Has anyone worked in real estate acquisitions for a large company?
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[{"id": "i51pmcw", "text": "make sure they have good criteria depending on how they\u2019re acquiring. \n\nPay is usually a stable income + (small) commission. I forget how much commission but I want to say it\u2019s less than a point per deal, or maybe you do bonuses with a max amount. YMMV\n\nit\u2019s cool for learning the fundamentals of choosing good real estate, and going deeper regarding sub markets depending on their acquisition criteria. \n\nI\u2019m not really sure what \u201ctransportation\u201d is, so can\u2019t really tell you what I think about that.\n\nIn my case, I worked with/for a company that did acquisitions for retail development and investments, but my main occupation in the office was general brokerage, specializing in retail (development). As a result I didn\u2019t receive any stable income since I was acting as a broker primarily, company\u2019s acquisitions rep. secondarily. But I did represent the company in some of its acquisition/disposition of its assets, and got commission for that. It was a small company so we were flexible.\n\nBut I\u2019ve also heard feedback and learned from others in that position. \n\nmy point though is that it\u2019s hard to say if the position is worth it or not because I think it goes beyond the position in this industry. Something is worth it if you can learn from somebody. it also depends what your goal is too. If it\u2019s just for learning, focus on finding a good mentor/team for what you think you\u2019ll be interested in\n\nThere\u2019s more to it all, but hopefully this is an okay point of reference for you.", "replies": [{"id": "i541sga", "text": "That\u2019s helpful, thank you. It\u2019s for an engineering firm that buys land for roads and bridges. It looks like I will be assisting and learning from a team, sometimes going on site, writing contracts, etc. Will ask if there are commissions attached to each deal.", "replies": [], "depth": 2}], "depth": 1}, {"id": "i51yj4m", "text": "Assistant? You mean analyst?!\n\nUnderstand if you are going to a syndicator that raises funds from friends and family on a deal by deal basis or a fund structure.  Also, what asset type or sophistication!  \n\nMore idiots have made money the last 5 years than smart money due to dumb aggressive bets!   But again, every one has made money the last 5-12 years because we have seen outsized rent growth and cap rate compression unless you are in retail or certain hotel.\n\nHope you land at a great shop!  I have work at both institutional and shit syndicators\u2026 working for a great group makes CRE a really fun business!", "replies": [{"id": "i541fgl", "text": "It\u2019s for an engineering firm that buys land for roads and bridges. Any advice or input?", "replies": [], "depth": 2}, {"id": "i5b3ksa", "text": "Nope.  I know commercial and multifamily. Make sure they have access to capital markets, meaning big banks or private equity firms / family office.  The managing partners track record will make or break you!!", "replies": [], "depth": 2}], "depth": 1}]