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Updated almost 9 years ago,
Career Advice! Commercial v Residential
Hello!
I've been on BP for a few months now. Never posted or commented just reading. But now I need some advice.
Background: I have a double major in Finance and Economics so I like the numbers but I don't like crunching numbers 40 hours a week. I have a great job(as good as the corp world gets). I own my condo. I'm 23 and very good with my finances.
Advice: I was originally just assuming that I had to start in residential real estate. I thought about commercial early on but then I just assumed that residential experience was needed. But after doing some more research I don't think that's the case. I have learned that since they are completely different in many ways experience in residential isn't that much more valuable. I understand that commercial is based on business decisions and residential is emotions. I would work toward the CCIM if I took the commercial route.
Question: Thoughts on jumping right into commercial/investment space rather than residential?
P.S. I'm willing to make this a career just not right away