Brackettville, TX · Member since 2022 · 85 posts · 22 votes
Hello!
Me and my girlfriend (real estate agent) are looking to start our own Property Management Company but it looks like most places require either a Brokerage licence or have a Brokerage in charge. Is there any state where is easier to start a Property Management Company or someway I can start the company without needing the license?
Property Manager · San Diego, CA · Member since 2024 · 65 posts · 42 votes
2y
A quick Google search turned this up:
Some states, like South Carolina and Oregon, even require aspiring managers to carry a specific property manager's license. Residents of Idaho, Vermont, Kansas, and Maine, among others, however, don't have to worry about licensing. Their states don't have licensing requirements for property managers.
Of course, I would verify this.
Since she already has a real estate license, it shouldn't be that difficult to get a brokers license. I have one, and was never a real estate agent.
Investor · South Burlington, VT · Member since 2015 · 76 posts · 38 votes
2y
I can confirm that Vermont has no regulation for property management. However, Vermont probably should be considering licensing with the burdens put on investment owners by state and municipalities. This is especially true since Vermont can be a great place for investors if you plan to buy and hold long-term.
Brackettville, TX · Member since 2022 · 85 posts · 22 votes
2y
Quote from @Account Closed:
A quick Google search turned this up:
Some states, like South Carolina and Oregon, even require aspiring managers to carry a specific property manager's license. Residents of Idaho, Vermont, Kansas, and Maine, among others, however, don't have to worry about licensing. Their states don't have licensing requirements for property managers.
Of course, I would verify this.
Since she already has a real estate license, it shouldn't be that difficult to get a brokers license. I have one, and was never a real estate agent.
Awesome, thank you so much. I did the research but I didn't found that about the residents pf those states.