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Updated about 4 years ago on . Most recent reply

User Stats

19
Posts
1
Votes
Patrick C.
  • New to Real Estate
  • Duncansville, PA
1
Votes |
19
Posts

Property management duties

Patrick C.
  • New to Real Estate
  • Duncansville, PA
Posted

Hi! I am seeking  advice. I have been managing my own rentals for several years now. Recently, i have had close friends come to me who want me to manage their multi units. I have been individual that has always looked for advice in alost every area of life. Ive google PA and noticed that a real license is required for "property management". Is there a way to provide this kind of service without getting licensed? My duties would be reducing vacancy, collecting rents, screening/choosing tenants, Maybe be paid on a 1099? Please help 

Most Popular Reply

User Stats

490
Posts
722
Votes
Dave Poeppelmeier
  • Realtor
  • Maumee, OH
722
Votes |
490
Posts
Dave Poeppelmeier
  • Realtor
  • Maumee, OH
Replied

Nope. To call yourself a Property Manager, in most states you need to be licensed. There' a lot more that goes into being a PM or properties that are not your own, especially the liability piece on your end. If something goes wrong in a property you're "managing" and you screwed up somehow, it's amazing how quickly your close friends will turn on you and you end up in court. If you want to be a PM, then go through all the channels you need to and protect yourself. 

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Keller Williams Citywide | Dave Poeppelmeier
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