You may consider joining the National Association of Residential Property Managers (NARPM). You may start searching through job posting sites such as Indeed, ZipRecruiter, Glassdoor, or LinkedIn. Look at their reviews from customers and employees. So take time and research the company before applying.
Rather than having you reinvent the wheels, an established property management company can show you a standard procedure in working with clients. And you would likely start out working as an assistant to a property manager. As you start in this industry, it will help if you work for a company that could provide you with proper training and mentorship. There are many property companies out there, but all are suitable for you. Step 3: Work with a reputable property management companyįor many people, the first step in securing a job is to find an employer that they can trust. You can find their link in the reference section at the end of this post. has an excellent resources page which covers the above in details.
Here are some real estate laws and programs you should become familiar with: Code Description 8-203 Security Deposits 8-204 Covenant of quiet enjoyment 8-208 Written leases 8-208.1 Retaliatory actions 8-211 Repair of dangerous defects rent escrow 8-212.1 Liability of military personnel receiving certain orders 8-401 Maryland Real Property Section 8-5A-02 Termination of lease Real Property, Title 8A Mobile home parks 12-203 Minimum Livability Code 20-702 Fair Housing Laws With the rise of online rental applications, environmental health and safety requirements, it’s important for property managers to be up-to-date on real estate laws and regulations.įor example, can you charge an application fee? Is it okay to run a background check on to prospective tenants? What happen if the tenants violate the lease agreement? Who will be responsible for the maintenance, repair or damages? Property managers are constantly tasked with new responsibilities and challenges.
This post is not intended as legal advice or state/federal real estate training. So you may begin your career by joining a property management firm.īut before we start, I want to give a brief disclaimer.
In this guide, I will cover the steps to become a property manager in Maryland, income updates and other FAQs about this profession. With so many different types of properties – from single-family homes to high-rises – there’s plenty of opportunities in Maryland! Many companies offer great benefits on top of competitive salaries to property managers. You may also be tasked with collecting rent, leasing new properties, and that the properties are up to code and safe for residents. Still, it is better to go through proper training and education, join an established property management firm, keep up with the updated real estate laws and join industry associations.Īs a property manager, you are responsible for making sure the properties in your portfolio remain well maintained and that tenants have access to any resources they need. There is no license requirement to become a property manager in Maryland. Are you thinking of a career in the property management industry? If so, this is the perfect guide for you.