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Updated over 3 years ago,

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0
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2
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Career in Property Management

Account Closed
Posted

Greetings,

I am an undergraduate student majoring in management. I have an innate interest in real estate and plan to pursue a career specifically in the property management industry.

I plan to study a Postgraduate Diploma in Management once my undergrad is complete. However, I would be delighted to gain workplace experience-say two years-prior to furthering my studies.

I am a bit confused on which route to take with regards to the two streams in property management (i.e. residential or commercial). Initially, I looked into residential property management (sectional title and HOA scheme management) and developing or investing in these schemes as I acquire expertise and experience as a property portfolio manager. However, I see a lot of industry people (from Reddit and on BiggerPockets) advocating for commercial property management as opposed to residential due to the possibility of an early career burnout since residential management is demanding and apparently toxic.

Will you please advice which is a better option (commercial or residential property management) and why? Also as someone who is looking to be an investor/developer in the future what would you say is the better option for me? I feel being a commercial property investor/developer is a lot more taxing than developing and investing in residential property?

The plan is to invest in property I understand and have experience managing, meaning if I go the commercial route then I will invest in commercial property rather than residential. The opposite applies for residential.

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