Can I start a Management Company owning and managing my own properties?

[Vanessa Bunch]

Hello,

I am relocating to CA. I have been doing property management since 05 and I want to start my own property management company. I would like to know do I have to be licensed in Ca to start my own management company, managing my own properties? I am getting mixed information about this. I want to buy apartment buildings 4 - 10 unit buildings to start off and manage them myself by starting my own company (LLC) and hiring staff to assist me. Anyone with information or knowledge on this is appreciated! Thank you,

[Chrystal England]

In California you do not need to be licensed to manage your own properties, but I strongly recommend purchasing a landlord law book as the laws can be tricky here and they can vary widely by county and city. Also I recommend locating a local property manager to assist you on an as needed pay as you go basis for helping with move-in paperwork, and to be on call for those times when you are not available or out of state on vacation, etc. especially if you will have an apartment building which tends to be a lot more work due to typical more transient tenants.