How Do You Start A Property Management Company?
Owning property means a lot of responsibility, especially if you don’t live near your property. One property can be hard to manage, and for businesses or individuals who own many properties it’s even harder. Property management companies can take care of everything related to the property for the owners, including acquisition, control, maintenance and rent collection. Here’s how to start a property management company: • Find out what your state’s legal requirements are for starting a business. You’ll need to determine if your state has any insurance requirements. • Come up with a company name. You can work under your own name, or you can come up with a new one for the company. You may want to enlist the help of a lawyer, especially if you want to incorporate your business [
