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All Forum Posts by: Mike Wilmington

Mike Wilmington has started 1 posts and replied 2 times.

Florida Real Estate Q&A Discussion Forum

Post: Inactive RE License and Property Management Company

Mike WilmingtonPosted
  • Posts 3
  • Votes 0
Originally posted by @Brian D. Beatty:

You can manage your own properties, without any license, up to 5 total (I believe). In order to property manage other people's properties, you'll need an active Brokers license, insurance and escrow account.

Thank you Brian. So, no license if it is my own properties. Sounds good. But, would I still be able to form a prop management LLC to manage my own property?? I want to keep things as formal as possible between myself and tenants. Thanks again.

0 Votes
Florida Real Estate Q&A Discussion Forum

Post: Inactive RE License and Property Management Company

Mike WilmingtonPosted
  • Posts 3
  • Votes 0

Hi Everyone,

I reside in Florida. I plan on renting out my home and, in the future, possibly obtain more rental properties to manage. My question is regarding having a real estate license and property management.

In order to own a property management company, does one have to have an Active RE license? Or, will an Incative RE license suffice? Thank you in advance. 

0 Votes