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User Stats

3
Posts
3
Votes
Cameron Scheuer
Pro Member
  • Property Manager
  • Cape Cod
3
Votes |
3
Posts

Career advice - potential next job/career move

Cameron Scheuer
Pro Member
  • Property Manager
  • Cape Cod
Posted

Hi everyone, I am a year out of college and eager to get more involved in the real estate industry. I have been working with a platform management company for about a year now and want to expand my horizons and learn other sides of the industry. I am not exactly sure what would be the best option for me but willing to hear out what people think would be a good idea. 

Overall my goal is to make enough capital to start investing while also learning about more parts of the industry while doing so. I feel confident in property management, so I am ready to move to a different niche, what should my next step be? Anything helps. 


Much appreciated, 

Cam

  • Cameron Scheuer
  • User Stats

    2,145
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    Jason Wray
    Pro Member
    • Banker
    • Nationwide
    1,203
    Votes |
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    Jason Wray
    Pro Member
    • Banker
    • Nationwide
    Replied

    Cameron,

    One of the faster ways to become cash fluid and have enough to buy a few REI is to get your real estate license. When you can close on a home sale in a short period of time those 2% and 3% checks pile up cash fast. You can choose to be a Sellers Agent, Buyers Agent or both to increase your odds of more sales/income.

  • Jason Wray
  • [email protected]
  • 727-637-4289
  • User Stats

    61
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    32
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    Gabe R. Gonzalez
    • Property Manager
    • Chicago
    32
    Votes |
    61
    Posts
    Gabe R. Gonzalez
    • Property Manager
    • Chicago
    Replied

    @Cameron Scheuer I've been working in property management for a while now. There's always something new that comes up; I know you're eager, but I'd keep accruing those property management hours on someone elses' dime. Move up the ladder and gain more responsibility - have you written a budget yet? Have you had to navigate a lawsuit, HUD complaints, messy evictions, etc? I promise you there's always something to learn just stick to it a bit more.

    In the meantime work on building a downpayment and do an owner occupied deal in the meantime (that's how I had scratched my itch to "do more".) Go to networking events and meet people - you never know how those relationships will come in handy. 

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    User Stats

    3
    Posts
    3
    Votes
    Cameron Scheuer
    Pro Member
    • Property Manager
    • Cape Cod
    3
    Votes |
    3
    Posts
    Cameron Scheuer
    Pro Member
    • Property Manager
    • Cape Cod
    Replied
    Quote from @Gabe R. Gonzalez:

    @Cameron Scheuer I've been working in property management for a while now. There's always something new that comes up; I know you're eager, but I'd keep accruing those property management hours on someone elses' dime. Move up the ladder and gain more responsibility - have you written a budget yet? Have you had to navigate a lawsuit, HUD complaints, messy evictions, etc? I promise you there's always something to learn just stick to it a bit more.

    In the meantime work on building a downpayment and do an owner occupied deal in the meantime (that's how I had scratched my itch to "do more".) Go to networking events and meet people - you never know how those relationships will come in handy. 


    Thank you for the input. I definitely agree, something new is always happening within PM. I have had my fair share of messy situations in just one year. I am looking to relocate from my home town and was looking for any other options, but I can definitely keep my experience in property management going. Thank you!

  • Cameron Scheuer