How did the most successful real estate entrepreneurs you know get their start?
@NoName-ny1bt3 жыл бұрын
Can you please explain what JLL capital markets are?
@chrischristian243 жыл бұрын
The most successful real estate entrepreneur I know actually started out as a CPA! She learned apartment syndications by being a limited partner on several deals before taking on the GP role. Great video, Justin!
@chrischristian243 жыл бұрын
@@NoName-ny1bt JLL is a company. Capital markets are markets where capital is transferred from those who have it to those who need it. JLL capital markets sounds like a job in capital markets at JLL.
@shahahsan13233 жыл бұрын
Seasoned CPAs & Lawyers that worked closely with several big-time investors and began passively investing in their client's deals to learn the business. That being said, would not recommend going down the CPA or Lawyer route unless you actually want to practice law or accounting.
@BreakIntoCRE3 жыл бұрын
@@chrischristian24 very cool! CPAs have a ton of knowledge that's applicable to being successful in CRE. Glad you found the video helpful!
@shambhvilokre2 жыл бұрын
Best roles 2:03 Investment sales analyst/ Acquisitions analyst 4:29 Equity placement analyst/ capital markets analyst/ other 3rd party equity analyst 5:08 Asset management analyst Worst Roles 7:10 Leasing 8:35 Portfolio Management
@ravenous5432 Жыл бұрын
Thank you
@hamtgaming4908 Жыл бұрын
Thank you ❤
@azazshah40223 жыл бұрын
This channel doesn’t get enough love, so glad I found it when I did. Actually helped me land an internship for this summer. Anyway, great video as always, Justin.
@Linux3333 жыл бұрын
My experience working in agency lending for an originations team was some of the best experience gained to date. It'll teach you very important language that future property investors must know and understand.
@jackgraveline88843 жыл бұрын
You should make a video on different investment sales groups and what to consider when trying to decide your specialty or team to join
@shahahsan13233 жыл бұрын
Phenomenal video! This is something that every aspiring CRE entrepreneur should watch before going into the business.
@BreakIntoCRE3 жыл бұрын
Thanks, Shah! Appreciate your continued support!
@LatinoConservative2 жыл бұрын
Totally disagree you with tenant representation. It mainly depends on the market. In NY, every broker wants to work in tenant representation, because that’s where the money is. More tenants, less assets. Which means higher commissions. The more money you have, the more buying power you have to one day buy properties on your own. While you’re right that financial analysis is not required in tenant representation, the top brokers get their mba or masters in real estate. So these tenants rep brokers are making more money than capital markets folks and now have financial/analytical mindset. In addition, tenant rep brokers are never just given deals, we are actively hunting for new business. Taking all of this into consideration, that makes the tenant rep broker the ultimate and most well rounded real estate entrepreneur.
@alanraya77303 жыл бұрын
Very helpful video, especially for a student who is still in the process of narrowing his first job options within the CRE industry. Out of you first three best options which one is the most lucrative? Thanks 🤙
@MetaGirly7 ай бұрын
Hey Justin, great video, quick question - if I want in the future to do my own fix and flips and long term rental, what position would you recommend me to get into?
@cesar_ordonez3 жыл бұрын
Great Video! What are the top roles for aspiring Commercial Real Estate Developers (Affordable housing & Warehousing)
@BreakIntoCRE3 жыл бұрын
Development analyst roles are great for this, and debt-side analyst roles can also be very helpful for the ground-up space since construction financing is such a critical component of most deals.
@janaywellington55573 жыл бұрын
This video was extremely helpful. I am at the beginning of my career and have been struggling trying to understand what next position I should pursue. Thank you!
@blakeharrell74573 жыл бұрын
Super helpful! I’m graduating this May and have been interviewing for many positions, and this gave clarity how my decisions will affect me in the long run
@BreakIntoCRE3 жыл бұрын
Great to hear, Blake!
@taco6813 жыл бұрын
Nice video Justin! I just working started as a valuation analyst but hopefully want to move more onto the transactional side of the business in the future.
@GoogleAccount-um4jg3 жыл бұрын
Justin, thank you for the video. How helpful are project management roles compared to the others you mentioned?
@BreakIntoCRE3 жыл бұрын
PM roles can be very helpful if you want to be a ground-up developer, and can give you great hands-on training to manage the process for your own deals in the future.
@TraderPulse3 жыл бұрын
This is the best thumbnail I have ever seen
@BreakIntoCRE3 жыл бұрын
lol
@Noname-ly2lp Жыл бұрын
I got a master in both architecture and real estate development but I’m having a hard time getting a job in real estate development. Any tips to help this I’m in the Dallas market if that helps
@CuteM62 жыл бұрын
love your videos! thank you for sharing
@AIAnimationandMusic Жыл бұрын
Thanks brother . I’m still learning
@vassilisdimarakis73653 жыл бұрын
Excellent video !!! Are these info equally applicable for aspiring people who are not totally sure yet if they want commercial , residential , development or a mixture of more RE domains?
@TheRyanherrmann2 жыл бұрын
Hi, I interned for a CRE development company as an analyst. Where you place that? Acquisitions?
@PhantomyreValentine Жыл бұрын
This is exactly what I have been looking for... you'd think with how popular real estate investing is, there would be more inquiries about what jobs to get into in order to get your foot in to RE. Either that or I just haven't been lucky. btw you have beautiful eyes.
@carlilombardo53542 жыл бұрын
Do you recommend working as an aqusituons specialist?
@smitd4ty3 жыл бұрын
Always great insights!
@frankperez44963 жыл бұрын
Hey Justin, what about starting off as a commercial broker?
@Mav0585 Жыл бұрын
I have an opportunity to work with a local brokerage, with pay, part time and it's a great team. I'm hoping the fact that it's flexible and I get to gain experience with a great team, should be worth it.
@justinlee70213 жыл бұрын
Hey Justin, thanks for all of the content. I found it really helpful and bought some of your Udemy material which helped me transition from CRE Finance FP&A to AM at a debt fund in NYC. Just curious, if I want to get to the acquisitions space, when do you know when you should make the transition or should jump to UW first?
@BreakIntoCRE3 жыл бұрын
Hey Justin, congrats on the move to the debt fund! Sometimes people on the lending side can get pigeonholed there once they have 3-5 years+ of experience in that space. If your goal is to be on the principal side long-term, the sooner you can make the switch, the better (although debt funds are great places to be right now). Good luck!
@millionairemindset88472 жыл бұрын
Great video! What do you think of real estate analyst ?
@aeongaming25613 жыл бұрын
What about Real Estate Investment Banking?
@BreakIntoCRE3 жыл бұрын
This one depends on what you're working on - working on the M&A of entire real estate companies tends to be less valuable than working on individual deals (assuming you want to break off and do your own syndication projects), but if you're at a shop like Eastdil that brands themselves as a REIB shop and you're underwriting individual transactions or smaller portfolios, I agree this is excellent experience.
@dallasteague0013 жыл бұрын
How about project/development management for an aspiring developer ?
@GoogleAccount-um4jg3 жыл бұрын
Dallas, is this your current role? If so, what is your background?
@dallasteague0013 жыл бұрын
@@GoogleAccount-um4jg No, I’m looking to get into development.
@BreakIntoCRE3 жыл бұрын
Absolutely - that would be the equivalent of the acquisitions roles mentioned in this video. Great spot to be in if you're looking to do your own ground-up deals.
@richardrussell80503 жыл бұрын
Nice one Justin! Would you also consider the Development Management role a good choice for understanding the entrepreneurial side of development?
@BreakIntoCRE3 жыл бұрын
100% yes - that would be the equivalent of the acquisitions roles mentioned in this video for an aspiring developer. Good question!
@richardrussell80503 жыл бұрын
@@BreakIntoCRE Hi Justin, cheers for the reply. One last question - I'm trying to switch from Project Consultant to the Development Manager role. Do you think this would be the best career move in order to get more experience and gain better skills? Thanks again!
@rogerhorvath82543 жыл бұрын
Great video! Big insight
@BreakIntoCRE3 жыл бұрын
Glad you found it helpful, Roger!
@camdenschnoor3 жыл бұрын
So much value
@OrlandoFloridaRelocator3 жыл бұрын
Thank you for this information. Because I’ve done leasing in multifamily I’ve been working on increasing revenue and occupancy. I would like to get into a another role though with more stability . Thank you sharing this video. - Madeline
@BreakIntoCRE3 жыл бұрын
Great to hear! Leasing is definitely valuable experience and gives you context for the decisions you're making on the asset management/acquisitions side. Glad you found the video helpful!
@TLiu-1b2 жыл бұрын
Is investment sales basically CRE brokerage?
@zacharymazzuca11502 жыл бұрын
Yep!
@LLB5523 жыл бұрын
What are your thoughts on a finance/underwriting role for a developer? @break into cre
@AujaAguja3 жыл бұрын
Really good
@BreakIntoCRE3 жыл бұрын
If you want to build your own development firm focusing on ground-up projects, this would be excellent (similar to an acquisitions analyst role for targeting existing assets).
@OrlandoFloridaRelocator3 жыл бұрын
Where can I find asset management position? 🤔 hmmmmm -Madeline
@BreakIntoCRE3 жыл бұрын
Selectleaders is one of the best resources online for CRE strategy roles, so that would be a great place to start: www.selectleaders.com/
@P0werFromAbove3 ай бұрын
Jesus Christ is Lord. He is the only way to eternal life. The first man, Adam, sinned, and after him, all humanity. Mankind was brought under the curse through Adam. So the Lord Jesus Christ had to take on flesh, and live the perfect life for us. He then died on the cross for our sins as our perfect substitute and rose from the dead on the third day in victory. In doing so, He frees the one who believes in Him from the curse and brings us under His representation, by which we are declared righteous before God. Further, it’s through His blood that He gives the believer power to live a new life, free from the slavery of sin. Everyone was born once (physically). That’s how you enter earthly life. But to receive eternal life, you must be born again (spiritually) - and that comes through the Lord Jesus Christ alone.
@aeongaming25613 жыл бұрын
You forgot about Investment Banking, real estate group
@johnhopkins81653 жыл бұрын
Yikes - I work in one of the “worst jobs” for this one.
@BreakIntoCRE3 жыл бұрын
I definitely don't mean to paint a doom and gloom scenario about these last three roles - there is value and perspective in any CRE position, and you'll have helpful context whenever you make the switch into a different role or doing your own thing.
@jackjack4412 Жыл бұрын
Man you're good looking
@brunoleonardo9292 жыл бұрын
Video starts at 2:00
@LoganXHebda3 жыл бұрын
Read my mind today, actively hunting
@justinarnold843 жыл бұрын
Go get some!
@BreakIntoCRE3 жыл бұрын
Good luck!
@LoganXHebda3 жыл бұрын
@@BreakIntoCRE just received an offer for CRE data specialist at Centennial Bank at their Conway, AR headquarters
@cedricmayfield70582 жыл бұрын
I notice you never talk about Real Estate Development bro!