If you’re thinking about starting a property management company, it’s important to do your research and make sure you understand exactly what it involves.
awarded by the National Association of Residential Property Managers (NARPM) requires a real estate broker's license, significant management experience (a comprehensive portfolio of properties for at least two years), and coursework. The RMP is a prerequisite to apply for the NARPM's Master Property...
Baker, Glenn
Finally, your rental business will also need to set up a designated registered agent when you create an LLC. This is the person who will act as the official point of legal contact for your property management company. You need a registered agent to avoid fees, fines, and additional tax con...
Now she’s the owner and chief creative officer of Coal and Canary, a Canada-based online luxury candle company. Her candles are sold all over North America and have even made it into the glamorous gift bags handed out to VIPs at the Oscar and Grammy Awards. What started as a passionate...
How to Value a Company Unlike public companies, which have stock prices readily available and provide a steady stream of financial reports, private companies keep their books closed to outsiders. So how do investors, potential buyers, or even the companies themselves figure out what they’re worth...
Investing in real estate is a risky step for many individuals, which is why property managers are here to help. Property management companies are reliable
The article offers information on how to choose a property management firm that handles financial operations, tenant relations and marketing. It is suggested that the firm must have thorough knowledge of the l...
2. Register your new company with ACRA Once you have decided on your company structure, you can proceed to register your new business under ACRA. Be sure to have the below compliance requirements confirmed on your end: Company name application:Choose a unique company nameand submit an applicatio...
Now, you have learned what it means and what it takes to become a property management professional. So now what? Like any career, you want to build yourself up from the bottom.Apply to any entry-level positions within a real estate firm or property management company. Not only will you ...