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What Does a Leasing Agent Do? Basics You Need to Know

Bay Property Management Group

Do Leasing Agents Need a License? In many states, leasing agents do not need a real estate license if they’re only work in the business of renting properties, not buying or selling them. However, there are some states that do require leasing agents have a license, like Virginia.

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How property managers can expand their business by acquiring other property management companies

Buildium

Work with brokers who specialize in property management mergers and acquisitions. Confirm that the company complies with local licensing and regulatory requirements, including trust accounting standards. Missing licensing renewals, trust accounting rules, or lease compliance can lead to fines and legal issues.

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What you didn’t know about property management trust accounting

Buildium

If the trust account is set up correctly at the bank, the bank should not consider the trust account as available funds, because even though they are held under the company owner/broker TIN, the broker is acting as fiduciary agent meaning these funds explicitly do not belong to the company under review.

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Airbnb House Hacking: From Free Travel to an Empire of Airbnbs

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. From Divorce to Discovery: The Start of a New Chapter Mike, a long-time real estate broker and investment specialist, met his wife in 2011. Real estate investing involves risks; past performance does not indicate future results.

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Do “Unsexy” Investments Perform Best? Mobile Home Parks with Jordan Moorhead

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. That’s exactly why Jordan Morehead real estate broker, investor, and host of the Austin Real Estate Investing Podcast is all in on mobile home parks. They come with boring names and stable cash flow. Why Mobile Home Parks?

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How to Get a Real Estate License: A Step-by-Step Guide for Aspiring Agents

American Apartment Owners Association

Getting a real estate license can be a game-changer for anyone looking to build a career in the real estate industry. Whether youre interested in residential or commercial real estate, understanding the licensing process is essential. How Long Does It Take to Get a Real Estate License? What Can You Do With a Real Estate License?

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Property Management Laws, Regulations, and Rules l Second Nature

Second Nature

While a real estate license is not always necessary to manage rental properties, licensing requirements can vary significantly by state. Typically, states may require property managers to hold a real estate license or work under a licensed broker.