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Updated 6 months ago, 06/15/2024
Need Career Advice
Any advice from active RE investors would be appreciated. I've been in the commercial valuation industry for the past 5 years appraising office, industrial, and multifamily buildings nationally for institutional investors. Currently at a large global firm (at Houston location). A bit run down of the repetitiveness, lack of fulfillment, and overall client-pleasing obligations that must be met for every assignment. Money is good, consistently pull-in say $150-$200k although being extremely busy with very long hours. I just don't care anymore. I like real estate so I intend to stay in the space. If you had 12 months of expenses saved up, would y'all go all-in with real estate investing/entrepreneurship path? I'm thinking wholesaling, JV for acquisitions/renovate/dispositions, etc. Obviously meeting others/ a mentor in this space and doing the grunt work in exchange for their 10,000 hours would shorten the learning curve. I know know any path in this industry will be difficult but transitioning and applying the same amount of hours I work now, I'm sure it will lead to success eventually. For what it's worth, my current job has a very high barrier to entry in terms of experience/licensing so I can get hired tomorrow and make the same money if I ever needed to come back.