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ArgusI know, I know. Another Argus thread. There's a pretty strong consensus from the WSO community that this software is a piece of shit, and yet everyone reveres it in the RE industry, more or less. I've been talking to an Dir at a decent company, and he came back with this today. It was only... 8 2 years 10 months
Economics, REI, and ExcelI have my bachelor's in economics and I've been looking for an initial analyst opportunity in real estate investment. I've spoken with a few firms, but not as many as I'd like to at this point. The one thing that seems to be constant is the hesitation of my degree and my experience with excel... 4 2 years 10 months
Entry Level TitlesDeleted. 8 months 3 weeks
Boutique Resume QuestionLong story short, I started as an electrical engineer at university, because that's what my parents studied. I dropped out for almost 2 years and worked at a video game development firm in their investigations department. I returned to university and graduated with a degree in Economics. After... 1 3 years 2 months
Determining Firms in DealsI recently graduated and moved across the country for a change. I've been working on networking out here, and I've actually met a lot of individuals in commercial banking. Some of the people I've met in line based lending have been complaining about their regional clients being acquired. I... 3 3 years 4 months

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Define "small to mid sized" REPE shop. Generally...Define "small to mid sized" REPE shop. Generally, it's very hard to break into reputable REPE shops straight from undergrad. 9 1 month 2 weeks
I recently moved from a REIT to REPE, so I'll try...I recently moved from a REIT to REPE, so I'll try to answer these questions with that recent experience in mind. 1. Leveraging your network is the best way to find new opportunities. It is how I found the vast majority of the opportunities I explored. However, I would offer three pieces of... 5 1 month 2 weeks
Most of the knowledge you get from the CFA...Most of the knowledge you get from the CFA material isn't relevant in real estate. With that said, as previously mentioned, it is a feather in your cap. It shows your committed to continue learning and you can balance work and self study. Finish it. 7 2 months 2 days
With regards to the original question, current...With regards to the original question, current compensation in the public multifamily REIT sector, generally, is as detailed below for investment roles, i.e. Acquisition/Disposition, Redevelopment/Asset Management and Development. Analyst (0 - 2 years experience) - $50 - 60k base + 15% incentive... 29 2 months 2 days
Can you attempt to clarify your question? I'm...Can you attempt to clarify your question? I'm not sure if I understand what you are asking. You're effectively underwriting a multifamily deal. A deal for a 5, 100, 200 or more unit deal should look very similar. Albeit I'm sure you can simplify it or make it more complex depending on what... 33 3 months 3 weeks
The issue is you're not effectively growing your...The issue is you're not effectively growing your rents 12 months with your calculation. If you know your rent is $100 in Month 1 and $103 in Month 12, you need to calculate the effective monthly growth rate as (1+0.3)^(1/11)-1. Vice versa, if you know the rent is $100 in Month 0, you simply... 4 7 months 1 day
I'll bite. I graduated last year with poor...I'll bite. I graduated last year with poor undergraduate grades, 2.2 GPA. Luckily, I landed a solid entry level job with a well respected firm in my industry because of persistence. I understand that I need to exhibit that I can be successful in the classroom. The advice I have received... 548 2 years 4 months
That's the only reason you want to go into...That's the only reason you want to go into development? I'm sorry, but that seems like a horrible idea. Why not leverage your investment position into an associate position in a development firm focus on acquisitions and redevelopment? That's a middle ground, and maybe later you can work on... 11 2 years 10 months
I know they're a fairly reputable firm with...I know they're a fairly reputable firm with intelligent people, who in general have lots of letters either before or after their name. I also know the management is super mouth shut, so there's really not much information about them out there. Gaining a big reputation on WS though. 2 2 years 10 months
Yes, of course I list system skills in my resume...Yes, of course I list system skills in my resume such as excel, argus, etc. Yes, in my experience thus far, it is still assumed Econ majors have little to no excel skills, despite what you put on your resume. The managers I've spoke with have said they have had a handful of Econ majors who are... 4 2 years 10 months
WallStreet Prep Master Financial Modeling