Kyle Bellini - Why Choose the  Hough School of Business? 

Kyle Bellini faced a tough choice soon after graduating with a Bachelor’s degree in Finance from the University of Florida: go back to school or try to break into real estate investing on his own. He knew he wanted to get into commercial real estate investing because he saw a huge opportunity for a great career in the field. While his Finance degree prepared him to get at least a foot in the door in this industry, he wanted to further train and challenge himself to build a stronger career in the future. In the end, he decided to return to the University of Florida and earn a Master of Science in Real Estate degree (MSRE) from the Hough School of Business. After graduating in May of 2016, he has not regretted his decision.

Kyle Bellini

The Hough School of Business at the University of Florida gives graduate students the choice to pursue the path that is the best suited to their individual experiences and future goals. Kyle Bellini took advantage of the Hough School of Business’s UF Global Immersion Experiences, which sent him to Argentina to learn about the local real estate market there and how to value properties. Kyle Bellini learned much on his travel abroad, and the entire experience of earning his degree at Hough prepared him for a long career in commercial real estate investment. The Hough School of Business has over 100 elective courses for students to choose from, as well as an eclectic blend of degrees and programs for students trying to break into business for themselves.

Kyle Bellini is looking for opportunities to use his MSRE degree in his budding career.

Kyle Bellini - Careers for a Finance Major

Kyle Bellini used his Bachelor’s degree in Finance to earn a spot in the Hough School of Business at Florida University, where he earned his Master of Science degree in Real Estate (MSRE). He is primarily interested in commercial real estate investment and he hopes to forge a long a successful career in the industry with his educational experience at the University of Florida. Bellini is not the only Finance major to move on to real estate, certainly, but many students go on to have successful careers using their Finance degree. Here are a few examples:

Kyle Bellini

  • Money managers. These professionals differ from financial managers in the type of assets they usually manage. Money managers hold stocks and bonds on behalf of institutional clients. They must be skilled at the latest quantitative methodology, which can be very elastic and complex.
  • Financial planners. Financial planners work with individuals to help them manage their personal finances. They make retirement plans, invest intelligently in certain industries and companies, and work to help their clients achieve their personal financial goals. Kyle Bellini and Finance majors can break into this line of work by working at a financial advisory company.
  • Commercial banking. There is a rising tide of opportunities for commercial bankers throughout the financial sector in the United States and abroad. Finance majors like Kyle Bellini often get their start in commercial banking.

Kyle Bellini has used the many skills he has learned as a Finance major to earn his MSRE degree and plans on using them later in his career.

Kyle Bellini - Three Factors that Show the True Value of a Master’s Degree in Real Estate

Kyle Bellini earned his Master of Science in Real Estate (MSRE) degree from the University of Florida in 2016. He plans on using his education to break into the commercial real estate industry as the owner of his own firm one day or with a large real estate investment company. Bellini learned much during his time in graduate school and the skills that he has developed will help him in his career of course, but there are other advantages to earning an MSRE degree:

Kyle Bellini

  • Use your network to vet business ideas. If you’re planning on starting your own commercial real estate investment firm, the time to start talking to professors and students and using your built-in network in the classroom is while you’re in school. The opportunity cost is extremely low to launch a new business, and you can learn much about which business ideas will work and which won’t.
  • Develop a useful network. Spending a year and a half in the same classroom with the same people will allow you to build relationships with other would-be real estate investors. Kyle Bellini has made many friends of his fellow students that may lead to future business opportunities and ventures in the future.
  • Get a wide view of the industry. Many entry-level employees in the real estate industry in any capacity usually work in one specific area of real estate. As a graduate student like Kyle Bellini, you’ll learn about architecture, construction, and property development for just a few examples of the wide array of topics covered.

Kyle Bellini plans to use all the advantages he gained as a graduate student in Real Estate to build a successful career.

Kyle Bellini - Three Commercial Real Estate Appraisal Tips

Kyle Bellini earned a Master’s degree in Real Estate from the Hough School of Business at the University of Florida in 2016. He has experience in Finance as and developed many skills essential to building a career in commercial real estate investment. One of those skills is property appraisal. Bellini got plenty of experience appraising commercial properties during a trip to Buenos Aries in Argentina during a school-sponsored trip. Here are three basics of commercial real estate appraisal tips:
Kyle Bellini

  • Inspection is only the first, small part of the process. Some appraisals of commercial properties take less than an hour to complete. Inspections are conducted to look for obvious issues with the property, such as repairs and structural damage that may have occurred. As Kyle Bellini now knows from his trip to Argentina, this is only the beginning. Appraisers also have to research zoning records, replacement costs, demographics in the area, and more.
  • Search for misrepresentation of facts. As an appraiser, you have to be able to discern fact from fiction. Kyle Bellini learned how to be skeptical of those showing the property and how to ask the right questions to not only learn more about the property, but also to test the property holders on their credibility.
  • Get the necessary data. Try to get all the numbers you can from the property holders, including drawings of the property, income statements, and more.

Kyle Bellini learned much from his trip to Argentina and he plans to use that information well in his career.

Kyle Bellini - Tips to Land a Commercial Real Estate Position

Kyle Bellini is a University of Florida student who will graduate with his Master’s degree in May of 2016. Upon graduating, Kyle Bellini plans to pursue a career in commercial real estate in his home state to begin his professional path. Some of the many steps that aspiring professionals take to help them land the job of their dreams in commercial real estate include:

Kyle Bellini

  • Customize Your Resume – Customizing your resume for the position that you want takes time, but it’s worth the effort. Consider what hiring managers will be looking for, and then tailor your resume to show the right side of your experience.
  • Prepare – Prepare before every interview with comprehensive company research so that you know its products, mission, culture and important employees. This can boost your confidence and make you a more appealing prospect.
  • Refine Your Presentation – Present yourself in a way that shows how professional you are. Arrive early, dress well, smile and make eye contact with everyone you speak to.
  • Listen – Listening more than you speak will make your potential employer view your interaction positively. This will also prevent you from rambling and make you appear confident, even if you’re not.
  • Ask Questions – Asking the right questions makes you appear interested and intelligent. Prepare a list of relevant questions before your interview so you’re prepared.

Real estate students like Kyle Bellini often learn about methods like those above during their coursework so that they are better prepared to enter the working world. In addition to their college educations, though, many of these students continue to research the topic until they have the jobs that they want, and this is often considered the best approach.

Kyle Bellini - How to Network in Commercial Real Estate

Kyle Bellini is a University of Florida student who will graduate with a Master’s degree in Real Estate in May of 2016. He plans to focus on commercial real estate and to apply his background in personal finance to his career. Students and aspiring professionals like Kyle Bellini often find their first positions through intelligent networking tactics. Networking is taught as a vital real estate skill, and the following are just some of the many points that college courses cover:

Kyle Bellini

  • Personal Interaction – How you interact with others will determine how successful you are at networking. Basics of positive interaction include speaking with people who are sitting or standing alone, giving more than just a name when you introduce yourself, using the name of the opposite party/parties frequently in conversation and opening the conversation to anyone nearby.
  • Professional Image – Presenting yourself well will make networking a positive, rather than a negative, experience. The basics of maintaining your professional image in real estate include dressing appropriately for your event, smiling often, making eye contact with others and waiting until the end of a discussion to hand a person your business card.
  • Small Talk – Making small talk is key for networking. Avoid topics like religion, politics and controversial news, instead focusing on neutral topics that you are knowledgeable about. Relate to the people that you are talking to, ask questions and prompt them to give you their opinions.

Students like Kyle Bellini start networking as soon as they enter college courses, and the peers and professors around them can prove to be valuable allies in the future.

Kyle Bellini - Commercial Real Estate Perks 

Commercial real estate is student Kyle Bellini’s chosen career path. He was drawn to the field after completing his Bachelor’s degree in Finance, and he plans to find a career related to acquisitions, appraisal, valuation or something similar after graduating with his Master’s in real estate. Business-oriented students like Kyle Bellini are often compelled to switch to commercial real estate because of the financial opportunities that it presents.

Kyle Bellini

A few of the many benefits of investing in commercial real estate with a trained professional are listed below:

  • Networking – When you own a commercial property that you intend to rent to other professionals, you are able to network with a number of business owners. You will build new professional relationships that could prove valuable in the future.
  • Limited Hours – Most businesses operate in limited hours, which allows more freedom for the commercial property owner than if he or she had 24/7 tenants. Save for emergencies, most commercial real estate owners do not have to worry about midnight phone calls interrupting their lives.
  • Public Eye – Renting your commercial space to respectable business owners means that your tenants are in the public eye. Professionals in the public eye tend to take better care of their rental property than residential tenants do, in many cases, as their success depends on it. By having tenants who depend on a positive image, your property also maintains a better value.

Don’t approach commercial real estate alone, especially if you lack an education similar to Kyle Bellini’s. Instead, seek the aid of a pro to ensure that you invest your money wisely.

Kyle Bellini-Preparing for Real Estate Negotiations

Kyle Bellini is a Florida student who will graduate with his Master’s degree in Real Estate in May of 2016. He is passionate about commercial real estate and he began education in the field after earning a Bachelor’s in Finance. Financial-minded students like Kyle Bellini are often drawn to real estate because of its investing potential, and because of the field’s complex finer points, such as negotiation.

Real estate negotiation isn’t simple for the buyer or the seller, but with a trained professional, it doesn’t have to be terrible. The following points are just two examples of what your real estate professional might educate you on to prepare you for real estate negotiations…

Closing Costs
Buyers are expected to pay closing costs on their mortgage, which is held for taxes, insurance and other items. Educated buyers often ask the seller to pay a dollar amount toward closing costs in exchange for a higher asking price. Tactical planning can help you assess the best option for your situation.
 
Inspections and Repairs
Inexperienced buyers often fail to have their properties properly assessed for projected repair costs. Depending on the inspection result, you might be able to renegotiate with the seller or realize that, contrary to previous appearances, a property is not the deal that you were looking for.

When you’re entering commercial real estate, seek a professional who, like Kyle Bellini is also interested in finance. These pros can watch out for your best interests and they will apply their hard-earned expertise to every situation.