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Updated over 7 years ago on . Most recent reply
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Property management start up
Any one here known how to start a property management company.
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@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-