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April 30, 2024
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I like John Burns for resi coverage and research.
As soon as I saw this that's who I thought of.
I just try to follow brokerage firms, REPE shops, REITs, and management companies in my sector.
Alas, LinkedIn is becoming a cesspool of lame, schmaltzy, and irrelevant emotional posts by HR people telling us to be more progressive on a host of social responsibility/corporate political correctness issues. There are plenty of vaguely entrepreneurially-titled individuals who write...............long posts...............to get you to unroll via the "Read More" button................with shocking initial statements.........that end up being safe, non-controversial motivational pablum. And don't forget the virtue signals, which are so strong on there now that they interfere with most electronic devices. People like to pat themselves on the back for being nice to random homeless people, helping the elderly, or being the ONLY ONE in the office who chose to mentor a poor, illiterate, narcoleptic transsexual/<insert minority> who was on final written warning until their LinkedIn savior intervened, taught them life skills, and can take credit when the aforementioned ends up as CEO.
It's becoming a shitty platform. I've used it effectively to see what other firms are doing and to develop contacts, and have had luck with cold outreach to learn about different job opportunities over the years. But using it is getting to be tiresome and irritating on a daily basis.
I’ve improved my feed dramatically with the use of the “unfollow” feature.
Not just lame posters, but also friends who work in other industries I click “stay connected but unfollow”
My feed is 90% interesting Real Estate content now.
I have done the same and found it to be the most useful place for news. It did take a long time to unfollow everyone not in the industry, though.
Yeah bro and don't even get me started on the clowns that post their motivational drivel about how owning a home is the most incredible value creation opportunity in life and how you're setting yourself behind if you rent. yawn next
If you know enough to sort through those kinds of self-bragging posts, then LinkedIn can be a great source of news. It's just that few people are self-aware enough to admit when they don't know enough to have it be valuable.
It's like any other social media. 99% of the people posting are either self-obsessed idiots not worth listening to, or running a grift and therefore not worth listening to. If you can focus in on the 1% of content that is useful, it's great! Very few people can...
John Drachman at Waterford posts interesting stuff.
Yes, he’s probably my favorite to follow.
Any others like him to follow?
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Agree to disagree here, but I hope he's wrong.
Was going to comment the same, I think he also teaches at USC's Masters of RE program. Seems to have very good insights into the multifamily market in general but I think his company focuses on California.
CRE Analyst is a great resource for relevant information as well.
I like Jay Parsons of RealPage
jay is a lobbyist, the guy might as well be a broker.
john is a realist.
depends on what you care for, i prefer realists than folks continue to pump up the market and spin any "ok" news as great!
The best is the google clowns who got shitcanned
I laughed out loud at this.
Side note: what do we think of all the people who announce their layoff and then kiss the ass of the company that laid them off? I suppose it makes you look "good", i.e., palatable to other potential soulless corporations, if you can say positive and thankful things about the last overlord who abused you. I hate it. If someone lays you off, you have the right to hate their guts.
Just once, I kind of want to see someone make an honest "open to new opportunities" post where they open up with both barrels on the last firm they worked at.
I don't think those corporations would read that shit anyways but from an opinion perspective, writing that up is equivalent to saying thank u to the guy that fucked ur wife
Not specific for RE but Michael Cembalest from JPM PB posts once a month or so with a quick version of his eye on the markets which are one of the best reads out there. LinkedIn is the only place I have found to get them consistently if you’re outside JPM, so well worth it if you’re already on there. Similar to a Howard Marks but not as old, shorter, and more interesting imo.
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