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Updated almost 9 years ago on . Most recent reply

User Stats

22
Posts
9
Votes
Robert Stranix
  • Investor
  • Swarthmore, PA
9
Votes |
22
Posts

starting a property managment company

Robert Stranix
  • Investor
  • Swarthmore, PA
Posted

I have been buying and renting properties in Philadelphia for a few years now. I have been using a private lender that lends up to 75% LTV over 30 years. The problem I have ran into is the lender is requiring me to use a property management company for all the deals we do going forward. I am wondering what is needed to form your own property management company in Philadelphia. All the lender wanted to see was a copy of the management agreement and the brokers license.

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