Tips on managing properties for the first time
Do I need any sort of license or anything to manage my own properties? What if I was to hire someone to help me? Any tips on how to screen the tenants? What are the biggest pitfalls I should look out for?
Most Popular Reply
You do not need a license (like a brokers license) to manage your own properties.
However, check your town to make sure you don't need a business license.
In Tacoma, WA, as an example, even if you have a property manager, the owners themselves also need to have a Tacoma business license.
If you hire a property manager, they will need a brokers license to manage other people's properties.
Good luck!