A person who does not have a Broker's License, needs to work under a person who does.
A person who has a Business of their own; must have a Business License and a Tax I.D.
Does this answer your question?
If you are talking about starting a property management business, then yes you need a license if you intend to work on your own.
If you mean you want to own properties and manage them on your own, then no. I have owned properties all over the world. Properties that are farther away I hire a property management company that typically charge me 10% a month of the rent. Properties that I am within 100 miles of I manage on my own.
Hope that helps.
Contact me should you have any further questions.
Yes. If you are working on your own, you will need a Broker's license to manage properties.
To be a property manager you will need to be a broker, an agent of a broker, or have a broker of record for your company. Property management is regulated by the DRE.
There are classes you can take online to qualify you for the Broker's exam.
Feel free to let me know if you have any additional questions.
Hope this helps!
The requirements to get a Brokers license can be found on the California Department of Real Estate (DRE) website.
Understand that you are acting as a fiduciary for the owner and holding money in trust for both the owner and the tenant.