Property Manager Jobs
Property Manager Jobs questions and answers
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Q: Property Manager exploring alternate lines of work . What types of jobs should I consider in the future?
Property Manager exploring alternate lines of work . What types of jobs should I consider in the future?
I have been a Property Manager for 20 years with no formal education. I am wondering what types of jobs will share similar skills that I should consider? I cannot be an on-site Manager since I am a homeowner now. I've been considering getting a degree but which one would be most desired to further my current expertise? Are there online colleges you'd recommend?
I primarily work in an office setting but often go outside the office to inspect homes, show homes and check repairs. I prefer that in/out combo so as to not be stuck in an office/cubicle all day although I may not have that choice priviledge.
Christina,
Thank you for your prompting question. I really want to be a house wife to my 3 kids, but since that's not possible right now, I am doing what I've always done for my entire working career. If money was not an issue, I wouldn't be working. But to connect a hobby and a job to do what I would love to do, that would be writing. I love to write and read but I've not pursued anything in that direction.
I also have so many hobbies that I love that it would be hard to choose. (Scrapbooking, photography, photo editing) but I don't know if I love it so much to work in it. (Never thought about doing those things for a living).
Thanks for your input!
A: First you must ask yourself what makes me happy. In my opinion you should do something a little different from what you have been doing for 20 years. Try to challenge yourself in your next career. Would you consider working out of your home and getting a degree in business? That way you could work from home and have the flexibility you want to go in and out. If you have a home based business you can get tax deductions when you do various things around your house related to your company like the Internet for example. I know this because I have a friend who works from home and he deducts everything because of his home-based company. I would recommend University of Phoenix Online. They have a great reputation and I personally know several people that went there and they said nothing but positive things about it. The most important thing I would suggest is to sit down and write a list. One side write things you would not want to do and on the other side write down all the things you would love to do to make you happy. I also would suggest taking a career test. That way you can see if the answers match your abilities and passion!
Reach for the Stars! :)
http://news-service.stanford.edu/news/2005/june15/jobs-061505.html
http://www.projectcareer.com/?code=G71-CPC50701-FindaCareer&gclid=CIvsk4nNg4kCFSMkWAodqSsdAw
Q: Property manager job in San Diego, which recruiter?
I am moving to San Diego in a few months and I would like a job in as a property manager. I am looking for a job recruiter that I could work with to find a job. I only know of good accounting/finance recruiters but they couldnt help me with this.
A: Ray,
I am a recruiter,
Our job is not to find you a job. Our job is to find people to fill jobs we have from our clients. Its a major difference.
Your best bet is the local job boards,and the national ones like Monster & careerbuilder. Also check the local newspapers.
Q: hoa property manager job description?
Can anyone tell me where to find a job description of a property manager that works for an HOA? I am looking for a general job description, but this community is on a lake with common areas including a pool, tennis, soccer field.
A: Property Management consists of managing the logistics and day-to-day aspects of a rental property. Gary Knippa, owner of Knippa Properties in Austin, TX says that property management companies serve as a liaison between landlord and tenant. "A property manager typically provides what we call 'turnkey property management,' meaning the owner of the property disconnects from the day-to-day of dealing with the tenant, dealing with the property and maintaining the property that sort of thing," he says.
Many landlords and real estate investors turn to professional property managers because they do not want to deal with paperwork, repairs and hassle involved with maintaining a rental property and dealing with tenants.
Retaining the services of a property management company also spares landlords and real estate investors from being called at 2 AM because a tenant is locked out of their apartment or is angry over their neighbor's loud music. "In fact, the tenant at the property really has no reason to contact the owner nor typically even knows how to contact the owner, so everything is routed the through property manager…the property manager deals with [any tenant problems] and takes care of it on behalf of the owner of the property," Knippa explains. Property Managers are also very well-versed in the landlord-tenant laws and any state or local codes that are on the books in your community, and their expertise often help landlords to be compliant with all laws, while also enforcing tenant lease restrictions.
Many larger Property Management companies even have attorneys on retainer to assist with legal issues such as evictions, zoning laws, problems with contractors and/or any other issues that may end up in court.
While most Property Management companies oversee rental properties, many owner-occupied managed communities such as homeowner associations, condo associations and co-op boards also turn to property managers to help them maintain the properties, collect HOA/condo/co-op fees and enforce deed restrictions.
Knippa goes on to say that Property Management companies provide a comprehensive variety of services to both landlords and tenants. "The property manager collects the rent at the first of the month, pursues any late rent, any unpaid rent, deals with the property issues if there is maintenance that needs to be done, plumbing problems or electrical problems, that sort of thing," he says. They also advertise vacancies for rentals, process applications and perform background and credit checks on prospective tenants. Property managers are also responsible for overseeing any major repair or renovations projects that are needed for the complex or subdivision. In exchange for these services the company charges the owner(s) of the property a monthly fee. In most cases, this fee is equivalent to a percentage of the proceeds from the tenants' rent money (industry standard is 8-10 percent of the gross rent collected each month). "The rents are collected at the first of the month and the owner receives those proceeds minus expenses for the month. Now, that happens monthly, and then at the end of the year the owner receives an end of the year statement, which is used for preparing taxes and gives a summary of what happened during the past year,
Q: As an Assistant Property Manager, how can I improve my work?
I just need tips on what I can do to help out my boss which is the Property Manager. Make her job easier what might I take over and help her without asking her. I would really like to impress her a little more. Show her that Im serious about my job status. I answer phones, take notes, make copys, type labels, filing, orgainze, and already show aparments. Is there anything you might think of that is creative and intavative, also helpful that might help her out.
A: I do the same thing but with RE Brokers, Prop. Mang., and an Appraiser. Ughh... I went and organized the files since they were outdated and not organized. I created a 'To Do Maintenance Chart' so when tenants call in with problems I write them done on it, initial it when I tell the Manager so they can's say, I didn't tell them. I put in there the date problem was called in, the address, tenant & #, problem, if needs work order or not, date job completed, date paid. I also make up advertising to show off our properties. I call tenants when they are about to be late so the Manager does not have to waste time with late notices when a tenant just forgets. I prepare the deposits (I dont know if your allowed to do that in job). I personally get to know each tenant, some have become great friends. The manager sees that I will spend time with a retired man from service just talking and making him aware that we care about his day, which I care anyway. He sees that I take an interest in our tenant's and that helps some. Ask questions about the job, questions that make them think, those 'What If' questions that usually don't get asked. This way you will learn your job to the best of your ability and shows that you are interesed in your position. I make it a point to ask a real estate, rental, or appraisal question everyday someone in the office for my own benefit and also keeps their minds in check. -I just kind of thought this out, so it may look jumbled. Hope this helps. Mander B.
Q: Can a property manager charge a fee for calling contractors for you in the state of Florida?
I am a real estate investor, but need to use property managers because of my primary job. They charge a standard 10% of all rents collected plus 1/2 of the first month's rent for leasing. One charges 10% of money expended for repairs and rehabs, unless I call them myself. Another has stated that this is illegal in FL.
If it is illegal, can you reference which FL Statute covers this? Thanx.
A: I am 95% sure it is legal in any state
AS long as the agreement is in writing
between owner and pm.
Q: Property Manager Job Description?
4 Unit apartment bldg
A: It varies - a lot!
You did not say why you're asking the question, so let me just mention that the responsibilities are spelled out in an agreement. You could find a standard agreement in a stationary store, or maybe find one online, that would give you a general idea. Beyond that, it's whatever the owner and manager agree on.
Some examples, which may or may not be included for a specific property: Showing apartments, collecting rent, arranging for repairs, sometimes doing light repairs, often getting a vacant unit ready for re-renting, handling day-to-day questions and problems that can come up.
I did it for years. If you like people and don't mind the idea of sometimes being bothered at times that are not convenient for you, it can be a good thing to do.
Best of success.
Q: I just started a job as a Property Manager, and I like it is there any advice on being a good manager?
I never managed property. I have a real estate license. but I still want more. Alot of our tenants are late or on Section 8 and the units are condos some are owned by private owners and others are owned by the company I work for,who rents out the condos. I am 35 and still looking for that Niche????
A: Give yourself some time to get used to the property and the tenants, and for them to get used to you, before asserting yourself at all. You don't want to come in and immediately lay down the law, or you will get no cooperation at all from the tenants. Keep your eyes and ears opened to find out where the trouble spots are, so that when you start to take action, you know where to do it. Also, whenever dealing with a tenant over a lease violation, failure to pay rent, etc, try to depersonalize it as much as possible - make it clear that it is the company's decision, etc, that you sympathize with the tenant, but that "you're just doing your job." That way they are less likely to think there is wiggle room, and they are less likely to hassle you to try to get that wiggle room.
Q: What Christmas gift should I get my rental property manager who is doing an excellent job?
she is a female
A: I want to thank you on behalf of property managers everywhere just for thinking of something like this. Usually we're all considered demons :)
The best way you can thank her will only cost you the price of a stamp. Send a letter to her corporate office, telling them of the things she does to make your home somewhere nice to live. That will last much longer and mean more than anything you could buy her.
Kudos to you!
Q: I'm going on an interview for a property manager position, what questions should I ask about the job?
I am changing careers from mortgage lending to hopfully property management, I have transferable skills that are useful in the property managment field but since I have never applied for this type of job what questions would be appropriate to ask?
A: How many units will you be responsible for? How many staff ....(maintenance)? Complete job description....(because this varies from Mgt. company to Mgt. company, and from property to property). Ask about training (most pay for accreditation certificate)....other questions will come to your mind as the interview goes on. Great field! This is what I did for many years. Loved the job! Good Luck!!!
Q: What will I need to know to be a property manager.?
I am a Realtor and things are so slow that I need to get another job. Any suggestions what I need to do and what I need to know to become a property manager. I live in Michigan. Any help would be appreciated.
A: It's common sense. I was a first-time property.
I used the skills I learned in various jobs over the years.
I made sure I promptly took care of tenant concerns and complaints.
I hired a friend, as my co-manager, to take that burden from me.
I had my assistant manager pick-up rent (cash and/or money orders) from elderly tenants that could not be dropped off and deposited in the bank for the Property Owner to confirm the correct amount of money was received by him from tenants.
Q: shopping center's property manager's job?
A: You would be respnsible for day to day management of the facility and of finding new tenants to lease open space to.
Q: How do i become a property rental manager?
I am looking to break into the property rental manager world. I have some repair experience, but every single ad i look at requires years of rental experience. i dont know how to gain experience if no one will hire me. i have friends who have gotten this job with no experience. can anyone give me some good tips?
thanks!
ps. im in los angeles
A: You need a real estate license first, and then it should not be too hard to find a commission only job.
Q: Becoming a property manager?
Member since: August 30, 2006
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me_me
S Becoming a Property Manager?
I've seen a few jobs advertised for property managers. It sounds quite easy. I live in London so there a lots of oppertunities. Is it something I have to go to college for? I'd really like to start a new challege and maybe oneday work for myself. I'm 25, have worked in Admin for the past 5 years and before that in retail and have plenty of exp with the public. I need a new challenge in life. I've been feeling a bit low lately and am fed up of working in a dead end job and feel I need something new to keep my mind occupied!!!
A: Actually you do not have to go to school (in America) for property management. I do Virtual Assisting and we offer property management to our clients. Many PM can work from home, you simply have to be very organized, and self-disciplined. You'll have to learn the software the company uses to track, or you could familiarize yourself with one. There are a lot of web based programs that are fantastic and specifically made for this type of tracking. I say go for it, take
a chance you may find it suites you best. You could eventually start your own business and do Property Management for a lot of owners!! Good Luck
Definitely research a little more about it before you dive head first, you may find it is something that won't interest you.
Q: My friend wants me to be his property manager?
My friend is buying a condo (just one) and thinking of renting it out as he lives in another state. He has asked me to be his property manager and I have no idea what that consists of. Could anyone tell me? Also, he said he'd pay me approx. 10%. I imagine this is 10% of the monthly rent, but I'm not sure. What is the normal pay for this type of job. Again, it's only one condo unit.
A: For starters, in most states you are required to hold a real estate brokerage license in order to manage properties for others for payment.
Ten percent of the rent is a very fair payment. Most management firms charge 6%-8% of collected rents, plus other expenses.
Q: If tenant doesn't pay, what are property manager's responsibilities?
Newbie questions here..
If the tenant doesnt pay, I assume that is the loss of the owner, not the manager, correct? In other words, the owner should not expect the property manager to pay the owner out of their pocket?
Who's job is it to go after the tenant with a rent suit of some kind, the property manager or the property owner?
A: It's the owner's loss but if the property manager is paid via commission then he or she will lose the commission until the rents are collected. It is NOT appropriate for the PM to have to cover the LL's losses.
If the PM is providing a full service for the LL, it is the PM's responsibility to handle the evictions as the owner's agent. If it's less than a full service agreement then the agreement would have to address that issue.
I always used full service PM's and had them handle all of the scat work for me including evictions. A good PM usually has an inside track on such issues and can run the eviction much more efficiently than the average property owner.