Lisa explained that some states require a property manager to have a real estate license, but our state was not one of them
My friend Lisa runs her own property management company, and she is super successful at it. She has been in property management for over 10 years now. A couple years ago, I lost my job in the healthcare field because I was hesitant in getting vaccinated. Losing my job was a life altering scenario for me. During that time, Lisa was in need of a property manager and offered the job to me. I explained to her that I had no experience in property management, but she insisted that I would be fine in the role. She explained that I needed to learn the tenant and landlord laws for the state that we live in. In addition, I would be in charge of collecting monthly rent and making sure that all maintenance issues were resolved. Moreover, I would be responsible for securing the leases as well as managing the budget and expenses for the property. Although that seemed easy enough, I was concerned that I didn’t have a real estate license. When I voiced my concerns to her, I was shocked when she told me that no license was needed to become a property manager in our state. All that was required was a high school diploma as well as some experience with property management. Lisa explained that some states require a property manager to have a real estate license, but our state was not one of them. Well needless to say, I accepted the position as a property manager, and I have been doing it ever since. And the best part is, I enjoy it more than my former job in the healthcare industry.