What does a Property Manager actually do?
Updated: Aug 30
I just absolutely love this question because I then get to brag about my awesome career and team. Let's make this simple and answer this in point form:
🕵️♀️ Tenant Screening (Check references, employment, credit history, social media & meet pets)
💵 Rent Collection (Every 1st of the month, accounting has the best time this week)
📸 Scheduling Professional Photography & Virtual Tours
🏡 Advertise Rental Listings (means having to know the specific details of the property & area the rental is in, plus coming up with a eye catching ad on multiple sites or signage)
🏘 Showing each and every rental property, average portfolio of a property manager is 60-80 rental units (property managers are considered an essential service)
📑 Lease drafting, collection of security deposit and/or pet fees.
📋 Ensuring Tenants have Tenant Insurance in place and Utilities setup before move in day.
🔑 Move IN Inspection with photo's (usually takes 1 hour before tenant arrives)
🛠 Coordinate Repairs & Maintenance throughout the years (which means having working relationships with plumbers, hvac, electrical, appliance repair/replacement, lawn care, snow removal, handyman & exterior maintenance vendors)
📲 Managing Online Tenant & Owner Portals
🍧 Special Community Events for large Multifamily
📅 Periodic Inspections
📞 Day to Day Communication with Tenants
📥Submit Condo Document Forms (Pet approvals, Tenant Undertaking, Intercom updates etc.)
📈Tenant Credit Reporting (On time payments & late payments📉)
🔍Move Out Inspection with Photos
📝Security Deposit Statement & Return of Deposit (minus repairs or cleaning if applicable)
Interested in having us complete all of the above for you and your property? Contact Us Today to start managing your rental property!