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Short term rental property manager- need a license?
Hi! I am pondering the idea of starting a short term rental management company. After doing some research, I realized that some states require a license in order to be a property manager. How are people getting around these regulations (aka cohosts and others managing other people's units)? I would ideally operate in MN.
Any knowledge or experience would be appreciated. Thanks!
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
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Co host is a loop hole because the money goes to the owners bank account not yours. I can see that going away in the future.
If you’re going to do it do it right and become a real manager and run a real business that’s my 2 cents