Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago, 05/05/2020

User Stats

6
Posts
4
Votes
Maliq Hill
4
Votes |
6
Posts

Property Management Entrepreneur

Maliq Hill
Posted

Hey, once this quarantine is over, I'll have a few grand saved up, and I was planning on using it to buy a house hack property, but recently, I've been thinking of starting a Property Management Company. I think it'd be a good way to build relationships with investors and contractors while making money, so that maybe I could use those connections for flipping/wholesaling and whatever other RE investing that crosses my path. I'm located in New Jersey, and you need a broker license to have a property management company, and I don't have any type of real estate license but I looked it up and I think it's possible to get my RE license and work under a broker and use their license. So I have 2 questions:

1. What do you guys think of starting a property management company? Is there a better way to build up capital, while building relationships with contractors, investors, agents, etc.?

2. Do you know of a way I could start a PM company without waiting 3 years for my broker's license in New Jersey?

Thanks for reading & thanks for the advice

Loading replies...