Mason Fiascone (@MultifamMason) header
Mason Fiascone (@MultifamMason) profile picture

$210M apartments sold only 3 years into brokerage. Inland Northwest Multifamily Specialist. Cell: (509) 410-1990

Tri-Cities, WA
Joined December 2011
Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)Photo by Mason Fiascone (@MultifamMason)
If you read my newsletter, you know I'm a development fanboy. To that end, I'm thrilled our team at @bullpenre is helping Bridger Land Group find a Construction Accountant in Bozeman, MT. My favorite project from BLG's portfolio is Blackwood Groves - a 120-acre, master-planned community in Bozeman, MT. @davegordon14 and his team are investing heavily in family-friendly community spaces. From protected green space and trails for kids to get to school and restaurants in the "Village Square" -- this place is going to be an ecosystem. Drop me a DM if you're interested in the role - tag someone who might be interested.
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Long live tertiary markets
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Mason Fiascone retweeted
Replying to @Jack_Polivka
High-quality brokers generally don’t misprice their deals. You wanna steal stuff, gotta accept working with low-quality ones.
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Mason Fiascone retweeted
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Something I wish I knew when starting out ... If the average annual value of your customer is less than $2k, you can't afford a sales team. If it's >$5k, you can do inbound selling (customers need to come to you) If it's >$30k, you can do outbound sales (cold calling, etc)
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Mason Fiascone retweeted
I bet cold calling in RE brokerage has the highest $$$ per dial. If you have a building you're thinking of selling, you want to go with the guy or gal aggressively hitting the phones. You know that they're having a ton of conversations, are deep in the market.
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Mason Fiascone retweeted
Hire for Attitude, Train for Skills
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If you're a CRE Broker following my account, what's the one piece of advice you'd give to young guys entering the industry? Trying to open this up for comments and provide a dense source of insight from multiple perspectives.
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Mason Fiascone retweeted
A deal in process that hasn't closed yet is like a fish out of water. Everyday the deal doesn't close, it has a chance of dying. The mindset has to be to get that fish back in the water at whatever the cost. If you can close today - do it!
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We ordered “Sub 3 cap” Caps MONTHS ago to give away on Twitter @JaretTurkell uncanny timing RT and we’ll ship to a select few! #retwit #cretwit – at Miami, FL
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Mason Fiascone retweeted
Keep the P&L and financials from your seller handy after you purchase your property. No better way to prove value-add than to show your lender how revenue and NOI increased since purchase by showing the original financials. Maximize your cash out this way.
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Gotta put in the work and get creative to get deals in this market! I've sent more unsolicited LOIs and called more owners personally (usually leave this to the brokers) than I have in all of last year.
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🚩Common Real Estate Lies🚩 🤥I’ll need to ask my partners 🤥It’s a cash deal 🤥It’s not on the market 🤥You’re my first call 🤥I have a buyer for you 🤥I don’t have a price in mind 🤥We’re not shopping your offer 🤥My offer will expire 🤥Seller just wants out
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Mason Fiascone retweeted
It cracks me up when owners refer to me as a "realtor". Commercial brokers are much different than residential realtors. No offense to realtors but I don't sell houses! I like weekends too much. 😎
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Mason Fiascone retweeted
Trade offs are thought to be constant in development. You can have scale, but little grace. Beauty, but no density. Fine grained urbanism, but no open space. Contextual design, no modern comforts. But is this true? When one gets creative & thoughtful, incredible things happen!
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Mason Fiascone retweeted
2022 is going to be another crazy year for investment real estate. Last year you can take 100% of bonus depreciation year 1. Let's gooooo
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Time kills all deals
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how do you learn about property taxes? do not call the city, they're lucky to have made it to the office before noon wearing pants - often times they don't know how their own taxes work find a local attorney who does heavy tax appeal work and pay for an hour crash course
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Mason Fiascone retweeted
I am looking to hire a commercial real estate broker assistant as well as a jr. broker. If anyone knows anyone who is interested, let me know! Experience not necessarily needed, just needing someone willing to learn, detail oriented and hungry!
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Mason Fiascone retweeted
Property management in a nutshell: Owners with 40 units “call me if it burns down” Owners with a duplex: “why did you pay $45 to cut grass? My guy only charges $30 please call me asap”
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