My Gateway to Real Estate Finance & Property, Finally, But still Unhappy

[HeyPachuco!]

So, today I've found out that I have a chance to get into Real Estate Finance and Property via Masters Degree after a foundation degree I'm finishing. This is good news for me to gain entry into something like this, because the rewards after look prosperous. I've been miserable with contemplating on what I should do with my life for atleast 4 years now. I'm 22-years-old. I finally have a chance to get my foot in the door, it's going to be a hell of a lot of work and about 4-5 years rigourous training in total.

One of the biggest things for me though, is the fact that I think this line of work will change who I am. Yes it will change me for the better in the long run, but with the amount of work and type of work that I'm doing, I think my party Heypachuco Days are over. I remember Travis Barker said, he got so many tattoos because he wanted to stick at what he was doing (which was music) and not be able to get a normal job. I like tattoos and I'm the type of guy to get loads, like seriously LOADS if I didnt have this buisness opportunity. I like partying aswell and I have a hunch that my whole demeanor will simply vanish or become doormant, including with girls.

I don't want to become a straight -nerd and look back at 30-something yrs old and write threads on here. Right now I have the golden eye, I just think that with this line of work - Eventually, gaming women, partying and being a socially aware male will be unimportant and I'll forget the principles.

 

[ATX1001]

Eventually, gaming women, partying and being a socially aware male will be unimportant and I'll forget the principles.

They are unimportant.

 

[CaptainJ]

Hey good to see you're getting into real Estate. What have you got in mind? Are you going to be an Investor and buy to let or simply work as a real estate agent?

I don't think your skills with girls will become dormant, more likely you will mature HUGELY and become more of a man, which will enhance you. Anyway there's nothing to stop you from still meeting girls unless you become totally focused on your goals.

Personally I would be very excited at this opportunity to make something big out of my life and would be very focused on the end goal.

Also for Real Estate, go up North my friend. It's a fvcking goldmine just waiting to be harvested. ****loads of derelict and inhospitable homes, especially around Newcastle, just waiting to be bought up from the gov, a few licks of paint and you've got yourself a big income producing unit. This coupled with the fact that there's so much housing shortage up north, means big money.

Also empty your PM inbox mate

 

[Alle_Gory]

Nerd? You think financial success makes you nerdy. Hahaha... no wonder you're so depressed by all this. What you need to do is separate work from play. Sure you can do real estate, and it will influence you for the better. But it can't change who you are, unless what you are is incredibly weak to begin with. Are you really that afraid?

Don't take it so seriously, it's just a job. You don't have to do this for the rest of your life, unless you want to.

 

[kingsam]

dude, my masters classes went out quite a bit .... its just about getting a good balance. one guy even runs his own club night!

you might have to cut down a bit, but you can still have fun.... eventually you will have more money to do awesome sh!t....

a lot of people who dont go out think they are too busy... NO they are just unorgainised and inefficient, i could go out a lot more more but im not organised enough... if you have things to do, you get things done quicker. period

Work hard and play hard!

what Uni are you at and going to?

all the sales practice will reinforce PU skills

 

[HeyPachuco!]

Hey good to see you're getting into real Estate. What have you got in mind? Are you going to be an Investor and buy to let or simply work as a real estate agent?

Thanks mate. It's Property Management & Investment, intels on learning how to value, develop and manage property and to appraise portfolios of property investment. Assessing investment value, to estimate value as an asset in company balance sheets, for taxation purposes or/and to consider the feasibility of development of land for homes, shops, offices, warehouses, factories or refurbishment of obsolete buildings.

I don't think your skills with girls will become dormant, more likely you will mature HUGELY and become more of a man, which will enhance you. Anyway there's nothing to stop you from still meeting girls unless you become totally focused on your goals.

Your right dude, infact I'm excited. I guess it's more of the fact that I'm Killing the "Boy" out of me if I go this route. I've looked at the workload, and it's pretty tough. What I mean by what I said was, that you rarely see Alpha Guys on these forums who've got their shyt together. It's mainly guys who are actually in good jobs like Public Relations, Stock Brokers, Management etc. Who ask about How to get good with woman, or they're socially timid. Look at alot of the Bootcamp clips, you'll see there are a ton of guys who look like they can work for the president, but wouldn't get any appreciation or recognition in a social setting.

The only guys I know that still have the social awareness, even moreso than average guys are Lawyers.

Getting into to his, really contradicts who I am. My brother was shocked when he heard I was doing this for real. he thought I'd be playing football or doing Sport's Science, but I have an interest in this. I used to draw buildings and put price tags on them when I was a toddler. Still have the playbooks LOL.

Also for Real Estate, go up North my friend. It's a fvcking goldmine just waiting to be harvested. ****loads of derelict and inhospitable homes, especially around Newcastle, just waiting to be bought up from the gov, a few licks of paint and you've got yourself a big income producing unit. This coupled with the fact that there's so much housing shortage up north, means big money.

You're totally spot on. Middlesborough, Glasgow and Newcastle are two good locations right now - Both up North. As you probably know, with the economic downfall and the new gov we have, alot of jobs have been "Freezed" and a ton-load of employees are being made redundant daily. I can't really step back now, it's either go forward and face the music NOW or fail. You seem to know your stuff, are you in REI?

Also empty your PM inbox mate

Sorted.

 

[HeyPachuco!]

Nerd? You think financial success makes you nerdy. Hahaha... no wonder you're so depressed by all this. What you need to do is separate work from play. Sure you can do real estate, and it will influence you for the better. But it can't change who you are, unless what you are is incredibly weak to begin with. Are you really that afraid?

Don't take it so seriously, it's just a job. You don't have to do this for the rest of your life, unless you want to.

I get what you're saying. Ofcourse success doesn't make you nerdy. I just realised since being here, I've seen a few guys with pretty good jobs who are asking about how to get good with women and are basically, socially scared.

I can say, that I am mildly afraid, of "change". I haven't got time anymore, to play around and I realize that now. Killing your inner-boy isn't so easy for some people, especially if you consider near enough everything as a joke.

dude, my masters classes went out quite a bit .... its just about getting a good balance. one guy even runs his own club night!

you might have to cut down a bit, but you can still have fun.... eventually you will have more money to do awesome sh!t....

a lot of people who dont go out think they are too busy... NO they are just unorgainised and inefficient, i could go out a lot more more but im not organised enough... if you have things to do, you get things done quicker. period

Work hard and play hard!

what Uni are you at and going to?

all the sales practice will reinforce PU skills

You're right mate. Working hard to play harder.

I think its also a concept of leaving certain faces behind which bothers me too. I'm at Roehampton, got interviews for Reading and Bristol, looking into LSE too.

 

[FairShake]

Financial industry types party hard. And they party long too. Like into their 40s. You may have to adapt your lifestyle a bit and spend less time having fun but you're becoming an adult. That's part of the basis of being an adult.

Besides, being a nerd rocks. Beers and Rock Band should not be denied.

 

[Alle_Gory]

I get what you're saying. Ofcourse success doesn't make you nerdy. I just realised since being here, I've seen a few guys with pretty good jobs who are asking about how to get good with women and are basically, socially scared.

Probably because that's all they do. There's chumps everywhere. There's some chumps who are CEOs. Look at this: http://roissy.wordpress.com/2010/07/28/why-game-is-worth-more-than-a-billion-dollars/

How much money does he have?? And he's still carrying their sh*t. He's a goddamn CEO and he's with some ugly b*tches.

Your profession does not define who you are. Chumps are everywhere.

I can say, that I am mildly afraid, of "change". I haven't got time anymore, to play around and I realize that now. Killing your inner-boy isn't so easy for some people, especially if you consider near enough everything as a joke.

Buy yourself a nice car and play at the track. Bang some broads on the weekends and go skydiving... etc. Money makes play possible. You can have plenty of fun if you want to, at any age.

 

[CaptainJ]

The only guys I know that still have the social awareness, even moreso than average guys are Lawyers.

Getting into to his, really contradicts who I am. My brother was shocked when he heard I was doing this for real. he thought I'd be playing football or doing Sport's Science, but I have an interest in this. I used to draw buildings and put price tags on them when I was a toddler. Still have the playbooks LOL.

You're totally spot on. Middlesborough, Glasgow and Newcastle are two good locations right now - Both up North. As you probably know, with the economic downfall and the new gov we have, alot of jobs have been "Freezed" and a ton-load of employees are being made redundant daily. I can't really step back now, it's either go forward and face the music NOW or fail. You seem to know your stuff, are you in REI?


Sorted.

It wasn't the job that made these people AFC, it was their own mindset before they started. Also you could be looking at the wrong people as an example of AFCs, yes the middle of the line average solicitor and banker may be a bit AFC, but it's the people with the really TOP jobs and running the businesses who have the mindsets of winners (or alphas). Plenty of the true Don Juans on this forum have top jobs and are raking it in (Rollo for one). The only thing you need to worry about is settling for mediocrity and becoming static in your job.

Nah I'm not in REI, not yet anyway... I'm 18 lol no one would give me a mortage XD.

But it is something that really interests me and it's going to be my line of work when I leave Uni. I've just been reading a lot of stuff around real estate investment, and it just sounds perfect for me, so I've been planning my own little real estate scheme, and I'm surprised investors are not taking advantage of the northern goldmine, I really think there is a fortune to be made there. Who knows we may become business partners in 5 years.

 

[Bible_Belt]

So, today I've found out that I have a chance to get into Real Estate Finance and Property via Masters Degree after a foundation degree I'm finishing.

I don't know how the UK compares to the US. Does your degree include a realistic prospect of an actual job? Here in the US, that is hardly ever the case, especially right now, and especially not with a master's degree in business. The US job market right now is the worst since the 1930's.

It takes money to make money. How will you get your initial capital? If you are planning on investing other peoples' money, that takes more than education. It requires connections, salesmanship skills, and also enough skill as an investor to make enough profits for two people. Although I'm sure our system is a lot different in the US, I've dealt with OPM enough to know that it is exceedingly difficult, especially when you are just beginning. It's not impossible, but don't expect it to be easy.

 

[HeyPachuco!]

I don't know how the UK compares to the US. Does your degree include a realistic prospect of an actual job?

It takes money to make money. How will you get your initial capital? If you are planning on investing other peoples' money, that takes more than education. It requires connections, salesmanship skills, and also enough skill as an investor to make enough profits for two people

Hey Belt,

Yes, after completion. I should be eligable for a realistic prospect for work, including large national and international firms of property consultants, smaller general practice surveying firms and estate agents, office, retail and industrial businesses, central and local government and property development companies.

If I can gain employment with one of the large national and international firms of Chartered Surveyors I could go on to specialise in one sector of the market such as retail, industrial or commercial, or in one activity such as investment, development or agency.

The degree will also equip me for careers in other fields, in particular business management or law, with the advantage of an understanding of the management and law relating to property.

You may have to adapt your lifestyle a bit and spend less time having fun

It's not just the party-fun stuff. I've trained my mind to be put in a hard work ethic and withstand the storm, If I go for a dryspell for months upon months, to succeed? So be it. The main problem which I'm unhappy with, is I've recently started MMA. I love MMA and Conditioning/Fitness and in order to get really good in this, you need to be on the mat for hours on hours for a good few years, I atleast want to get my Blue and Purple belts in BJJ. I also want to learn an instrument and get good at that, pick up a new reacreational activity (tattooing) and become advanced, learn Psychology too. So the party-stuff is pretty much less important. But I'll have to put those on hold.

But it is something that really interests me and it's going to be my line of work when I leave Uni. I've just been reading a lot of stuff around real estate investment, and it just sounds perfect for me, so I've been planning my own little real estate scheme, and I'm surprised investors are not taking advantage of the northern goldmine, I really think there is a fortune to be made there. Who knows we may become business partners in 5 years.

What are you studying for now? In actuality, you don't need any specific REI qualifications to get in this line of work, but similiar qualifications like Buisness, Law and Management can help greatly and yeah, we might even be partnering, taking up the properties up north with those Scousers and Geordies

 

[Alle_Gory]

we might even be partnering, taking up the properties up north with those Scousers and Geordies

LOL. Good luck with that one. See Bible Belt's advice: "It takes money to make money".

Sure you can buy up a few properties for cheap, but houses still need upkeep and other things like property taxes, insurance, repairs from weather decay and squatters (assume there will be squatters if the house is abandoned), and other little fees that will nickle and dime you to death until you get a buyer.

You have to have enough cash to hold onto the properties until the market clears up a little bit... whenever that is. And then you need to get a good price on your house to make up for all the expenses and some profit.

You're not ready yet. You need capital to do something like this.

 

[HeyPachuco!]

LOL. Good luck with that

Thanks for the luck.

You're not ready yet. You need capital to do something like this.

Assumptions are the mother of all fvck ups. But thanks for the deterioration. I love this site LOL.

 

[CaptainJ]

You're not ready yet. You need capital to do something like this.

Which is probably why he's doing a 5 year course and will probably be saving up for it during those 5 years. Most people are not ready for these things, which is where preparation comes in

 

[YAboi]

dude (Hey pachuco!) pls clear out your inbox i have a message with a question for you.