Career Advice...
Dear Monkeys,
Paging the wisdom of the jungle here—need some real talk.
Would it be absolutely bananas to leave my current gig in structured credit? It’s cushy, stable, and the money is flowing smoothly, but... it’s not real estate, which is where I eventually want to be.
Here’s the pitch: I’ve got an offer from a Real Estate Finance shop. Downsides? They underwrite tiny deals, burn cash like a dumpster fire, and the business model screams “not sustainable.” Culture? A cocktail of mildly toxic vibes, some brilliant minds, some raging egos, and a few genuinely cool people.
The upside? It’s a pay bump and a potential stepping stone back into real estate.
What do you guys think? Big brain move or career suicide? Throw me your two cents—I’m all ears.
Thanks,
A fellow monkey
Based on the most helpful WSO content, here are some key points to consider:
Risk vs. Reward:
Company Viability:
Career Path:
Timing and Risk:
Decision Making:
In summary, while the new opportunity has its risks, it could be a strategic move towards your long-term goal in real estate. Weigh the potential for growth and alignment with your career aspirations against the stability of your current role.
Sources: To Those Who's Had A Successful Career In CRE, What Advice Do You Have For Younger Generations?, Two Offers - Need Advice, When to jump - Advice on switching jobs, careers, and fields, From Real Estate Finance to Founder of Development Company - Q&A, What is your compensation in Real Estate Finance?
Any human around? Is WSO actually dead ?
Not dead just not nearly enough specifics to give you a good answer. What pay bump we talking here and how long has that re shop been around? How do you know they are burning cash?
Bump
Can't help you but bumping this.
Cheers bud
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