Property Manager Requirements

I have had several people ask me what are the requirements to be a property manager?

My answer is simple.  Get into the business and experience for yourself that you can make money plus find that you enjoy the work.  After you answer these questions then you can take the extra step of registering if required by your state.

Most states will not require you to register to manage single family homes.  A FEW states require that you register to manage COMMUNITY ASSOCIATIONS (condos, co-ops, home owner associations, etc.).

You can manage properties without registering with your state – I have many competitors who manage smaller properties without registering.  It will not be a big issue in signing up clients for single home or small condo association management.

The Quick Start Manager Program will guide you thru the process of finding and signing up new clients to get started earning money – after you gain clients and experience – and see that you are building a business – you can then add registration and insurance to enhance your credibility and take on larger accounts.

You may want to know what your state requires for you to register to manage these types of properties in the future.

Here is a helpful link from Community Association Institute (CAI) that lays out the requirements for the few states that have them specifically to manage community associations.  http://www.nbccam.org/cmca/state.cfm

Again my recommendation is to “test drive” property management as a business with several small properties to see if it is right for you before worrying about registration.

Published on September 3, 2009 in Property Management

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Educated at Cornell University. Trained in the United States Army. Russell Munz has taken resources from both of these experiences to benefit you with the documentation included in the Quick Start Property Manager Program. Read more about Russell…

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