Real Estate Opportunity For Civil Engineers
Hi all,
I am currently a student enrolled in the BS Civil Engineering. I have an entrepreneur mindset and I really don't wanna grind from 9 to 5. To heat up the game, I do work for some of my projects which include websites and stuff.
Can anyone guide me on how can I make my first move to start earning some money or leave money, just start a professional life in the Civil Engineering?
It's my second year and I still lack direction. I had some interest in making websites and software but I am more passionate about construction. So guidance needed here. I need to start up ideas with minimum investments
abbasrizvi918, bummer your thread hasn't had a response yet. Maybe one of these threads could point you in the right direction:
You're welcome.
It's a long and brutal process, but at least you're starting out early. I studied CE, but spent 5 years after school doing structural engineering. 2 years in and I realized I was way too entrepreneurial to be stuck doing calculations all day. I spent 3 years on a conquest and finally made the leap into the development world.
I won't speak to "earning some money", but if you're interested in something along the lines of development: If you can, minor in finance. If you manage to get in a room with a developer, seeing "finance" on your resume seems to be what these people are looking for. Start cold emailing developers/real estate agents/REPE/GC guys in your alumni network. Google "(your school's name) real estate development linkedin" or "(your home town) real estate development linkedin". Reach out to those people. Meet them for coffee and get your story out there. Try to land internships at some small shops or get in a few days of shadowing.
The coffee chats and informational interviews are extremely important. Start doing that now, so you can network in hopes of landing an internship for summer. Peruse this site for some tips and tricks for cold emails/informational interviews/etc. (especially the investment banking forums) - it really helped me out. Meeting with different professionals in different roles in real estate will help you better understand what you want to do and what interests you.
One problem and mistake I made when studying engineering was not knowing how specialized and limited the exit opportunities were. If you don't think you want to be an engineer, make sure you set yourself up for success by adding on a business/finance minor - you have more routes with that. CE is a good skill to have (granted you won't really know how to do anything until you spend 1-2 years in the industry). Another option I almost took was work for a couple of years and do an MBA or MRED. Sorry my response was rapid fire, but got excited - you don't see too many engineers on this site.
Adding to this - I would get certified in Argus and take a CRE modeling bootcamp. This stuff should be a breeze for an engineer. You could parlay that into a development analyst role through your technical skill set.
I would recommend going back for a finance major before spending the dough to do MBA or MRED (unless you can get into an elite program).
Believe me it made me a bit excited too and I am thinking to incorporate some minors too. That coffee chats, I am planning them. Thank you so much
Agreed. Get some certs (like the ones previously mentioned) to demonstrate an interest and knowledge in RE and try to get into development. An MSRE or MBA is probably a huge-value add for you because you can get course experience, a good resume addition, and an opportunity to get internship experience in RE before FT. I know guys who went civil engineering ==> MBA ==> Dev analyst/associate. Finance acumen held constant, guys w/ civil engineering backgrounds tend to have an advantage when it comes to the project management side of development, so that's a selling point that most other candidates won't have, granted you may be competing against guys who are lateraling from development roles at other shops and have PM experience.
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