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CalPersFatCat CalPersFatCat is offline
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Join Date: Feb 2013
Posts: 600
Quote:
Originally Posted by Eric Coffey View Post

Ah, now we are getting somewhere. You obviously have an issue with CRE brokers. Can you show me on the doll where the bad man touched you? LOL.

Certainly, there are good and bad, just like any profession. I am no Patrick Bateman, but I can say that I've made my clients far more money per-capita than I've ever taken in. Far more.

Though, I do think it's pretty rich coming after my profession, when you worked for one of the most corrupt and loathsome entities on the planet.
CalPers has devastated countless lives, and will likely continue to do so for decades to come. Congrats!
blah blah blah.

I have no issue with diligent CRE brokers. I only work with one. The very best in the business. ABT. Always Be Transacting. He is highly ethical and highly principled. This guy is the real deal and is one of the hardest working people I have ever met in my life, in any profession.

https://capstoneapts.com/people/stasiu-geleszinski-ccim/

In 2015, Stash guided me when I did my 1031 xchanges, out of my SoCal apartments/SFR's, and into a "value add", "double digit" cap, "rehab intensive" 40 unit apartment complex in suburban Cincinnati.

100% occupancy since October 2017.

I have bought nothing since 2015. Walked a dozen (multis), but bought nothing.

I just sit back and collect the dollars. and the quarters.

And again with the Captain Obvious statements... "I've made my clients far more money per capita than I've ever taken in" Yes. I would hope that , "per capita", a client's second year NOI , would exceed the commission split that you earned on the deal.

I didn't "work for calpers." I am simply one of the parasites collecting a nearly six figure annual retirement, after working for a couple of big california cities for 28 years...

But who in the heck has had their life devastated by calpers??? The devastation won't come until the state collapses and calpers folds, correct??? Enlighten me.

DL
Old 11-11-2019, 09:58 PM
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