My fiance and I would like to attend the same college, and get into the same business. The dream is to think of some beautiful homes together, he'll build them and i will sell them. We were also considering custom building homes for other people, and maybe building and running a couple rental properties.( ie, townhomes, duplexes, apartment buildings.) If he goes to school for construction, what will be the best major for me? Do I go to school for real estate, so I know how to sell the houses, or do I take business so I know how to run the business and the buildings? I'm confused
2006-07-31 05:40:46 · 7 answers · asked by XoHoT_CoMMoDiTyoX 1 in Business & Finance ➔ Careers & Employment
get a business management or finance degree and use your electives to take real estate classes. you usually have some choices about some classes so take real estate law and real estate finance. I would also have a minor like marketing or business law if you can handle it.
2006-07-31 05:44:34 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I would agree a business degree is the way to go. But I would focus on marketing but also get a good background in finance and accounting. Basic courses in both are a part of most business programs so you can see which best works for you. You do, however, want to get a grounding in the dollars since that is what will make/break your business even if it is marketed well.
Choose one so you feel good going into business. From my perspective, accounting is probably more practical when you start as it provides the nuts and bolts of tracking your business. Finance would be great down the line as the business grows.
And yes, for the real estate part you can take a course and then hire an attorney for the transactions and setting up contracts. A real estate attorney will always be in a better place to advise you even if you become a realtor- they just know the details better than most people.
2006-07-31 05:54:48 · answer #2 · answered by QandAGuy 3 · 0⤊ 0⤋
For yourself, I would definitely take real estate courses, but also a Home Inspection course would help, too. This course would keep you updated on what the current building ordinances and guidelines for building materials are needed to build new homes and what needs to be in existing homes.
At the very least, you could also make extra money as a Home or Commercial Building Inspector when Real Estate sales are low.
Good Luck!
2006-07-31 09:20:29 · answer #3 · answered by Big Bear 7 · 0⤊ 0⤋
Dual Major - Accounting/Real Estate. You will have to meet with ta attornies, so you want to ensure you know what they are doing.
FYI - My husband runs a rental property business (we own 10 homes) it is TONS of work, and he pretty much works 24/7
2006-07-31 08:34:22 · answer #4 · answered by Bluedetroitgirl 3 · 0⤊ 0⤋
I think you should do both. The business aspect will help you determine how to sell the property. The real estate aspect will help you understand concepts related to property. Do both......it won't hurt to expand your mind for the better.
2006-07-31 05:46:51 · answer #5 · answered by janeywb 4 · 0⤊ 0⤋
Get your business degree(s).
A real estate course can be done in a few months, even while you're at college.
2006-07-31 05:46:28 · answer #6 · answered by Hi y´all ! 6 · 0⤊ 0⤋
I would take Business Administration, just to compliment what your fiance will be studying......good luck.
2006-07-31 05:44:49 · answer #7 · answered by Honey 2 · 0⤊ 0⤋