Top Real Estate Markets for the Billionaire Space Race
On July 11th, 2021 UK entrepreneur, Virgin Galactic founder, and billionaire, Sir Richard Branson successfully completed the first private space flight. It lasted roughly an
Brokerage
6 Steps to Scope Your Project and Win More Gigs
A project’s cost is a function of the number of hours that it takes to complete it so providing an accurate estimate is critically important. Get it right and you’ll deliver within the client’s budget. Get it wrong and you risk upsetting them.
What is a Broker’s Price Opinion (BPO)?
A broker’s price opinion (BPO or sometimes referred to as a broker’s opinion of value, BOV) is an analysis performed by a commercial real estate broker that provides an estimate of value or price for real estate.
How to lose a client in 10 days (freelancer etiquette)
Freelancer etiquette matters, and by avoiding a few common pitfalls, you’ll be well on your way to building a successful, freelance career. First, a familiar movie narrative …
7 Creative Ways to Find Brokerage Clients
Here are seven creative ways to find new brokerage clients in any market. Add these to your tried and true arsenal and you’ll be building a powerful book of business in no time.
Pros and Cons of Using Google Sheets for Real Estate Financial Models
If you’ve been following Bullpen’s blog for a while, you’ve probably started to notice that we’re transitioning our excel-based real estate financial models to Google Sheets.
An underwriting tool you should consider, Argus + Excel
Financial modeling is the most foundational skill in commercial real estate. However, the underwriting process usually involves an underwriting tool that is filled with headaches …
Hustle is Dead, Product-Market Fit is the Key to Brokerage Growth
Many new brokerage businesses are built on the fallacy that “hustle” is the key to success. Influencers in the brokerage community preach hard work, grinding,
Retail Disposition Model
There are hundreds, if not thousands, of free investment models online to help maneuver the seemingly complex world of commercial real estate valuation. Many of
How to Create & Manage a Remote Team
There a benefits and drawbacks to creating a remote team, actively building a bridge between communication gaps gives you the benefit of a powerful team in house and remotely.
A Smarter Way to Build Your Team
What is Bullpen? Bullpen connects expert commercial real estate freelancers with top companies who value time and efficiency. Like a staffing agency? Not really. Bullpen
Top 10 Commercial Real Estate Influencers on Youtube
Content is king. Commercial real estate gurus are embracing the new age of content marketing, creating impressive online followings. These content creating influencers use podcasts,
Build a Low-Cost, High Performance Team
The situation … You run a small real estate investment/development organization. You have a ton of work … modeling new deals, pursuing relationships with brokers,
Only What Matters: Equity Multiple
What is it? Equity multiple is the second most popular profitability metric for real estate investors and developers. How is it calculated? Equity multiple describes
Yield (Cash on Cash) and Why It Matters
What is it? Yield (also known as Cash on Cash Return) is a popular commercial real estate return metric. It measures the cash paid to
All You Need to Know: Internal Rate of Return (IRR)
What is it? IRR, or Internal Rate of Return, is the most commonly used profitability metric in commercial real estate. Why is it so popular?
Strategies When Talking to CRE Brokers
Approaching experienced professionals as a novice in any industry can be nerve racking. Before meeting an experienced broker, master your knowledge, position, and questions. Use
Definitive Guide to Presenting an Underwriting Model
Think of a car manufacturer building a new model. Now, think about the team required: marketing, strategy, engineering, etc. In commercial real estate, the real
Top 3 CRE Analyst Tasks
Analysts work on a vast array of tasks, but what are the top 3 commercial real estate analyst tasks? Using data collected from hundreds of
5 Pro Tips to Master A Bullpen Analyst Phone Interview
As a Bullpen freelance analysts, you’ll regularly meet with potential clients on the phone. During the phone interview, clients want to learn about you and
