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Updated over 6 years ago on . Most recent reply

User Stats

22
Posts
12
Votes
Troy Weygandt
  • Real Estate Broker
  • Mountain Lakes, NJ
12
Votes |
22
Posts

Becoming a Property Manager in New Jersey

Troy Weygandt
  • Real Estate Broker
  • Mountain Lakes, NJ
Posted
Hi All, I really want to get started in property management. The concepts of property management are what drew me to real estate in the first place. I enjoy qualifying tenants and managing rentals, even if I don't own them. I live in New Jersey, and in this state you need to have a real estate license to be a property manager. I got my license and have been working as a Salesperson for the past few years. But my brokerage does not do property management. I guess my question is, how do I get started? Do I contact a property management company in the area? Do I approach a smaller, local broker and ask if I could work under his broker license as a property manager? Do I obtain my broker license and start my own? If there are any property managers that can carve out some time to talk, I would be very grateful. Even a quick phone call would mean a lot to me. Thanks, Troy

Most Popular Reply

User Stats

28,097
Posts
41,111
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,111
Votes |
28,097
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

@Troy Weygandt I think the best option is to find a property management job with a property management company. That provides you with a paid position, training, expertise, forms, policies and procedures, etc. You can learn the business quickly and decide if it's right for you. After some time, you can break out and start your own PM company.

  • Nathan Gesner
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