Updated almost 9 years ago on . Most recent reply
Managing w/o a license
My neighbor 2 doors down has a beautiful house furnished and lives out of state. Rumor on the block is she wants to rent for 1200. I am sure it will bring 1500. Should I contact her and talk her into letting me manage it? I am not a broker, but do manage one other property that I own. Also my spouse is a realtor. Should I try managing it on the down low? Have my spouses broker run a quote? And or offer her a lease purchase since she doesn't seem to know the value. She won it on a tv show.
Most Popular Reply
Hey man, you can do what you want to do, however in the great state of GA you cannot LEAGALLY be a property manager without a license. If your wife has a broker's license, then she can manage it. Or if you get a property management license then work under a licensed broker. I am not an attorney or the real estate police. This is information based strictly on my memory of the pre-licensing classes. I'm pretty sure I'm right.