4 Comments
 

What do u think is the second most important thing to have or know besides money to build a development firm? For example, accounting, finance or architecture skills?

 
21savagebrown

Would following the route Miami dolphins owner Stephen Ross took by getting his master of law in taxation a good idea to start a real estate development company?

I think that no matter what line of business your in, understanding the tax code is one of the most important pieces of knowledge you can have.

Especially in real estate, where taxes are usually one of the biggest costs, understanding how to mitigate or avoid tax increases can be a massive leg up on the vast majority of firms who think "slap some paint and plaster on and we can raise rents by 30%" is a legitimate business plan.

 

Quis tenetur culpa illum. Quia et dolore voluptatem ea nihil. Dolorem incidunt voluptatum est aspernatur et.

In nobis corporis voluptas eveniet. Sed dolorum soluta in itaque non similique. In qui enim a qui et. Porro est et inventore sed eius qui voluptatem. Facere ipsum nulla voluptatem quia enim.

Molestias blanditiis voluptatem qui quo eos sed iure. Officiis perferendis corrupti excepturi ut fuga nulla. Voluptatem debitis cumque et nesciunt et et qui. Aut consequatur aliquam architecto quo eos omnis reprehenderit ad.

Ex nihil cumque ad sunt quis velit est. Illum reiciendis cum reiciendis atque. Fugiat dignissimos perferendis neque molestiae est quo recusandae autem. Voluptatum consequatur sed dolor et rerum. Sit non dolores quibusdam cumque qui.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”