After my friend received her real estate agent’s license, she took a job working with a broker well-known to the community. At first, my friend strictly sold residential properties, but soon graduated to selling commercial properties. She loved working as a real estate agent; however, her real dream was to purchase Indianapolis investment properties. She had lived in the Indianapolis region all her life, and knew the community like the back of her hand. After much consideration, my friend decided to take a course that would allow her to sit for the state broker’s exam so that she could open her own office.
After getting her real estate broker’s license, my friend purchased two Indianapolis investment properties that were once owned by her boss. The properties were in pristine condition and were maintained by a commercial property management company. The management company fields telephone calls from tenants, arranges for landscaping services and contracts out for repairs. My friend says that without the help of the management company, she would not be in a position to invest in commercial real estate. Managing commercial properties is very time consuming, and the demands are just too great for her to navigate on her own, she says.