BOMA Raleigh-Durham June Lunceon
This is a Members’ only event, however, we do invite local industry Property Managers to join us, so if you are interested please email [email protected] for more information. JUNE LUNCHEON …
Research
How To: Find a Broker
If you are interested in developing a real estate project in Raleigh, you will want to start building relationships with brokers. In order to help shortcut that process I have created a list of all of the brokerage firms that I know of in the area.
Discounted Cash Flow
Have you ever heard the saying that “a bird in the hand is worth two in the bush?”
Said in a different way, something guaranteed is more valuable than the unknown, and something you have today is worth more than something you will get in the future. This principle also applies directly to the world of real estate development and investing.
How to Use iMaps Like a Developer
iMaps is a free and powerful tool that allows you to search property, find ownership information, and conduct due diligence, all from the comfort of your computer.
Developers use iMaps as a powerful due diligence tool to research any property and neighborhood in Wake County…
How to study for and pass the FAA-107 Test in 2021
Last week (early December 2021) I sat for the FAA Unmanned Aircraft General — Small (UAG) test, AKA the Drone Pilot Test. I passed with a 95% after about 18 hours of study time, and I wanted to share my experience and how I prepared…
Raleigh City Builders Book Club List
The list below is not exhaustive and is in no particular order. Books are broken down into two categories, books that I have read and recommend, and books that have been recommended to me that have not read…
Real Estate Book Recommendations
When I talk with folks who want to transition into a career in real estate, I often get asked for book recommendations. Here is a list of the seven books that I most regularly recommend. This is not a comprehensive list, but I cover a broad range of topics from finance to development to zoning to parking. So, in no particular order, here are the seven books, I recommend most..
Race and Real Estate — Book List
This list is as much for me as for anyone else. I have not read most of these books, but they have been recommended to me by people smarter and more informed than me. I have included links for the books to be purchased from Quail Ridge Books in Raleigh, because it is our local book store. [These aren’t affiliate links]. These books are in no particular order, but I can assure you that The Color of Law is a great place to start…
Advice for College Students Looking to Get into Brokerage Part 2
6. Build your own model
I am a bit of a math nerd, so in my mind, the next step is the “fun part”. It is now time to build your own financial model. Each OM you have will likely include operating projections — also called a proforma — for the asset as well as a rent roll. Do not copy their model, but using the information, build out your own functioning proforma. Do not try and build a “master model” that you can re-use in the future and will apply to all different types of investments…
Advice for College Students Looking to Get into Brokerage Part 1
There is a lot of uncertainty now in everything, including the real estate industry, but as a student there is one thing I know for certain: the opportunity cost of your time will never be lower. Here are some things you can do NOW to put you in the best position to get a job as an analyst upon graduation…