My Wednesday night class is a real estate class. I like real estate. I understand if you don’t. Pro: entrepreneurial. Con: Lawyers, accountants, bankers, contractors, architects, assessors, building engineers, real-estate agents, et al.
Seriously: you need a swat team to get anything done and a wallet full of cash or a willingness to go into debt. Scratch that. You need both.
It’s a tough business. But here is where Tulane comes through. They get this local guy Brian Gibbs. Not some accountant that knows how it works on paper. Not some lawyer who listens to everyone’s stories gone wrong. No, they don’t even have some stuffy faculty member who’s clouded with “his research.” Brian Gibbs, and I would link to him if he had a website (Small fish you say? No website?), is a native son of New Orleans. His father owns a big construction company in town, so he was born half way into it. My point is that the guy lives and breathes the stuff every day in the local environment, except for Wednesday nights when he comes in and explains it all to us. He’s done well for himself. He is one of the most prominent developers in the area. Our materials are his actual deals. He’s transparent about everything.
It’s a great class. We’re doing real development proposals on real buildings with real numbers. When we’re done anything we actually do could be carried into a bank for financing. That’s as hands on as you can get. I have already read the first textbook he gave for the class and we’ve only had two classes.
The homework is real world. The class is down-to-earth and fun. The books cost $0.
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