Self managed multi family - Cincinnati?

[Ashley Pinnell]

Hi there, does anyone know if there is a maximum number of units that one is able to self manage in Ohio without a brokers license? For example if we bought a multifamily with 10 units in Cincinnati, would I be allowed to self manage that?

[Derek DeVerna]

@Ashley Pinnell

A person can self manage as many units as they wish in the great state of Ohio as long as they maintain ownership in the building. 

A person must have an Ohio real estate license if they wish to manage properties on another owner's behalf. 

Many brokers do not take part in property management. Our brokerage insurance rates and legal liability/exposure are the two main reasons. You will want to make sure that the actual Broker/Brokerage practices property management rather than relying exclusively on an agent.