Land Acquisitions or Sales?
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
| +32 | Are Co-GP development structures successful? | 12 | 10h |
| +19 | How to move from Real Estate to Infrastructure? | 14 | 1d |
| +18 | Capital Formation/Capital Raising Roles Q | 2 | 1d |
| +13 | Multifamily Job Search Advice | 3 | 2d |
| +9 | Insurance company RE investments internship, how is it viewed? | 3 | 8h |
| +5 | TA Realty | 2 | 2d |
| +3 | What Are the Biggest Financial Challenges in Custom Home Construction? | 1 | 5d |
| +3 | UK Capital Raising Environment | 1 | 3d |
| +3 | Wells Fargo RESF | 0 | 4h |
Career Resources
What market/how far are long are you in SFH land acq role? Offer in hand? What's the sales job in ?
.
What’s your background? Do you work in sales currently?
Why don't you try and find a job selling apartment buildings if that's what you want to do? Land and sfh is completely different.
.
Brokerage-> GP is probably going to be the best route
Doesn't like sound you have technical skills to start off in a GP acquisitions role
What's your experience in real estate?
.
Land is RIP today! You won't get paid for 2 to 3 years as institutional groups are only doing options today to tie up the site. Hence you won't close for 24 months. Also, most land sellers don't need to sell unless it's a land flipper who is most likely in the red! They most likely have existing broker relationships.
Groups that close in 3 to 6 months will most likely walk away after DD unless it's HNW funds or non-institutional money.
On the IS side, if you are doing private capital, you might be lucky to do some deals but it's a crowded space of brokers!
Tough time to be in development and brokerage today. Lots of sleepless nights with capital requiring a 6-7% PLUS YoC, market dependent.
Quia libero dolorem dolorum magni ea earum voluptatem. Accusantium inventore est molestiae eum rerum quaerat. Dolore amet voluptatum voluptates quos et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...