Indianapolis Area Real Estate Companies

[Steven Liu]

Hello All

Due to personal reasons I moved to Missouri and started working here, and after some significant life events that occurred during my time here, I quickly found out that I do not want to be stuck here with a job living in an area I'm not happy with. 

I'm contemplating on quitting my job here to jump with both feet in and become a full time real estate agent to start off my REI career. I have been studying/researching about REI for a while now and I know I want to eventually be living off rental incomes while doing some flips and buy and holds. And the reason why I chose Indianapolis is because I'm attending IU in the fall for a Master degree (online) and I want to be closer to the school so I can tap into the network there.

Any tips or advices for someone like me who is at a cross road and about to make a very big change?

Thanks in advance for taking the time to read and respond, I appreciate everyones inputs!

[Shawn Holsapple]

@Steven Liu welcome to BP and Indianapolis!

As mentioned above, going full time can be a challenge.

It took me over 6 months to start making a living - after quitting my very high paying W2 job [that I hated] but regretted [a little] quitting too soon.

Luckily, I had a comfortable savings to live on and a understanding/supportive wife.

Getting your license is a good idea. It will take several weeks of class time to get it. Plus, don't forget it costs almost $200 per month to be a member of MIBOR. [MLS]

We are in a very active sellers market and it's easy to sell properties but very hard to find them priced right to sell.

You might do okay as just a listing or sales agent while building up your wholesale and investor business - but it will be tough.

I hope that helps.

Of course, you need to read The Ultimate Beginners Guide to REI here on BP

If you haven’t already, please read/listen to these books ASAP!

Flip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

Rich Dad Poor Dad

Rich Dads Cash Flow Quadrant

Rich Dads Increase your financial IQ

The Real Book of Real Estate

The ABC’s of RE Investing

The ABC’s of PM

Rich Dad RE Tax Advantages

The 10X Rule

The E-Myth

The 4 Hour Work Week

BiggerPocketsPodCast

Wholesaling101 You Tube Channel

Kent Clothier – You Tube Memphs Invest channel