Percentage ownership needed to manage property in Illinois?
Maybe its been asked, but I cannot find it anywhere.
In Illinois, one needs a license to manage real estate for others. But owners can manage their own properties.
Does anyone know what percentage of a property a person would need to own in order to manage it without being a real estate agent? I.E. If I own 10% of an apartment complex would it be legal for me to manage the asset without a license?