Real Estate Modeling Course

  • Real-life RE Modeling Tests from actual Interviews
  • Various asset classes including multi-family, commercial and more
  • Huge discount - until more tests and cases added

Comments (12)

  • Prospect in RE - Other
Jun 7, 2021 - 12:14am

There was a post a little bit ago about not being properly comped in the bay area. My personal take, I wouldn't live in SF and do RE. RE pay can't keep up with tech pay. Wether it's sales, development, or anything in between. 

  • Analyst 3+ in RE - Other
Jun 8, 2021 - 1:18am

This notion that the ceiling is higher in real estate versus tech is "BS". The whole notion of upside and carry is an excuse for old white men to lure in talent on the cheap. Over the course of a career, you are 99.9% better off starting as an entry level software engineer as opposed to an acquisition analyst. 

All the money in real estate has been made and the dreams of becoming the next Don Bren is over. Real estate is a mature industry and the growth opportunity to go from nothing to a billion dollars is gone. 0% chance. Capital is just too intensive and real estate and land too expensive for anyone just starting out to amass any type of fortune. At least in tech, you're in a growth industry with maybe the opportunity to hop in or start the next "big thing". 

For most of the non entrepreneurs, you're way better off climbing the ranks at a Google or Facebook as opposed to a PGIM or Invesco. Total compensation doesn't even come close if you're climbing the corporate ladder at a tech firm compared to an institutional real estate firm. 

But hey, most people can't do tech / software engineering, so they just cry themselves to sleep with the false hope of a "high ceiling". 

I work in SF and for an acquisition analyst out of a top undergrad, you're looking at $100K/year to $110K/year total comp first year at best. For a SWE at google, your all in comp first year is at least $150K to $200K+ total comp. And let me tell you something about working in SF....they are in no hurry to raise your comp....$100K all in first year out of college sounds sweet to the old white guys who made $40K out of college, but compared to your buddies who make double what you is not great.

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Jun 8, 2021 - 1:14am

I agree

I'm not doing RE for the base pay but for the necessary experience to start my own shop in a few years

  • Analyst 3+ in RE - Other
Jun 8, 2021 - 1:29am

Unless you have family money, there is like a 0.1% chance you can start your own shop "in a few years", and that's if you want to get in on the ground level and buy crappy rehab 4 unit apartment complexes in Bumville. 

I've interviewed so many analyst/associates that say they want to "do their own thing" and I've had drinks with many of them 3-5 years later and they all laugh at how naïve that notion is. 

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Most Helpful
Jun 8, 2021 - 2:03am

yeah it seems like they aren't the same skillsets, the do your own thing skillset vs the employee analyst skillset. my cousin is a successful real estate entrepreneur and isn't good at all with excel. he doesn't need to be good at excel. what he does know is how to hustle to find buildings to buy, what his cost per door needs to be in his market for the acquisition to make sense, what needs to be renovated in his properties and who to talk to about renovating them, how to property manage, managing relationships with contractors, lenders, and brokers.

Start Discussion

Total Avg Compensation

June 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (202) $234
  • 2nd Year Analyst (114) $151
  • Intern/Summer Associate (97) $145
  • 3rd+ Year Analyst (27) $145
  • 1st Year Analyst (419) $131
  • Intern/Summer Analyst (337) $82