MRED - Worth It?
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| +12 | Leaving Self-employment for Commercial Real Estate Brokerage | 2 | 4d |
| +9 | REPE Analyst Firm Advice | 1 | 2d |
| +7 | KeyBank RE Underwriting | 7 | 12h |
| +6 | What are the best undergrad schools for placing in real estate finance? | 10 | 9h |
| +3 | LIHTC Syndicator Comp | 1 | 1d |
| +3 | Anyone familiar with Migsun Nehru Place, Greater Noida? Thoughts on investing here? | 3 | 4d |
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Career Resources
This TLDR is one of the funniest things I’ve ever read on WSO. Ahh yes, because grad school is typically the determining factor in reaching a 9 figure net worth lmao.
“CB/JLL/M&M”
Lemme guess
One of the above just ain't like the others......
Well, if that isn't the official M&M firm mantra, I don't know what is.
Honestly, unless you really want an institutional level career, and all that entails, I probably wouldn't drop everything to go to grad school. Part-time at USC is not crazy at all if you like SoCal (and really, the brand is great coast to coast). Not sure that the institutional career path is going to actually put you on the "9 figures by 50" track. Of course.... there is no "9 figures by 50" track anywhere. You have to just figure that shit out, don't bother asking on WSO, not the place.
TBH, I would hold off until you know what you want to do. If brokerage is working out, great. If you want to syndicate and do direct deals, then the small and medium private client space is where you want to stay most likely.
Oh final point.... all my degrees are from state school, my analyst went to a "target"... guess who gets to tell who... what the fuck to do!
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IMO - full time grad degrees in real estate aren’t worth all that much unless you have a stellar pre-grad resume and are looking to move into institutional development.
Degree programs for real estate are generally very heavily localized - if you’re looking to relocate to NYC full time, Columbia could make sense to help build a network there. If you’re happy in SoCal, I’d 100% take the part time degree at USC. It’ll bolster your local network and give you a little more knowledge if/when you want to make a career switch.
I’m at a small debt fund in the Midwest and looked very hard at full time mba programs. Ultimately, I had enough conversations with current students who had tough time finding jobs, too much debt, etc. Full time grad degrees in real estate usually just aren’t worth it because it’s not something the industry looks for or requires to advance. Experience is much more highly valued. I’m doing a part time mba program at an M7 and it was a far better call.
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+ 1 advice. Sounds spot on to me.
Grad school of any sort sucks compared to a job with decent hours, pay, and upward mobility (all of which you have). Don’t waste your time going back to the classroom.
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Grad school doesn't get you a 9 figure net worth. Not sure if you meant 8 figure?
I would say giving up a year or two of earning would probably just slow your earning if you goal is 9 figures
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