Best Job Path to Make RE Investing a Career

4 Replies

Hello All,

I am a petroleum geologist by trade with an MSc that somewhat recently moved to the Dallas-Fort Worth area due to a relocation for my wife’s job (also a petroleum geologist). I kept my old job in a previous state for over the past two years, worked remotely for half the year and traveled back to the office the other half of the year. Traveling so much got old and tedious, so I decided to leave and try to find a job in my current city. The oil and gas industry is surprisingly small and can be unforgiving during tumultuous times. That said, I haven’t had any luck with my employment over the last few months and am looking to try and make real estate investing a full-time gig.

I’m looking for advice on what potential job opportunities would provide me with the proper experience to pursue this field (eventually on my own) while also getting paid.

My ultimate goal is to establish a portfolio that consists of multiple multifamily (>5 units) rental properties, and eventually working with or starting my own syndication as a GP. I’ve looked for job opportunities that could be a good fit, but don’t exactly know what I’m looking for so I feel stuck in the process.

My wife and I are LPs on a syndication we bought into earlier this year, which has done well for us thus far. I’ve gained some knowledge through that process, but nothing that provides me with the hands-on experience needed to thrive as a full-time investor. I’ve also read multiple books, blogs, etc on RE investing.

So again, I’m looking for some advice on a potential path that would provide real life RE industry experience to gain the knowledge and expertise to make RE investing a full-time career.

Thank you,

Graham

Probably a property manager or something in the asset based lending field if you want something salaried.  Obviously real estate agent if you want to work for commission, but expect to start at a lower pay grade than you were before if you want something salaried.

@Graham Wilson there's a lot of different directions you can go in real estate. First step would be to determine what type of property you're interested in whether commercial or residential and then what strategy ie. buy and hold, flip, development, value add etc.

Options for careers are investor, broker, property manager, asset management, analysts, leasing, construction and development. etc.

Originally posted by @Greg Dickerson :

@Graham Wilson there's a lot of different directions you can go in real estate. First step would be to determine what type of property you're interested in whether commercial or residential and then what strategy ie. buy and hold, flip, development, value add etc.

Options for careers are investor, broker, property manager, asset management, analysts, leasing, construction and development. etc.

I fund deals for those that cut their teeth at hedge funds and big syndicators doing underwriting those folks enter the business once they have incubated with good back ground and ready to roll.. Plus working in those areas they have some deep connections.. 

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you