I just graduated from uc irvine majoring in business administration/finance and I want to get a job as a real estate investment analyst or something similar to break into the field but there were only like two real estate courses offered to undergrads do you think I should get a course like yours to learn RE financial modeling? Also for these entry level jobs what type of training do they provide if any or do they expect you to know how to do everything already
Hi Justin, I’m Seriously considering a career change. I’ve been in sales from the day I left school but feel like I’ve done all I can in the industries I’ve worked in and need a new challenge. Is 34 too old to start a new career as a commercial agent? I’m a natural hunter. Do new agents still do a lot of cold calling as their main form of prospecting? Curious to know, as I have a direct sales company and wondering if I could transition my staff into real estate in some way or another. Cheers
Hey Justin. I'm on the development side of single family residential development but would like to get more involved in the financial aspects of the business. We are the developer so there is no reason to hire a GC for each project. We currently just offer a preferred return to investors once the project is finished and sold. I would love to be able to model a complete development project for future investors. If we are selling the projects once completed, how would this differ from your course on Real Estate Development Modeling?
Hey Jianhui, unfortunately we don't have any courses at the moment on hotel valuation, and I'm not sure of another reliable resource to point you towards. Sorry about that!
Jianhui, hotels usually trade between 8-11x EBITDA or 8-9x EBIT. Of course, many other variables can effect that valuation such as intellectual property. Good luck!
