Currently work as an associate (2 years as an associate) for a RE investment firm remotely, but am hitting the wall of remote upward trajectory since I never get face time. Additionally, while the experience is really good (a lot of hands on work), I'm severely underpaid.
The issue I am running into is I live in the Midwest with very little opportunities to continue in RE (2 reputable RE firms in my city), my wife really likes her job, and we are building roots planning a family and own our home here. I would love to continue in RE, but I've been looking for 1-2 months and the only RE jobs end up being analyst roles with ~1 year of experience.
There are PE firms on the corporate side, but as I don't have IB experience I'd lose the progress I've made if I could even swing a role. There are IB firms here, but outside of 1-2 firms, the pay here is pretty low for the hours you put in. I work roughly 50-60 hours and IB here is still 70-80 and I was quoted that analysts make ~$100k and associates ~$150-$160k. I would be increasing my hours by ~33% and my pay would be bumped by only 30%, so it'd be a lateral move at best while also losing progress and having to learn new industries.
Not sure what the best solution is, if I just wait it out and hope something opens up, consider moving, or just continue getting underpaid.