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Updated 5 months ago, 07/04/2024

User Stats

4
Posts
1
Votes
Ammar Khan
1
Votes |
4
Posts

House-Hacking / Managing Property / REPS?

Ammar Khan
Posted

Hey everyone,

I've been learning about attaining the real estate professional status (REPS).

From what I understand, if I own the property, and if I self manage it, then I should just about automatically qualify for REPS.  Is this correct?

Also, if I am self managing, can I log 16-24 hours per day if I am doing things like monitoring security cameras throughout the day, receiving and delivering renter's mail, responding to whatever needs/concerns renters may have, etc., and if I am available to my renters after hours / through the night?

(I also do all of the advertising, tours/viewings, communications resulting from the advertising, but once all of the rooms are rented, and I am purely managing, how are property managing hours discerned, I suppose that's my question here.)

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