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Updated over 9 years ago on . Most recent reply
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Landlord Qualifications - Indiana
I am 24 years old and am looking for multi-family properties to buy, fix-up (if needed), and rent out. I have heard from different people that you have to pass a test and go to classes to be qualified to rent out homes to tenants in Indiana. Is this true? And if so, what are the steps I need to take in order to do this the right way?
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This might be referring to becoming a licensed Property Manager. I'm from Indiana. I am working on my first rental portfolio purchase and have no such "schooling."
I know a few investors from the area and none of them have anything like that, either.
Some of the larger cities will have you register with the housing commission or some other government entity to have rental properties within a metro, but again, no schooling I'm aware of.
I hope what you've heard is wrong! I'm going to follow the thread to see if anyone else has some insight I wasn't aware of.