Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 22 days ago on . Most recent reply

User Stats

98
Posts
48
Votes
Heath Sizick
  • Rental Property Investor
  • Hampstead, NC
48
Votes |
98
Posts

What Does a Property Manager Actually Do?

Heath Sizick
  • Rental Property Investor
  • Hampstead, NC
Posted

Last week I looked at questions you may want to ask if you are deciding to self-manage your investment or hire a property manager. Both are viable options. If you are thinking of interviewing property managers, these are services you should inquire about. 

  • Property Evaluation: Determine an accurate rental rate, provide repair & improvement recommendations - all to get you the best ROI.
  • Marketing: Create tailored ads, work with agents, provide property info., schedule showings, & handle applications.
  • Tenant Screening: Perform background checks & qualify select tenants based on predefined criteria.
  • Tenant Move-In: Finalize leasing agreements, confirm move-in dates, conduct inspections, & collect rent & deposits.
  • Rent Collection: Handle rent payments, late notices, & enforce late fees.
  • Evictions: File paperwork, represent the owner in court, & coordinate with law enforcement.
  • Legal: Advise on disputes, refer to attorneys, & ensure compliance with relevant legislation.
  • Inspections: Conduct regular property inspections & send owners reports.
  • Financial Management: Make payments (mortgage, HOA, etc.), maintain records, provide tax reports, & offer cash-flow statements.
  • Maintenance & Repairs: Oversee maintenance, hire contractors, & monitor repairs & larger projects.
  • Tenant Move-Out: Inspect, report on damages, return deposits, clean the unit, & re-list the property.
  • ** PM's - let me know if I missed anything! **

    Most Popular Reply

    User Stats

    228
    Posts
    210
    Votes
    Nathan Fisher
    • Property Manager
    • Cleveland, OH
    210
    Votes |
    228
    Posts
    Nathan Fisher
    • Property Manager
    • Cleveland, OH
    Replied

    You got the extrinsic items, but not the intrinsic. 
    We provide Peace and calm. Knowing you don't need to scramble when a furnace goes out on December 24th is worth the money. Keeping tenants from interrupting your daily life just to tell you their neighbor looks ugly(it's happened to me). We know the right person, for the right moment, so when a government inspection happens, we keep the fines away. 
    We keep the insanity of this industry away from clients, so you can concentrate on your life. 

    business profile image
    Aligned Properties Group
    4.2 stars
    55 Reviews

    Loading replies...