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Updated over 7 years ago on . Most recent reply

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Brian Strauch
  • Norridge, IL
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Marc Cunningham
  • Property Manager
  • Denver, CO
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Marc Cunningham
  • Property Manager
  • Denver, CO
Replied

@Brian Strauch

@Anthony Gayden - I was just in Nebraska teaching on property management for the state realtors association - sorry I missed you!

First - Check with your state real estate commission regarding requirements for 3rd party property management. Some states allow "anything" and other are very regulated.

Second - Get your property management agreement in place, review it with your attorney, and make it month-to-month. That will give your new clients a high comfort level with you. 

Third - Market effectively. The competition in the property management industry is tough. So you want to be wise with your marketing dollars.

Fourth - This all assumes you know HOW to do property management. Check into NARPM.com and PropertyManagementSystem.org for good resources on how to operate a successful property management company.

Feel free to IM me offline for other resources.

Best-

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