Question:

Real Estate owning major?

What major should i do if my dad is buying half a million dollars in real estate? he is a doctor and will probabally end up owning it because i will go to school for it, so what should i major in for owning real estate and buying more and more

Answer:

Finance and economics
You don't need a degree or any formal education to be a real estate investor. Also, if your dad is a doctor and is really intelligent, he wouldn't be handing it over to you because he would already have done his research. No one drops 500K on something without doing the research. Also, 500K in real estate is really nothing in markets like New York, Dubai, London or Vancouver. I suggest you read up on real estate investment (there are tons of books on it). You should also familiarize yourself with mortgages (interest rates etc) and also get acquainted with several realtors that specialize in investment income so they can best optimize your purchase.

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