Investment properties management is an attractive career path for those interested in real estate investing. As an investment properties manager, you oversee the operations and performance of income-generating real estate assets like apartment buildings, office towers, retail centers, etc. It involves leasing, maintenance, budgeting, financing, and ensuring the properties meet investment objectives. The job provides exposure to real estate markets andhands-on experience managing complex assets. To build a career in investment properties management, get a degree in real estate, finance or business. Gain experience through internships in property management. Obtain relevant licenses. Develop skills in analysis, communication, organization and leadership. Work for a property management firm or real estate investment trust. Gain expertise managing different property types. Advance to oversee portfolio strategy and acquisitions.
Earn a degree in real estate, finance, business or related field
Most investment properties management roles require at least a bachelor’s degree. Good options include real estate, finance, business administration or economics. Coursework should cover topics like real estate law, development, finance, market analysis and property management. Hands-on experience through internships is highly valued. Consider a master’s degree for advanced analytical and management skills.
Get licensed in real estate or property management
Licenses and designations signal professional expertise. Many states require a real estate license for managers overseeing leasing. The Certified Property Manager (CPM) is the top credential for property management. Obtain it through the Institute of Real Estate Management. Other options are the Accredited Residential Manager (ARM) and the Accredited Commercial Manager (ACoM).
Start as a property manager or analyst
Entry-level roles like property manager or asset analyst allow you to gain on-site experience managing buildings and portfolios. Key duties include collecting rent, maintaining facilities, enforcing leases, budgeting expenses, analyzing performance data and supporting higher-level managers. Look for a position with a large real estate investment trust or property management firm.
Advance to oversee portfolio strategy
With several years of experience, you can advance to oversee a portfolio of assets. Such roles involve high-level strategy like evaluating markets, structuring acquisitions and financing, assessing risk, and deciding capital improvements and dispositions to meet portfolio objectives.
A career in investment properties management offers the rewards of overseeing multimillion dollar assets and shaping real estate investment strategy. Gain the necessary education, experience and expertise to advance in this field.