Looking to jump into buying an apartment building

[Christian Hutchinson]

I am in Michigan, am I required to hold a RE License in order to manage and lease the building?

I am doing research, and to be a Property Manager it appears so (to manage other people RE properties).

But to do my own it appears ambiguous. Anyone have any ideas?

[Matt Souza]

Hi @Christian Hutchinson,

Michigan law allows you to self-manage your own properties, even leasing and renting. Taken straight from the State of Michigan’s website, “Owners of rental property (landlords) who rent or lease their own real estate are not required to be licensed nor are the employees of the property owners who rent or lease their employer's properties in the owner's name.”

Hopefully that clears up any ambiguity. Best of luck!