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All Forum Posts by: David Penco

David Penco has started 1 posts and replied 1 times.

Post: Experience or Income?

David PencoPosted
  • Posts 1
  • Votes 2

Hi everyone, long time listener and reader but have yet to begin my own investing career. I am hoping to acquire my first multifamily in the Boston area in 2024, but before I do, I have to decide on what direction to continue my career. I have a degree in mechanical engineering and ~5 years’ experience in the field. Though early in my career, I have progressed quickly towards leadership and project management positions. I have really enjoyed the project management work that I have done, and believe it opens opportunities in other fields of work. My current hope is that some of those opportunities might be in the real estate space so that I might begin to gain some experience while earning a primary income. This brings me to my questions:

Are there any jobs within the real estate space that you think I would fit in well?

If that job required me to take a pay cut, to what extent do you think the value of experience could outweigh the loss of income?

I would love to connect with anyone who has transitioned from engineering into the real estate industry as well as anyone in the Boston area who could offer any advice.