Are you about starting a property management & maintenance company?
If YES, here’s a complete sample rental property management business plan template you can use for FREE.
It’s only landlords who do not live close to the rental property that may be required, by local government, to hire the services of a property management company.
Interestingly, the minimum educational requirement for any one that wants to start his or her own property management business is a High School Diploma and hands on job experience.
Washington State requires property managers to have a State Real Estate License if they do not own the property.
Landlords who manage their own property are not required by the law to have a real estate license in many states; however, they must at least have a business license to rent out their own home.
A few states, such as Idaho, Maine, and Vermont do not require property managers to have real estate licenses.
Other states, such as Montana, Oregon, and South Carolina, allow property managers to work under a property management license rather than a broker’s license.
All that is needed for any property management company to do well in the industry is to have good managerial skills and health relationship with landlords (property owners).
Every detail we need to excel is contained in our property management marketing plan.