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Updated about 5 years ago on . Most recent reply

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100
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Owen Thornton
  • Rental Property Investor
  • Charlotte, NC
26
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100
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How useful would forming a property management company be

Owen Thornton
  • Rental Property Investor
  • Charlotte, NC
Posted

If you are a business owner in rental properties, would it be helpful to create another business specifically for property management? How would you automate it? Who would you hire?

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,132
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28,112
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

You don't need to be licensed or to create a business to manage your own rentals unless you have a large number. In most states, you can hire someone to manage your properties as long as they are a salaried employee and they are only managing for you. That's probably all you need is an employee to help out.

  • Nathan Gesner
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