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Updated almost 2 years ago on . Most recent reply

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Neal Bitter
  • Baltimore, MD
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Property Management Advice/Recommendations

Neal Bitter
  • Baltimore, MD
Posted

I'm a new investor in the Baltimore area. Working with individual row homes. Looking for advice on property managers. Any recommendations? Any advice on smaller management teams vs large state/region wide management companies? My goal is to minimize effort on my end, even if I have to pay up for that. Thanks!

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Joe Norman
  • Investor, Realtor
  • Baltimore, MD
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Joe Norman
  • Investor, Realtor
  • Baltimore, MD
Replied

Another vetting question to keep in mind when hiring a property manager in Maryland is "do you hold a real estate license"?.

Maryland is one of the few states that does NOT require PMs to be licensed, which means there is no state board or regulatory body over seeing them (i.e., there is no recourse, short of the judiciary, for members of the public who are harmed by a PMC). However PMs can choose to hold a license and submit themselves to the scrutiny of the Maryland Real Estate Commission, and I would personally not use any PMC who doesn't have this extra layer of accountability.

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