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Updated almost 5 years ago,
Acquisitions Manager job for Experience
All,
I'm looking for advice on a possible career change that could give me real estate experience to start out. There is a position open for an acquisitions manager with a real estate investment company in my market. This company buys homes for cash and renovates the homes to sell.
I've read the intro to REI book by Bigger Pockets and am currently working through J Scott's Book on Flipping Houses. Flipping is the niche I have decided to focus on currently. I have a bit of apprehension because I still feel like a complete novice. The fact that I will most likely have to risk all my money on my first flip scares me.
I currently have a lucrative and successful job in sales. My experience would translate well to this position and could provide me with experience in the process. This could provide me the confidence I need to go out on my own. The problem I'm having with this is the job security and financial benefits I'd be potentially giving up moving positions.
Does anyone have any experience with this? Would an acquisitions role with a successful REI company provide me with a lot of experience?
Thanks Everyone!