Any mental math questions or brain teasers I missed that you've been asked in a CRE interview?
@Amandajoneslaw7 ай бұрын
Great test for a lawyer turned CRE agent. Proud that I got 3 out of 4 correct. I missed the one on the % increase of the of the noi. I thought the answer would be the same % but I failed to calculate the % of the CAP rate increase and instead answered 1%.
@rodenriquez65533 жыл бұрын
Essence of eloquence explains deal breaker level FQAs. Bravo, thank you. Dont stop what you do!
@BreakIntoCRE3 жыл бұрын
Thanks for watching, Rod!
@jordiortega44362 жыл бұрын
One of your best videos: absolutely fantastic. Took me back to my MBA Real Estate investment class. Incredible refresher and clarifying! #ThankYou #Bravo
@RealNetAccounting2 жыл бұрын
Great explanation. Thank you for taking the time to do the video
@raymondhansen44823 жыл бұрын
Man, I look forward to your videos. Thank you!
@alvarogarrido87363 жыл бұрын
Very valuable!! Thank you for sharing.
@maddogg1978peru3 жыл бұрын
Not to worry, Justin. I always carry my Casio Excel/Argus Watch! Haha!
@suekim5352 жыл бұрын
Thank you!!!!!
@florianhermessan33563 жыл бұрын
Hey Justin, thanks very helpful. I was asked during an interview what’s the CoC for a deal yielding 10% with 50% leverage with a cost of debt of 5%. Any ideas where I can find some similar contents about tricky interview questions or mental calculations ? Thanks, Flo
@aaronjung18862 жыл бұрын
Is it 7.5%?
@sahibgreat2 жыл бұрын
@@aaronjung1886 Shouldnt it be 15%? I am not too sure but, assuming property value to be 100, our cash = 50, leverage = 50, interest paid = 2.5 (5% of 50), income = 10. 10-2.5(return after interest paid) = 7.5, coc = 7.5/50 = 15%.
@LouBloom216553 жыл бұрын
Did you already make a video on what it'd take to be a commercial lender?
@BreakIntoCRE3 жыл бұрын
Not yet - good potential future topic, though!
@corruptionreport Жыл бұрын
great video
@rivernorthhomes Жыл бұрын
can you break down how without using excel how you reached the 17.1% and 14.9% .. Am i correct you arrived at $1.6 million with the sales prices of $1.5 million after the fifth year plus 100k operating cash flow for the 5th year
@dukesofpreppercounty52973 жыл бұрын
Would you recommend someone to become a private lender rather then a portfolio investor?
@andrewcecce5 ай бұрын
You and Spencer Cornelia could be brothers lol
@benjamingarcia2951 Жыл бұрын
Hi! I’m recently finished up my undergraduate degree in Quantitative economics, I have some time before I begin graduate school. I’m applying to Business analytics and Finance programs. Any recommendations for books to get a basic understanding of CRE, IRR, etc..
@surbhiagarwal2524 Жыл бұрын
Does your course teach Argus valuation also
@disguised8903 жыл бұрын
Hey Justin, I was curious: do the complexity of these types of technical questions change depending what stage in your career you’re at? For example, do interns get asked the same questions as someone entering their third position, etc? Thanks for all the helpful vids!
@BreakIntoCRE3 жыл бұрын
Hey Nicolas, definitely - intern questions are generally the easiest, and full-time analyst and associate positions are generally the most difficult. Once you start to get to the director/manager level, it starts to become much more about your experience and what you've done, so questions like this tend to stop once you get to that stage. Glad to hear you're finding the videos helpful!
@judeshaer30863 жыл бұрын
What is the best route to become real estate developer?
@paolaobispo87933 жыл бұрын
What is the square root of 100? 1,000? I did not get the job and am kinda of glad.
@BreakIntoCRE3 жыл бұрын
Definitely understandable - some firms can get overly tricky with these types of questions unnecessarily. Glad you dodged the wrong fit!
@mrmagorium123 жыл бұрын
Had a similar question. “What is the square root of a half”
@eazynosteroidz30743 жыл бұрын
Hey brother, In 28 and graduating with BS Finance. I want to get into CRE. For someone my age who has been self-employed up until now, do you suggest I start working, or finish my Masters in Real Estate Dev. My line of thinking is this, at 28 with a BS, I feel a bit behind the ball than those who graduated at 21-22. If I graduate with a Masters at 29 then I'd feel ahead of the ball. What are your thoughts?
@andrewcecce5 ай бұрын
Haha I’m 28 now in the same boat. I’m planning on getting my RE license and pretty much being a glorified acquisitions manager for commercial buyers until I have enough experience to raise my own capital. It’s been like 2 years. What’d you end up taking up
@eazynosteroidz30745 ай бұрын
@@andrewcecce I got my MRED. Best decision I ever made. Started as an Investment Sales Analyst with a large national firm about 6months before my graduation. Just became an Associate before my 1 year mark. Doing Investment Sales now. Do you mean you're going into brokerage?
@andrewcecce5 ай бұрын
@@eazynosteroidz3074 awesome bro! yeah I’m going to hang my license at a brokerage like exp where the splits aren’t too crazy. Really planning on just training myself like an analyst would be trained at a firm. If I have to pay for a mentor then so be it but the free content on the channel has been awesome. Once I know I can spot a good deal I’m going to spend a whole week just talking to buyers, getting their criteria and going after whatever fits their buy box.
@pragmafunds Жыл бұрын
Please don't beat around the bush too much. Your video make me feel irritated. Information is good though
@y_limit_yourself Жыл бұрын
wtf are you saying he spends 30sec outlining the vid then gets straight into it. You ungrateful asf Saddam