Career Path - Getting into Real Estate

Hello everyone,

First of all I want to kind of introduce myself and my current situation. I'm from Germany and I'm currently 19 years old. I just graduated high school ("Abitur" in Germany). I've always been interested in Finance (especially in Hedge Funds) starting at the age of 15/16 years. But as of now I'd definitely like to go into real estate and try to combine that with my interest in finance. My father owns his own real estate company in which I am supposed to take over with my older brother. The company focuses mainly on multi-family property development as well as on acting as a middleman for bigger property deals (recieving comission on the sale).

But I'm more interested in investing in residential apartments / commercial space to rent out and build a bigger portfolio, therefore basicly becoming a residential property company and maybe turning it into a real estate fund one day.

Now I'd really appreciate it, if some experts on here could give me some advice or suggestions on what I should do in the future in terms of my career path, as I've only talked to my father so far. The current plan is that I'm going to study real estate starting in September. Another question is if I should start at the family business right away or would you advise me to go get some work experience in another company which focuses on rental property investing and join the family business after that? Also which kind of company should I get some work experience in? REIT or what would you suggest?

I appreciate all kind of advice.

Have a nice day!

 

Aut voluptatem eos ratione mollitia. Possimus eos sed atque est harum. Ea exercitationem error velit molestiae. Quae non veritatis doloribus sapiente impedit reiciendis sapiente.

Nulla ut iusto sed ullam voluptatem illo molestiae debitis. Voluptatem nesciunt quos ratione corporis. Aliquid aut tenetur reiciendis et adipisci architecto. Modi consequuntur sunt voluptatum minus. Consectetur enim animi blanditiis rem qui. Iusto tempore ut incidunt. Eligendi quia cumque sit incidunt sit.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”