Updated almost 5 years ago on . Most recent reply
Managing a property for an aquaintance
A friend of my girlfriend is moving out of state and wants to rent out her home. She's asked us about managing the rental for her. While I'm comfortable with managing my own, what are the considerations for managing someone else's property (specifically in Alabama) ? Are there any licensing requirements ? Should I form an LLC just for that purpose ? Or should I just politely decline ?
Thanks in advance!
- Mike
Most Popular Reply
Tracy Streich
Property Manager
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- Real Estate Broker
- Tulsa- OKC Oklahoma
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AL requires a Brokers License to manage property for others I would just tell them this and decline.