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Updated over 5 years ago,

User Stats

32
Posts
5
Votes
Roger Verastegui
  • Real Estate Agent
  • Raleigh, NC
5
Votes |
32
Posts

A career in property management?

Roger Verastegui
  • Real Estate Agent
  • Raleigh, NC
Posted

Good morning BP,

Seeking advice, any help is greatly appreciated. I am a newly graduated professional, I got my real estate license in 2018 and got my bachelor's in Organizational Management this past August. I did not know exactly how I wanted to apply these qualifications, but I do know that I would like to become an investor and potentially syndicate bigger deals in the future. 

As I will be facilitating these deals and not bringing much money to the table I had to think of other ways to add value to these investments and investors. As a residential real estate broker I feel that I will not gain the necessary experience to add value when trying to syndicate future deals. However, if I have years of property management experience that would bring more value to the table than just finding the deal. With an established property management team we could keep all of over investments in-house managed. 

As of now, I see the broker side of real estate too uncertain and individualistic, I like the idea of working with a team and doing consistent day-to-day work. I am very proud to have acquired my NC real estate license, and I would hate to see it go to waste. Short-term I like the flexibility of brokerage, but long-term I cannot see myself in sales for the next 15 years. I can see myself as the founder of an intimate property management company, having excellent leadership and team camaraderie.

My question to investors, residential or commercial property managers is how should I work towards fulfilling my vision? Start as a leasing professional or assistant property manager? What are the biggest pros and cons of property management? What kind of personality does it take to be successful in property management?