Looking to make a career pivot. How can I break into the real estate industry?
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[{"id": "htbpsa0", "text": "Can we restrict these \u201ccareer\u201d posts to only weekends or something? 1/2 of this sub isn\u2019t about CRE but basically job interview questions. \n\nWork for your dad\u2019s company. Be the kid of rich parents. That\u2019s the best life advice there is", "replies": [{"id": "htbq4bq", "text": "He\u2019s retiring.", "replies": [{"id": "htbse3s", "text": "So now he has time to help you learn the business. I think the other response could have been stated a little differently but essentially they are spot on.\n\nYou can transition, take an entry level job with no experience, and probably make the same or less than you do now. You'll be bottom of the totem pole and have to fight your way to the top. \n\nReal estate, esp comm RE, is hugely capital intensive. So, you can work your way up through a corporate environment, save, and then go out on your own. Or, perhaps you can get some experience and go after investors. \n\nDevelopers are top of the totem pole bc we control the cash. If I had a family member who could potentially put my in that position, I'd try to work with them to teach me.", "replies": [], "depth": 3}], "depth": 2}, {"id": "htbrj3r", "text": "&gt;Be the kid of rich parents\n\nTbh this is the best advice. If you can't afford to kind of coast for a couple years while you heat up its going to be extremely taxing on your time and ability to work. If you're the kind of person who doesn't sleep well not knowing where you're going to hit your next deal, this is not the industry for you. Not that people don't work a second job while building a book, but I've noticed those people burn out a hell of a lot quicker.", "replies": [], "depth": 2}], "depth": 1}]