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Updated almost 7 years ago,

User Stats

49
Posts
11
Votes
Toby Russell
  • Thomasville, NC
11
Votes |
49
Posts

Newbie starting property management

Toby Russell
  • Thomasville, NC
Posted
So I’m a small time investor with one rental for about a year and only slowed down getting more by my 40k job. I’ve been pondering starting Property management but of course need to get my real estate license. So the other week I shot a local brokerage a email asking if they ever considered starting that side of real estate. Surprisingly they answered and I met with both the owners all alone. They seemed interested but I was very transparent about my experience and that I would need to keep my day job as well for a while till it took off. My questions are other than my license, where should I go from here? Start marketing to find interest? And what about compensation? I’d need at least what I’m making now and then I was thinking a split oh each home on top of that? Any help welcome.

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