Best degree for real estate investing

[Chris Parker]

Hello Everyone!

I know that a college education isn't exactly necessary to get started in REI, but I am currently on my way to getting my degree and figure I should go for something that would help my endeavors in real estate. I haven't started any core curriculum classes yet and was wondering if anyone had advice on which degree would be best.

Business? Entrepreneurship? Finance? 

Thoughts?

[James Park]

@Chris Parker,

Looking back I think my undergrad course work in finance and accounting has been very useful for me as broker/owner, investor, and dealing with my clients. I think an undergraduate degree with a concentration in finance is a good choice whether you pursue a career investing in real estate or wall street. 

If you don't have the funds or the time to get a 4 year degree , I would highly recommend taking the CCIM curriculum or atleast CI 101 Financial Analysis even though you don't sit for the 6 hour exam. You will learn how create a discount cash flow analysis, calculate NPV, IRR, Operating Expense ratio, Profitability Index etc. CCIM designation is considered to be the MBA equivalent among commercial real estate professionals. Most real estate designations I consider to be mickey mouse letters you put on your business card. however the CCIM designation is one RE designation I have high regards for.

CCIM 4 core classes

Financial Analysis – CI 101
Market Analysis – CI 102
User Decision Analysis – CI 103
Investment Analysis – CI 104