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Updated over 5 years ago,
PA - Laws Surrounding Property Management
Hi all,
I was approached by a family friend yesterday who wants a property manager for investment properties (50+ units).
I am a local investor in the same market, but I started thinking about property management for other local investors.
I understand for you to be an official property manager in Pennsylvania you would have to have your RE Broker's license.
However, Is it legal for me to take on his responsibilities as a private deal/transaction? Can I manage FOR him, not as a general property manager?
Any/all comments welcome and appreciated. Thank you.