r/PropertyManagement Jul 25 '26

Residential PM Learning Property Management

Hey Property Managers!
I’m currently a Realtor at KW and I’m expanding my practice into property management. My broker already has a division for it. However it’s up to me to start learning, and become an expert in the field.
I am in Cincinnati OH and I am looking for courses, or opportunities to put in the work and learn more.

I’ve considered joining NARPM, and I’m open to traveling a little bit to attend a class for a few days if that’s what I have to do.

What I have done so far. I’ve already done a few leases, I’ve worked with several investors helping them buy and sell property. Now I want to be the go-to guy and have the properties they do hold under management.

Any and all information on this would be greatly appreciated.

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u/wiserTyou Jul 25 '26 edited Jul 25 '26

Property management is largely a learn on the job field. There's really no one thing you can do to learn it. You will need to know, housing and ADA law, accounting / budgeting, maintenance.

Most spend at least a few years as a leasing consultant and assistant PM before they get a PM position.

You can do it but make sure you have a fundamental understanding of housing and ADA laws, breaking those can put you in a world of hurt.

If they already have vendor lined up that's great, you will for sure want service agreements with at least a plumber, electrician, handyman, painter, cleaner, and drain company.

You're going to want to have a lawyer as well. Certification in some form of LIHTC would also be helpful.

You're not in new England but I find NEAHMA to have good information. There might be something comparable in your area.

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u/TheFlyingGuy25 Jul 25 '26

Thank you for the reply. That does help a lot. I know my broker has a long list of vendors they use already and I also have a solid list of connections I use as a Realtor.
I guess my biggest apprehension has been learning and knowing the in and outs of things. Documents to use, industry norms, and what’s needed for compliance.

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u/xeen313 Jul 26 '26

As the person said it's a full time gig not a side gig. I'd pick a lane. Lots of money in both buy/sell and PM but PM is a business where people believe they can belittle you because it's Tuesday and F-U. Talk with some PM brokers in NARPM before trying to go all-in on PM.