For anyone who works for a fund or larger owner/operator, how is asset management for the long WALT industrial stuff? I know it should be mostly hands off but are there constant issues you don't think about that come up constantly?
Wanted to discuss pivoting in the entrepreneurial world. Have been working on a real estate business plan for the past couple years, struck out on my own 2 years ago and gotten very close on numerous deals, but haven't gotten any of them over the line. It's an extremely niche angle and although I have investors interested, there's just not enough deals to have any scale.
After putting all my eggs in this one basket, I'm now going to pivot to a different (although relatively niche) asset class that seems to have more scale and promise.
How do I go back to my investors with this new business plan that's completely different?
What's worked for you?
Multifamily, industrial, retail, office, these are institutionally know, will stand the test of time and spending years or decades perfecting your knowledge in one could be rewarding and allow you to maybe do your own thing, or make a lot of money in corporate.
Although data centers seem to be the hot new thing, if AI is truly a bubble, or technology changes where these centers can be much much more efficient, or energy production changes, will these things still be relevant? The requirements are also so tough that I feel like at some point you just really can't build more of them so if you have an acquisitions role, will you hit a ceiling?
Mainly focused on whether this is a niche that has suitable long term trajectory or if it's safer to stick to the major food groups.
Have an offer in big tech on the real estate side, how frowned upon would it be to put together my own investment deals on the side (including raising money from HNW/small funds) keeping a low profile? Wouldn't be a w2, just own investments etc. but have a side work email etc. I know they don't want you to have a second "job", but any thoughts? Don't really want to give up the entrepreneurial side but also a great opportunity with a solid paycheck.
Have been in this endless PT limbo for years with a torn labrum and debating whether to finally go under the knife. I know PT will be long but feeling like I should rip the bandaid off and do it while I'm still youngish as it is a constant thorn in my side. For me it's either get surgery or be a slave to PT forever and shoulder may continue to tear/possibly dislocate. Always worried every time I paddle out something may happen.
Anyone go through this?
Bummed after a breakup and would like to clear my head. Intermediate surfer, have been to Bali so ideally somewhere different that has fun summer waves that won't kill me (4-7). Would love a fat right handed point or reef break, maybe even somewhere with some small barrels? Would Fiji make sense? Anywhere else recommended that's not crazy crowded that would be good to go solo for 2 weeks?