ohio unlicensed

[Jerry Fatyhing]

an ohio newbie law question

simple but little hard to find

ok I understand wholesale ,rent and a marketing are gray if not taboo for an unlicensed person

1) for an unlicensed person is it legal to buy a property (distressed) fix it then use an property manager to rent it out or use and agent to sell it and if I did this many time per year would this be acting as an agent in ohio  (Columbus,ohio)

I am not assigning contract ,im not advertising the property , and if this has been ansered please give me a link .

there are a lot of people getting busted for acting as an agent in ohio, and getting a re licensed isn't an option. im not trying to get around any laws just a legal way do get into real estate without license .

[James Wise]

Originally posted by @Jerry Fatyhing:

an ohio newbie law question

simple but little hard to find

ok I understand wholesale ,rent and a marketing are gray if not taboo for an unlicensed person

1) for an unlicensed person is it legal to buy a property (distressed) fix it then use an property manager to rent it out or use and agent to sell it and if I did this many time per year would this be acting as an agent in ohio  (Columbus,ohio)

I am not assigning contract ,im not advertising the property , and if this has been ansered please give me a link .

there are a lot of people getting busted for acting as an agent in ohio, and getting a re licensed isn't an option. im not trying to get around any laws just a legal way do get into real estate without license .

 Jerry,

nothing wrong with managing or selling any property you own without a license. No license is needed no matter how many times you buy and resale or how how many rental properties you own and manage.

If you would like to have someone else manage your property they would need to be a licensed broker or working for a licensed broker.