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Updated over 8 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Konrad Wallerstein
  • Investor
  • Jacksonville, FL
2
Votes |
13
Posts

benefits of qualifying as CAM

Konrad Wallerstein
  • Investor
  • Jacksonville, FL
Posted

I have 9 units (condos and townhouses) in Jacksonville FL.  I have gradually taken over the management myself.  I would like to expand but cannot obtain a loan to buy more myself.  The properties are free and clear but have negative schedule C due to another business.  It will take another two years.  In the meantime I was thinking of trying to find investors to buy and manage on their behalf.  Do I need a CAM qualification to manage my properties or to manage other peoples?

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