All Forum Posts by: Nate Estelle

Steve, thank you! That is helpful info. I discovered that in Indiana you do indeed need to be a broker or be employed by a broker in order to be a property manager. Thanks again!

Thank you Chris! That is helpful info. I discovered that in Indiana you do indeed need to be a broker or be employed by a broker in order to be a property manager. Thanks again!

Greetings all!

I recently got into the real estate world after beginning to listen to Bigger Podcasts during the Spring of 2016. I immediately started buying books and pouring through them to gain knowledge, but I know I needed experience. Thankfully, in May I landed a Property Manager position for a small property management company in the Marion / Gas City, IN area. There are two of us in the role at our small office, and our boss is the owner of the 292 properties we manage. We often get phone calls from property owners who want to rent out their investments but do not have the management tools, time or resources do so alone, but we turn these clients away because we only manage our boss' property.

Therefore, I have considered starting my own Property Management company on the side to manage a few of these properties we get calls about. (My boss knows I am an aspiring investor and that I, too, will own and manage my owner property while I work here, and he has no argument against that. Of course, there is no question that my first obligation would be to my current position and to my boss' assets.)

What should I know about starting a property management company? What are important factors to consider? Thank you in advance!

Greetings all!

I recently got into the real estate world after beginning to listen to Bigger Podcasts during the Spring of 2016. I immediately started buying books and pouring through them to gain knowledge, but I know I needed experience. Thankfully, in May I landed a Property Manager position for a small property management company in the Marion / Gas City, IN area. There are two of us in the role at our small office, and our boss is the owner of the 292 properties we manage. We often get phone calls from property owners who want to rent out their investments but do not have the management tools, time or resources do so alone, but we turn these clients away because we only manage our boss' property.

Therefore, I have considered starting my own Property Management company on the side to manage a few of these properties we get calls about. (My boss knows I am an aspiring investor and that I, too, will own and manage my owner property while I work here, and he has no argument against that. Of course, there is no question that my first obligation would be to my current position and to my boss' assets.)

What should I know about starting a property management company? What are important factors to consider? Thank you in advance!

I can as well, @Justin R.. I used to work for him, actually! Great man and company with integrity. You can pm me for details. Best of luck in your search!

Thank you everyone! I can already tell you and the BP community are gonna be amazing resources. 

@Brandon Borah I bought and read Rich Dad Poor Dad in a few days! That's what opened my eyes to work and wealth. I also bought many of those books on the list and am excited to read them. Next is the ABCs of Real Estate Investing!

Amazing and inspiring! Congratulations. It's incredible to hear how education, persistence, relationships and hard work can pay off - and on your first deal! Well done and thanks for sharing!

Thank you, gentlemen! I currently live in Washington state, though I will be in Indiana this weekend for a wedding. But I do plan on moving back to Indiana by mid-May, so I wanted to get the ball rolling on making connections and seeing what's in the area so that when I arrive I can hit the ground running!

Greetings fellow investors! I'm new to the site and am looking to make connections with others who are new as well as those who have experience, especially in central to northeastern Indiana. I have not done any deals yet, and I haven't even purchased my own personal property yet -- I'm a rookie!

I have been listening to many (about 40) BP podcasts in the last month, and I purchased several books to learn as much as I can. But I would like to connect with others who live anywhere from Indianapolis to Fort Wayne, experienced or not! 

Are there any meetups or REIAs that meet in this area? 

If you're in the area, or invest in this area, you're welcome to add me or pm me as well! Thanks for your time, BP community!