best place to start in real estate?
where is the best place to start in real estate out of undergrad?
it probably varies based on what you want to long term. regardless, sell legendary WSO user famejranc on where he should start networking in order to secure gainful employment prior to his graduation in 6 months. legendary WSO user famejranc has limited capabilities, so please factor this into your recommendation.
legendary WSO user famejranc will end his plea with a Bible verse. Cough Er herm. John 3:18 - whoever believes in him (legendary WSO user famejranc) is not condemned (and will receive copious amounts of silver bananas), but whoever does not believe (if you do not comment on this post, then you do not believe) stands condemned already because they have not believed in the name of WSO's one and only son.
legendary WSO user famejranc will be more clear - whatever comment receives the most SBs on this thread is where legendary WSO user famejranc will expand 100% of legendary WSO user famejranc's networking efforts. legendary WSO user famejranc will not stop until legendary WSO user famejranc achieves legendary WSO user famejranc's goal, which you all will specify for legendary WSO user famejranc.
real estate agent in mobile, alabama
edit:please sb
second edit: OP you better keep your promise:
"whatever comment receives the most SBs on this thread is where legendary WSO user famejranc will expand 100% of legendary WSO user famejranc's networking efforts."
looks like this is the play, thanks boise
Use the search function, memelord.
In reality, there is no real "best place to start." What are you interested in doing long-term?
i did. there is actually a thread 'worst places to start in CRE' but technically there is no 'best places to start in all of real estate thread', it is a relevant question. my long term interests are agnostic
Market Research...
Interning at WSO
Depends what you wanna do. Real Estate ppl bounce around within the industry so anything is possible from wherever you start from.
Howard Hughes Corp (preftige) is looking for someone to remediate the toxic mercury under 250 Water St / South Street Seaport.
Coincidentally, they are also looking for someone to buy their company and end the misery
Investment Sales, Strong Team(s), opportunity to work on multiple property types, opportunity to get some serious reps and be close to several deals. Ideally even getting exp on the debt/equity side as well.
In all seriousness- you can move around. And it depends what you want to gain.
Max Prestige (think like MW2 golden Deagle level prestige): Blackstone, Carlyle, Starwood if you want to be on the LP side
If you want to be at a big name developer: Related, Hines, Greystar, CIM Group
Big name REPE: Anything on the PERE 100, the higher up the more well known a company is typically (overlap with the former recommendations)
Big name brokerage: Eastdil, HFF, CBRE, JLL
If you want to succeed: Anywhere, it's what you make of it. Working out at Equinox makes getting fit more pleasant, but I'm sure dedicated people working out without shoes in some field in a country you've never heard of are just as fit (if not more). Life is what you make of it.
Good call. But can one even get into one of these companies out of undergrad?
Yes. And even if you don't- there's a lot of strong players in every region.
Meridian Capital is great for D/E in NYC, like George Smith Partners is strong in LA. Moran & Co is great for MF IS in Orange County. Tons of family offices to break into. My post did not even cover REITs- mega REITs like Extell or smaller ones that aren't even publicly traded. I did not even touch leasing nor asset management.
Others come from various backgrounds- many Construction/ Engineering -> MRED/MBA -> Developer stories (even on this forum), many developers got their start in leasing, and Jorge Perez (RE billionaire) got his start in urban planning.
Like all things in life- it's what you make of your experiences and the network you build up.
Son/daughter of a successful developer —> take over your family’s firm —> create an empire
Yes, I'll take one small loan of $1MM and then the presidency plz
I prefer to start in the basement and work my way up. Nothing like good foundations.
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