Property Manager / Property Care Taker

I mean, it's simple right?! All you do is supervise a property and or make sure tenants pay rent?

Let's dive deeper on what a property manager actually does. A property manager is more than a care taker. The sole job of a property manager is to not only manage your property but protect your investment. The dictionary defines a property manager : "They act as the "boots on the ground," responsible for finding and screening tenants, collecting rent, maintaining the property, and ensuring compliance with local laws. "

Some key functions of a property manager:

• lease renewals

• rental increases

• inspections

• rent collections

• move ins/move outs

• tenant relations

• contractor relations

• protection of asset

• maintaining liabilities at minimum

• maintaining vacancies at minimum

• increase rental revenue

• attorney communications

There are numerous hats that a property manager will wear in order to manage your property. Each property has its own unique challenges. What makes a property manager stand out is the ability to solve issues quickly.

Quick problem solving is a combination of knowledge, emotional intelligence, experience, and a network of contractors and or resources to assist with the job at hand. A true property manager watches for the best interests of their client and treats the property as their own.

There are many softwares that help property managers stay on top of deadlines for different important dates but softwares don't compare to when a property manager is in tune with the property, tenant or landlord needs.

Winter in the Hudson Valley