Investor · Garden Grove, CA · Member since 2013 · 21 posts · 2 votes
I was leasing out our first rental property and really enjoyed the process. Now, I'm thinking of doing some property managing on the side. Just wanted to know how I can get started or if that's even possible. Where can I get jobs for it, and fees etc. Any feedback would be great! Thanks in advance!
Hanford, CA · Member since 2013 · 5k+ posts · 1k+ votes
12y
It really depends on your state. If you are from California. No you cannot "legally" do property management on the side and receive payment unless you have a brokers license. In order to get your brokers license you need 3 years of full time real estate experience.
Real Estate Agent · Owasso, OK · Member since 2014 · 517 posts · 400 votes
12y
I am looking to start a property management service. Same rules here in that you need to be a licensed realtor under a broker or become a broker after 2 years as an agent. There are some work arounds in my area such as being a 1099 contract employee of the property owner or taking some, even a very small ownership position in the property you will manage. Property management is something that will accelerate my transition away from traditional employment into full time real estate.