Question 1

What is a property manager's first responsibility to the owner?

Accepted Answer

The property manager's first responsibility is to make sure the property owner receives a positive return on their investment. This means evaluating rents, managing tenant grievances, and ensuring compliance with property laws and regulations.

Question 2

What is the most important role of a property manager?

Accepted Answer

If property managers were superheroes, their most important power would be the ability to juggle a multitude of responsibilities; the most important being sole point of contact between property owners or landlords and tenants. They handle everything from rent collection and property maintenance to tenant screening and evictions, making property management an incredibly demanding job.

Question 3

What are the duties and responsibilities of a property manager?

Accepted Answer

A property manager is like a landlord's secret weapon. They manage the property that a landlord has invested in, taking all the hard work out of property management. They are responsible for property maintenance, tenant relations and rental agreements, making sure that the property is safe to live in and profitable for the landlord.

Question 4

What is the goal of property management?

Accepted Answer

Property management is all about striking a balance between being a landlord and keeping the property's tenants happy. It's like walking the tightrope - you want to make sure you're being a good property manager, but also keeping your tenants content.

Question 5

What percentage do most property managers take?

Accepted Answer

Most property managers will take a fee between 8-12% of the rental.

Question 6

How can I become a property manager?

Accepted Answer

You don't need to! Our expert team of property managers are dedicated to making sure your rental property is well taken care of so you can focus on growth!

Frequently asked questions