Career advice for a fresh 21 yr old College graduate

Career advice for a fresh 21 yr old College graduate

Roswell, GA · Member since 2012 · 2 posts · 0 votes

Thank you for your consideration.
I recently graduated college at 21, from Georgia State University with an Accounting degree. I chose Accounting because I wanted to learn the role of accounting in business and had thoughts of becoming a CPA. After interning at a local CPA firm and talking with numerous Big Four professionals, I came to realize that although I did well in accounting and took full advantage of accounting clubs and associations, real estate was my true passion.

I paid my way through college with part-time employment, Georgia's state-funded scholarship, and have no debt. Recently, I have explored real estate forums, asked my former real estate professors about real estate careers, and have been reading textbooks on the basics of real estate.
Now for the question.

If you were 21, out of college, and with no real liabilities, what paths would you take? I have an interest in the commercial real estate market and have been considering the Commercial appraiser route or Analyst positions. Next month, I start a 3-month internship with KPMG, and then I start full-time or leave for something else depending on my real estate opportunities.

My long-term goal is to manage several commercial real estate assets.

I look forward to any personal stories of success, steps you have done differently, advice, or career prospects.

Thank you.

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  • Investor · San Ramon, CA · Member since 2011 · 1k+ posts · 569 votes
    14y

    Not a bad post, but please supply a bit more info...

    Do you have any net worth? I know you have no debt, but having money in your pocket can change things...

    How much income do you need to live? Are you living with parents or relatives and could essentially work pay free in order to learn?

    Are you looking for a job that pays the bills or are you looking for a job that gives you the skills to be a long term investor? i.e. instant money versus experience...

  • Roswell, GA · Member since 2012 · 2 posts · 0 votes
    14y

    I appreciate the feedback.

    Net worth? I have just enough to get by.

    I live with my parents for now until I get a secure job.
    I have an internship with KPMG for 3 months and then I will know
    to start full-time or use the internship exp for full-time with another company.

    I'm looking for a job that will give me the skills and help me get by
    we are talking at least 40k a year.

    I know accountants start off 47k-55k a year but I'd rather take a paycut to learn about how housing properties are valued, what tools/programs are used, licenses to pass, etc

    Please keep these posts coming. Thank you again.

  • Houston, TX · Member since 2011 · 673 posts · 360 votes
    14y

    young and no liabilities is worth a lot more than 20k in the bank and kids.

    YOU need to research the different parts of the market and decide what niche you enjoy.

    Then get after it. Work for free under a seasoned investor in that field, or intern for dirt cheap and do everything you can to move forward.

    Set goals and work towards them.

    I would set personal monetary goals like live at home and save 75% of what you make. It really takes money to make money in REI.

    NETWORK! get out to the clubs and introduce yourself to everyone.

    Best of luck!

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