Hi all,I was approached by a family friend yesterday who wants a property manager for investment properties (50+ units).I am a local investor in the same market, but I started thinking about property management for other local investors.I understand for you to be an official property manager in Pennsylvania you would have to have your RE Broker's license.  

I am no expert but i bet being an official broker actually increases your liability because of the ethical and legal requirements you must comply with; it probably isn't cheap eitherRegarding the buyer's agent 3% commission, i guess it is negociable and you can also just flatly refuse to pay and leave it to the buyer.

A government backgrounder on the measures announced today specifically mentions the practice of double-ending, when one agent represents more than one party in a transaction.Ontario is also going to get a Standard Form of Lease ... 

Don't really need anything official if that is okay with them, just help with looking at load bearing wall removal and recommendations of what to frame for replacements.Thanks! 

If something changes in a month from the appraisal that might change the value of the property, let's say the city announces that it'll put a park in the neighborhood and this causes the value of your property to go up, you will be stuck with the old lower rate or will have to appeal the appraisal.

As happened yesterday I knew 3 upsets the day before and didn't find out the other two until the property was announced at the sale.   

I'm gonna officially abandon my plan for a 10 plex out of state.

I liked added to the official list - a little paperwork for the G.C. - but then they are on the list for future clients too).

Having worked in municipal government in my past life, however, in a town about the exact same size of Omaha, I urge you to go to the City Planner and/or the Zoning Division, just to get at least a verbal OK that what you plan to do will "most likely" be approved (Bureaucrats NEVER commit to anything officially).  

A few weeks ago a developer from Florida announced he was going to attempt to build a 25 story for sale multifamily building downtown.