Managing Friends/Family's rental properties Pro's vs Con's?

[Jennifer Griffin]

Hey BP,

We have several friends that own a lot of rental properties, and several of them mentioned using us as their property manager. 

Is this a good idea or will it make our BBQ's awkward? 

We know we'd do a great job  but as everyone knows not all PM's can make everyone 101% happy all the time.

[Anthony Gayden]

Be sure to check state laws. In AZ you have to be a licensed RE agent to manage others properties. 

If you are already an agent, I think it is a good idea if you are trying to start your own property management business. Treat their properties as well as you treat your own. They will spread the word and you will see more business coming your way.