Engineering and Real Estate

[Jon Wimmer]

Hey BP,

I was wondering if anyone has advice on how I can apply my mechanical engineering degree to learn more about real estate. I just graduated and am currently looking for my first entry level job. I was thinking I could work for a residential development company as a civil engineer or something similar. At this point I feel that applying my job to real estate then I can still learn, network, and provide opportunities to myself so I can efficiently do real estate investing. I am willing to take a pay cut for a position that may not be as high because the other benefits (knowledge) will outweigh pay.

[Omar Khan]

@Jon Wimmer You can use your analytical skills in real estate in multiple ways - underwriting, construction, project management and management. From an investor's point of view, you might find it easier getting a higher-paying (on average) engineering job and using your funds to start acquiring properties. 

From a career perspective, you must start networking. Setup informational interviews with interesting people to learn more about the industry and what area you'd like to work in. As you educate yourself, you will develop a better understanding of where you fit best.