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Collecting Rent for a Landlord? You May Need To Be Licensed

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Home Inspector with Inspector Mike #2116

If it is not hard enough to be in any profession regarding real estate they, the government, keep making it harder.

Here is a blog that I just came across. I think that this is a must read.

http://blog.josephandjoseph.com/2009/06/collecting_rent_for_a_landlord.html

Pass this along to anyone that you know that may be in the management of real estate.

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Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

All but 14 states require a real estate broker license in order to manage, rent property and COLLECT A FEE * it can be done if no fee is paid; however, that is the rub for the state real estate departments.

I've turned in 2 local property managers with no re licenses (I checked the state website) and they are still advertsing on CL.

Dec 06, 2009 10:18 PM
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