From the course: 43 Ideas for Starting a Side Business

Unlock the full course today

Join today to access over 24,600 courses taught by industry experts.

Real estate management

Real estate management

From the course: 43 Ideas for Starting a Side Business

Start my 1-month free trial Buy for my team

Real estate management

“

- Many people don't realize that there are opportunities to make money managing real estate with or without a real estate license. If you have a real estate license, you can find property owners who manage their own rentals and offer to take them over, maybe even at a discount to the larger companies. But even if you aren't licensed, there's an opportunity to help owners on vacation rental properties that they're renting through Airbnb or VRBO. Typically short-term rentals are not a licensed activity. Also, if you manage property as a live-in manager, you might be able to do this for discounted rent and a paycheck even if you aren't licensed. You can charge from 4% to 10% for long-term rental management. And you can charge 10% to 30% for short-term rental management. It's not hard to add a few hundred dollars a month to your income, or build a property management business that makes you thousands of dollars a month. A…

Contents