Posts

Showing posts from April, 2020

Leveraged Breakdowns is the Best REPE Course

Leveraged Breakdowns offers the best real estate private equity course for anybody looking to break into the industry. We were once outsiders at non-target universities. We had to fight our way into this extremely exclusive industry. Through this process, and our subsequent years in the industry, we have learned how to navigate the interview process. Generally speaking, you have to master three things: Networking - this is the art of connecting with people. It’s not as hard as people make it out to be. Rule of thumb, I recommend you call two people every week for a year to get one job. My math is based on a 10% chance you’ll get an interview out of any call, and a 10% chance you’ll succeed in any process (so 1% chance any conversation gets you a job). So if you call 2 people a week for a year, that’s 104 calls. At a 1% hit rate, you’ll get 1 job from your networking efforts. So if you haven’t been calling two people a week, you aren’t taking your path seriously.   Market kno...

Developing Market Knowledge, Part Two: Sector-Level Research

The previous article in this series described: how passion is necessary to succeed in an REPE career, how interviewers look to see how you demonstrate passion through knowledge, how knowledge can be separated between technical and market-based, and how technical knowledge is necessary but won’t set you apart from the competition. This article will focus on how you can set yourself miles apart from the competition with market knowledge. We will show you exactly how we as megafund REPE investors have learned to source market knowledge with our years of experience in our careers in repe.   Where to find market knowledge So, we’ve already covered that the number one way to succeed in repe interviews is to demonstrate a true passion for real estate. Yes, you need to know your technical skills. But really, you’re going to shine once you can speak fluently about current events in real estate. So how do investors source this information? There are four general avenues that I have...