York, PA · Member since 2015 · 199 posts · 58 votes
Hello everyone!
I'm currently looking to see if there is anyone out there in Washington, DC (District of Columbia - haha, keyword alert trigger?) or Maryland currently studying for their DC Property Management License.
I am about to schedule my Exam with Pearson Vue sometime this week and I will probably be taking it at the end of this month. I'm just posting this up to see if there is anyone else out there in the BP community that is in the same boat as me and would like to form a study group.
We can do this either in person or we can setup a Google+ Hangout or another free type of Webinar to get on and study together from the comfort of our homes/coffee shops/favorite libraries/etc.
Investor · Washington, DC · Member since 2008 · 44 posts · 15 votes
9y
I PASSED!!!
Like I said before there are questions on the test that isn't covered in the STUDY GUIDE on the DC Pearson Vue website. Below are some things to thoroughly cover. I'll start with things not covered in the Study Guide.
-Know that when a tenant sub-leases the space, that the sub-lessor is only responsible to the tenant.
-The Rental Accommodations Division. (Although this is covered in the study guide, there are details in the act not covered in the guide). Know the specifics on what an owner must to to increase or REDUCE services.
-Know the definition of a "Hold-Over" tenant.
-There was a question about the location of Smoke Detectors, which is a part of the Smoke Detector Act that has been repealed, however it is critical to know that for each bedroom there must be at least one smoke detector.
-If an owner is exempt from the Rental Accommodations Division, the HOUSING PROVIDER is only exempt from the rent stabilization portion of the act.
(from study guide)
It is important to know the years each act was implemented.
Know the reasons, regulations, and ways a landlord can increase rent.
Dates for HVAC system tests, turn on/off dates, and temperatures they must maintain.
Hot water must maintain 120 degrees.
A requirement for housing is to have an exterior LOCKING door.
When an owner buys a building they are also buying the lease and must honor the lease.
I would suggest to read the "What you should know about Rent Control in the District of Columbia" link on the DC.gov website as well as the study guide from pearson vue inside and out. There is also a website called Quizlet that has free study material especially the flashcards that I found to be very helpful.
Residential Real Estate Broker · Clinton, MD · Member since 2008 · 297 posts · 178 votes
10y
Hi Dom, This is a great idea and I hope you get some takers. I have my DC property managers license and my brokers license. The property manager exam is far more difficult. The study guide will help a lot but pay a lot of attention to the commercial management. Best of luck. Teresa
Investor · Washington, Washington D.C. · Member since 2011 · 34 posts · 5 votes
10y
Smart move Dom, will you get access to mris database when pass the exam? Also do you mind sharing the cost to get license and annual cost to maintain it.
Investor · Washington, DC · Member since 2008 · 44 posts · 15 votes
9y
I did Residential Management down in South Florida. I scheduled the exam here in DC and studied the material from the Study Guide on the website and felt very confident that I knew the information. I passed the General portion but failed the DC Law and Regulation portion. After rescheduling I only needed to take the 20 question DC Law portion again. I studied many hours and knew the material inside and out. To my surprise the first question on the exam was something I had not covered. I marked the questions of ones I didn't know and found that there were 8 questions that had not been covered in the study guide. I missed another question that I should have known and ended up failing again by one question. I immediately left the exam and jotted down the questions I remembered that I had not covered. I went back to the study guide and still can not find the answers. I have the exam again next week. I sent an e-mail to someone on the RE Commission and his advise was to take a course. I know the questions I need answers to, am very resourceful and am frustrated that I can't find an adequate study guide with these answers. As a Realtor in South Florida I had no trouble with that exam because I studied over 500 questions and read the book end to end.
I'm keeping my fingers crossed and hope that I get a different series of questions next time around. I used to be really active on Bigger Pockets many years ago and when googling "DC Property Managers Study" this link popped up. If anyone has any additional resources or a list of questions, I'd love to purchase a better study guide or book. I only need the DC portion though so I can't sit through a class...
Investor · Washington, DC · Member since 2008 · 44 posts · 15 votes
9y
I PASSED!!!
Like I said before there are questions on the test that isn't covered in the STUDY GUIDE on the DC Pearson Vue website. Below are some things to thoroughly cover. I'll start with things not covered in the Study Guide.
-Know that when a tenant sub-leases the space, that the sub-lessor is only responsible to the tenant.
-The Rental Accommodations Division. (Although this is covered in the study guide, there are details in the act not covered in the guide). Know the specifics on what an owner must to to increase or REDUCE services.
-Know the definition of a "Hold-Over" tenant.
-There was a question about the location of Smoke Detectors, which is a part of the Smoke Detector Act that has been repealed, however it is critical to know that for each bedroom there must be at least one smoke detector.
-If an owner is exempt from the Rental Accommodations Division, the HOUSING PROVIDER is only exempt from the rent stabilization portion of the act.
(from study guide)
It is important to know the years each act was implemented.
Know the reasons, regulations, and ways a landlord can increase rent.
Dates for HVAC system tests, turn on/off dates, and temperatures they must maintain.
Hot water must maintain 120 degrees.
A requirement for housing is to have an exterior LOCKING door.
When an owner buys a building they are also buying the lease and must honor the lease.
I would suggest to read the "What you should know about Rent Control in the District of Columbia" link on the DC.gov website as well as the study guide from pearson vue inside and out. There is also a website called Quizlet that has free study material especially the flashcards that I found to be very helpful.
Real Estate Agent · Gaithersburg, MD · Member since 2016 · 3 posts · 0 votes
7y
Rotimi Adeyeye did you pass the test?? I plan to take my exam this month. How many questions are there? How is the exam? I"m doing the study exam online.
Real Estate Agent · Gaithersburg, MD · Member since 2016 · 3 posts · 0 votes
7y
@Philip Rowe what info did you study for the law portion and where did you find it? Did you pass the exam the first time? I plan to take mine this month. Once you pay the $295 app fee do you have to get with a broker like you do with real estate? I'm already working for a Commercial Asset Co called JLL.
Hi Everyone :) I'm looking into starting a career in Property management. Whats the first step? Courses in dc? Price? did anyone actually take a course or just study for the exam? all of your help is much appreciated.
Hi Everyone :) I'm looking into starting a career in Property management. Whats the first step? Courses in dc? Price? did anyone actually take a course or just study for the exam? all of your help is much appreciated.
I took it earlier this year, but failed and I re-scheduled for this month. The general portion has 60 questions and the DC Law portion has 20 questions. Have you printed out the study guide?
Investor · Washington, DC · Member since 2008 · 44 posts · 15 votes
6y
The study guide was helpful but there were questions on the exam that were not in the study guide. I did find some of the missing answers in a Pamphlet, "What you should know about rent control in the District of Columbia"
https://dhcd.dc.gov/sites/default/files/dc/sites/dhcd/publication/attachments/RentControlFactSheet.pdf
I did take the exam a while back and heard that they recently changed a few things because it was so difficult to pass.
Walkersville, MD · Member since 2016 · 3 posts · 0 votes
6y
Hi Jeanine Saunders, yes i passed the DC Property Management exams in December and got my in January. Have you been able to sit for the exams now. Let me if there is anyway i can help. I am Realtor based in Maryland also.
I just took the DC PM Exam and passed. I just wanted to say all the information provided in this tread was REALLY helpful in me passing the exam. I just want to add to the thread with some additional insights. As noted before the study guide doesn't cover all the questions that were on the exam. Here are the questions/categories that were covered...
water conservation, sustainability and green living questions...not sure where this info can be found. The benefit of preserving the facade through The L'Enfant Trust's Historic
At least three or 4 math questions using the different formulas in the guide Question regarding the condo conversion fee. It is 5% of the unit sale price:
If you study the guide and do the quizlets test ..that will be the biggest help. Hope this helps.
This thread is very helpful but I am having a hard time finding the study guide for property managers, can anybody point me in the right direction? TIA