Making a Shift from Property Management to Real estate Analyst

[Alejandro Valbuena]

Hey everyone! 

I hope everyone is doing great! I am currently working in a property management company in Miami. As a young student I try to learn from any type of experience in the real estate industry, I have been involved in property management for a while and it has been a real eye opener when it comes to what it takes to manage tenants, maintenance team and much more. My goal has always been to get involved in the investing side of real estate. Having said that, I was wondering what is an effective way to transition from property management to a  Commercial/Residential Analyst position? I know financial modeling, excel, Argus and other platforms play a big factor when entering this positions, what is a good way to gain experience in this platforms? How can I land a job with experience in the real estate (property management) field but little to no experience in the Real estate (analyst) field? Is the property management experience worth something when looking for openings in the analyst field? 

Thanks for the help everyone! Have a blessed weekend!

[Cody J Leivas]

Quote from @Alejandro Valbuena:

Quote from @Cody J Leivas:

Check out wall street preps real estate course. They are the best when it comes to building Excel models at the instructional level for a reasonable price. You can do it all online or in person in some cities. 
Highly recommend. As someone that has gone back to school to get a Masters in Real Estate, I would say this course will get you 70% there in terms of foundation and 100% in the hard skill of excel modeling FOR A LOT LESS MONEY. 
If you want to meet people in the industry and have an easier time getting a job in this field, a Master's degree will help. 

 Great Cody! Thank you! This is a course I was not aware of. I assume you took the course because of how you speak about it. What would you say its the most important lesson learned from the course in your perspective? Do you currently work on an analyst position? 

I have taken the course.

Initially, I started my career in real estate financing at a small community bank, but later on, I transitioned into a consultant role where I specialized in underwriting and valuing deals for various groups involved in commercial property acquisitions. However, one particular group became my primary focus due to the volume of work they provided. Presently, I collaborate with them on acquiring industrial properties in the Midwest for their investors, while simultaneously developing my own investor base to invest alongside them.

Over time, my approach to adding value has evolved, but my ability to accurately forecast returns and develop strong business plans has remained a constant. Excel modeling was the foundation.