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+82 | LP coming into deal at higher land basis. How to model returns to GP? | 19 | 3h | |
+76 | Increasing RE Industry's Cash Compensation, Collectively | 43 | 1d | |
+73 | Major Decisions | 13 | 2d | |
+40 | Being asked to stay behind and train my replacement | 11 | 59s | |
+33 | Niche down to an operator or stay an allocator | 11 | 4s | |
+24 | Breaking into CRE late 20s | 7 | 4d | |
+23 | Thoughts on joining an early-stage REPE fund | 7 | 1d | |
+22 | Self Storage ECRI | 9 | 3d | |
+20 | How to get good at RE Modelling? | 18 | 2h | |
+20 | Public Homebuilders | 6 | 2s |
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Met some cool dudes. I think it’s smaller than you think if you’re in a major market.
Depends.
I've met some Toronto folks (pre-pandemic obviously). It is definitely smaller than you think in your own respective market. For example, outside of WSO in general the RE space in Toronto is quite tight knit and everybody has worked with each other at some point in time either on deals or at same shops.
I've chatted with a via view phone, would probably meet up at networking events (assuming they restart in the future....).
I think the "NYC" heavy feeling is a result of few factors:
Definitely smaller than you think.
I've met a handful of people from here (all awesome) and talk to 1-2 semi-regularly. None are NYC-based.
If you look in the various location-based threads that pop up, there are a ton of people working in DC, the Southeast, Texas, California, etc.
Based on the discord server where we pull most of our members from WSO:
I’ve met a few and talked with a few on the phone. I’ve also talked to a few people through my WSO mentor role. There are people from all over - definitely not NYC concentrated.
What’s funny is that I’ve had forum posts that I made (primarily the one about the RE company excel list and the other about industrial specs) come up in conversation with colleagues that had no idea I was the one that made those posts. I just kinda nod and laugh when it comes up.
I've had a couple lunches with people who I have met in real life who awkwardly pause during lunch after we've hung out for a while and got our food and go... "I know this is weird, but are you CRE on WSO?"
It is simultaneously hilarious and horrifying.
Lol that is pretty funny. What do you do when they ask? Tell them they're correct?
If I had a development site visit in the southeast (presumably where you are), I'd definitely wonder if I am talking to the one and only CRE
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