Should I go to law school or should I use my real estate license and focus on selling real estate?
Hey Everyone, I just posted this question in the Finance > Real Estate section and am now reposting in the legal section to maybe get some more answers from legal professionals. Thanks. I am a soon to be college graduate (December 2011) and I can't seem to figure out what I want to do after I graduate. I am going to graduate with a Finance degree (3.4 GPA) from a large state university and I also have my real estate license. I'm not sure what career path I want to take when I graduate but I do know that money isn't everything. If I have a job making decent money (100K a year) and actually had a life, other than working 80 hours a week and making 150k a year, I would rather have less money. The only two classes I have actually enjoyed since coming to school were Business Law and one of my Corporate Finance courses. I know with being a lawyer comes a steady paycheck and lots of different fields of practice. With being involved in real estate usually comes with your salary made largely up of commissions(I know some people that do land sales and commercial real estate and make over 500k a year) . I have read numerous books on real estate investment and personal finance and know that if I want to get started in real estate investing now is the best time to do it in like the last 50 years or so. I applied to several law schools yesterday to keep my options open.... What advice can you give me? Are there some cross over practices of law that could allow me to be in corporate law and real estate or M/A law? The idea of also being part of an investment bank also interests me.... My future business goals in life are to have my own practice where I also broker real estate and sell investments... Any advice on how to get going in that direction? Thanks so much!
Asked By: John Smith - 10/20/2011
Best Answer - Chosen by Asker
Forget law school. The reality is the economy, which has dramatically changed. Choosing a career is one of life's most important and difficult decisions. But knowing what your expectations are, and then comparing them to the realities will help you make educated decisions... More
Answered By: mailaccount63 - 10/24/2011
Additional Answers (3)
My first hit: The real estate market is up and down, but lawyers are always needed.
Answered By: tonalc2 - 10/20/2011
Go for the career that you feel that will be the most satisfying. You have to enjoy what you are doing.
Answered By: Fred F - 10/20/2011
A law degree and a career in real estate need not exclude each other. For example, there are tons of foreclosures going on right now, yes? That all has to be handled thru court. Another thing, there is/will be tons of tax sales going on also, when the value of the house becomes worth less than the real estate tax on... More
Answered By: Cal_Ranger - 10/20/2011
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