How Do You Start A Real Estate Property Management Business?
Once considered to be just a rent collector, a property manager is now much more than that. Property managers collect rent but also take care of building maintenance, cleaning, snow removal, lawn care, the budget of the building involved, leasing the building, advertising and responding to emergency calls. Before you open your office doors, though, you will need to investigate the requirements for property managers in your state. Find out what type of license, if any, you will need to be a property manager. In some states, you need to have a real estate license, in others, a broker’s license. In some cases, you only need the license in order to sign leases on behalf of a landlord. You may also want to investigate getting independently certified as a property manager, even if it’s not required by your state. The Institute of Real Estate Management is an organization that offers coursework for earning certification. Complete your coursework or your self study. If your state does not requ