What should I major in?
I'm interested in understanding how the housing market, investments, and overall how money works. I want to be a real estate investor and be wealthy. What should I major in?
I have been saving to buy a house and rent it while I am still in college. I have always been fascinated with the housing market and I've always searched for a deeper understanding of how money works. What would be the most beneficial college major for me to reach my goal?
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I mean it sounds like you just like money and learning about it. I would maybe recommend a finance or economics degree because real estate is quite specific and I'm not sure if you know that you 100% want real estate. Explore your options, take your time. Quite ambitious to be saving to buy a house before even college, but that's your perogative. Just make sure you really want to buy a house and not rent it, prices are crazy nowadays. Good luck!
While I can't tell you exactly what to go into because that is ultimately your opinion here is a website with the 10 best degrees for a job in real estate.
Also you don't necessarily need a degree in something super related as you might just be able to start up with online resources.
I would look at the majors your college(s) of interest or the college you're attending offer. If you want to be a real estate investor, I would say go for something like a Finance degree because that could include things like corporate funding, investments, and markets and institutions.
Others that I don't think fit has much are Economics, which could help with your analytic thinking skills and help you pick the best houses/apartments/buildings to invest in, but it also is basically the study of money and it's production and consumption, or Marketing.
A Marketing major could be of more use and would probably be in one of the top two (Finance and Marketing) I would recommend. It would be more of if you wanted to buy and sell real estate instead of just investing in it. It could help with advertising, analytics and consulting, sales management and professional selling, or retail buying/management are all things I found under this after some research.
At the end, it's up to you what you pick and what your college offers, these are just the majors I would be choosing from if I was in your shoes, and are therefore just my opinion. Good luck!
I recommend that you look for specific programs that are only offered at certain universities that are specific to real estate. For example, USC has a major called Business Administration (Real Estate Finance) and UPenn has a real estate concentration within its Economics major. Just do some research and you should be able to find more of these.
If you are 100% sure you want to do real estate, you don't even need to get a college degree. I have a friend who is trying to get his real estate license right now (at 17 years old) and there are many successful (and wealthy) agents who never went to college. The thing about real estate is that it requires experience, not a degree, to be successful, although you may learn many valuable business/economics skills related to your career if you do choose to take that path.
In summary, consider all of your options and look for specialized majors.
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