COMMISSION????
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never forget what they took away from us.
lots of talk of “i have the receipts”
yet very few receipts shown.
all to just show up and try to burn this place down.
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right when i think the big corporate brokerages can’t do anything stupider 🤦♂️
this quote from the
@trdny
article is the perfect example of one of the fundamental issues with the big brokerages and most CRE brokerages.
once a brokerage starts to get big and successful, there’s
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this is the kind of economic vision i can get behind
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nothing wrong with this if it’s your story, but a lot of people out there trying to ignore the fact this kind of thing gave them a huge head start
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investment sales broker:
just because it’s off market doesn’t mean i can’t send a national email blast for it
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Sorry bob, we know you signed your last renewal 5 years ago at $12 NNN but we can’t get this new renewal done for less than $20 NNN…also we already leased your space to a national 3PL…
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@DallasAptGP
This is what someone who had a PE fund acquire his HVAC company and now has a 9 figure personal RE portfolio, looks like.
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Normal people will never understand how bad this hurts 😢
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Me talking to CRE brokers who DM me about what to post on IG besides their deals and listings.
Me: memes about CRE
Broker: what?? No, I don’t want people to think I’m not serious.
*me who’s had large landlords, tenants, and investors in my DMs talking about how real my memes
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with likes now being hidden, i’d like to go on the record and let everyone know i will still be liking all posts from the following accounts:
@LFGCapitalLLC
@for_yield
@keepthefaithet6
@CorpFinScum
@PromoteJunkie
@im_REFarted
@acquisizioni
@KCmolzer
@FarazUCheemaCRE
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absolutely magical getting to witness the northern lights over an unanchored strip mall.
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someone told me to use AI to manifest my dreams.
here it is.
absolute….perfection.
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located in small town, USA - population 10,000 - it’s an absolute beauty 🤩
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“you remembered to get a commission agreement signed with the landlord, right?”
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me posting memes while at any none cre related function
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nothing worse than when they drop this on you after an 87 building tour
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merry christmas to all the kids who went all in on sunbelt mf in late 2021 with their california family’s 1031 money
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dear resi agents, if you have to ask me to explain how a full service gross office lease works 3 time within the same tour, you probably shouldn’t be representing an office tenant
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Brokers that only talk about the big deals they’ve worked on
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you’re in her dms.
i spent 100 hours of unpaid work trying to win the listing on her dad’s stnl portfolio, just for him to choose a broker who said they could get 40% over market.
we are not the same.
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Residential agents when you tell them it’s a NNN lease:
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there’s a lot of CRE brokers that sometimes need to be told to GFYS
don’t let other brokers in this industry talk down to you or try to make you feel small.
we’re all independent contractors with a real estate license at the end of the day.
titles mean nothing.
stand on
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Happy Father’s Day to all the dads out there that worked their ass off so their kid
could go into CRE brokerage and have a full deal pipeline day 1.
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Four things are sure things in life,
1. Taxes
2. Death
3. Flat roofs will leak
4. No matter what you do tenants will always think they got a shit deal
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The other day I randomly thought about how growing up, the hostess at a restaurant would ask my parents if we wanted to sit in smoking or non-smoking. Half the restaurant being reserved for people to smoke while they eat seems so foreign today. Wild times.
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POV: you tried to have a little fun with the strip mall person
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SoCal RE bro before heading to the comedy club with his friends
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