Mike Pittman II

Husband | Father | Retail CRE Broker at Cushman & Wakefield | +$100M in transactions | Keep the faith

[Mike Pittman II @RealMikePittman]

@RetailReid Gotta call out the places we bumped our head! Thanks!

[Mike Pittman II @RealMikePittman]

In my 1st Yr as a CRE broker I was able to secure an hot listing in a super hot submarket in Houston. The property had tons of potential and I royally screwed it up. Here's 5 ways I dropped the ball. Hopefully a teaching moment for aspiring CRE brokers and those hiring them:

[Mike Pittman II @RealMikePittman]

To this day I'm so grateful that the dude didn't sue me or blast me on social media. He had a great portfolio of cool buildings, awesome connections, etc. and I totally blew it. Also, around 1x per year I contact him just to say thank you for giving me a chance

[Mike Pittman II @RealMikePittman]

5. I should have brought on someone more seasoned than me to work the assignment together since I had no clue what I was doing but I had great intentions and tons of passion.

[Mike Pittman II @RealMikePittman]

This oughta be interesting. Grabs popcorn.

[David McCabe @dmccabe]

We're getting ready to cover the first government monopoly trial of the modern internet era.

From me and @ceciliakang: What's at stake in United States of America et al v. Google. https://t.co/RH2BYVFvW8

[Mike Pittman II @RealMikePittman]

Probably one of the truest statements I’ve read on Twitter.

[Cyber Viking @DarthJML]

@gas_biz @bucees Bucees is a beast. Like the Chick-fil-A of gas stations.

[Mike Pittman II @RealMikePittman]

@TripleNetInvest Time will tell. Familiar with their footprint and desires. They corporately guaranty every deal. Great for LLs. I see them try to apply pretty much the same site plan wherever they go and I don’t know if I necessarily agree with that for coffee.

[Mike Pittman II @RealMikePittman]

Currently working on a exhaustive market study for a client. Life of a CRE broker

[Mike Pittman II @RealMikePittman]

I literally know of site on the market that is a large land play. Price tag is ~$45M. Seller needs cash. Site is probably worth $60M today and TBD in the future. It's a land bank play but not everyone can play at that clip. Stay diligent and focused. They're around

[Mike Pittman II @RealMikePittman]

There are opportunities everywhere. If you can uncover hidden value and put a great biz plan together and execute the sky is potentially the limit!

[Mike Pittman II @RealMikePittman]

@realEstateTrent @constantraise When you see Warren Buffett creating a “10 Steps to becoming a Billionaire” class let a Brotha know.

[Mike Pittman II @RealMikePittman]

@realEstateTrent @constantraise Hmm. From my perspective, the folks who are mega instructors are usually not mega deal makers. Why? Because they’re spending a lot of time being a mega media mogul vs a mega deal maker… Nothing wrong with it for the person…

[Mike Pittman II @RealMikePittman]

S/N: Of course there are some GPs out there who say “I will only invest as a principal on deals”. Don’t worry about them. Probably not the best partner to consider starting off anyway bc they don’t understand reciprocity.

[Mike Pittman II @RealMikePittman]

I know GPs who invest as a LP in friends deals for multiple reasons. More below

[Mike Pittman II @RealMikePittman]

All that to say. Don’t neglect your friends and other GPs if you have a relationship with them.