Is commercial real estate a good career in this economy?
I'm a sophmore in college and am interested in commercial real estate. I do know of people who have been laid off from their jobs in this market, but I still want to do more research. I am intrigued at the thought of buying and selling commercial properties but would it become a downward spiral of a job, especially in this economy? ( I live in Dallas, TX if anyone has any input on the particular real estate situation here that would help)
Asked By: Hello - 9/14/2010
Best Answer - Chosen by Asker
This is only acceptable if you have another source of income.
Answered By: Landlord - 9/14/2010
Additional Answers (3)
Commercial lending is virtually impossible to receive, you have to bring a lot of money to the table before a lender will even consider a loan on commercial properties. So, unless you have capital to invest, you are not going to be buying and selling commercial real estate, period.
Answered By: godged - 9/14/2010
Very important topic. There are a number of public policies that can be implemented to create economic incentives that favor green and sustainable development. Unfortunately, many of these policies are not well known. Hopefully, this conference can help educate community leaders and organizers so that these policy... More
Answered By: dubai property - 9/15/2010
When I was in college I asked the same question. I was told to stay out of Commercial and go into Residential RE first. This was good advise as it is often less complicated. However, there are ways to go into Commercial straight out of college with the right education and contacts. Network with people currently in the... More
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