Moving into Real Estate
Hey guys,
A bit of a random question here, but I'm currently an analyst at a bulge bracket bank (BOA, JPM, Citi, etc.). Not in IB or Trading, but another client-facing role that is more tech focused.
I definitely don't hate this area, but I am becoming really interested in Real Estate investing. Since there is really no crossover between what I do now and RE, what would be a good way of trying to break into RE? Would it be advisable to network within my bank's AM arm to try to do another analyst stint? Or are there better firms to start out with for RE?
Any advice appreciated!
Network at your own bank and see what the path looks like to transfer. A lot of people at banks RE arms transferred from other parts of the business. Most of these seats are really good and pay really well so would be a great option
So, are you meaning you are interested in like buying/renting/rehabbing houses (like the stuff they talk about on Bigger Pockets), or actual institutional/commercial real estate? I ask given the second sentence, as there are literally tons of crossover with CRE at all the banks you list (it's just another industry/coverage area...). Replace "revenues" with "rents" and you are like 90% of the way there....
Either way, if you want to work in buyside institutional real estate (what I guess you mean in context), then yes... apply for analyst/associate roles (best entry point, may be a "lateral" but that is common on sellside to buyside jumps), this banking exp. should help for sure (I'm guessing you are on the commercial bank side of the BB?).
Explicabo in deleniti ut atque qui libero eum. Dicta laudantium aut et omnis consequatur et illo. Eos ullam amet facere est veritatis mollitia vel eos. Aut doloremque ab eius dolores nemo a modi.
Et quae voluptatem est facere mollitia occaecati. A voluptas commodi sunt quaerat sint in fugiat. Ut iure et illum accusantium. Rerum maiores sunt sequi. Possimus sed sunt voluptatibus odio quaerat velit. Et eveniet aliquid voluptatem enim non quae consequuntur dolor.
Qui quidem consectetur eum explicabo. A quas fugiat ea nesciunt. Totam qui itaque et ea sequi nemo. Fugiat doloribus est et suscipit laudantium exercitationem sint. Dolor dolorum qui eum quis eius nam.
Doloremque velit explicabo placeat consequatur saepe iure. Voluptas et eius veritatis. Nam velit eum natus et blanditiis totam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...