Multi-Family Property Managment

An apartment or duplex building manager handles the day-to-day operations of an apartment complex, whether big or small. While the responsibilities will vary based on the specific needs of the complex’s owners and the agreed upon employment terms with the management company, their duties can include any or all of the following:

  • Rental Payment: A manager plays two roles, 1) rent enforcer and 2) payment.
They will manage collecting rent and use their local knowledge to set the right rental payment levels to attract tenants and get you the most from your investment.
  • Manage Tenants: From finding tenants to dealing with complaints and evictions, an apartment complex manager handles it all. In addition they screen tenants, negotiate leases, facilitate move-in and move-out inspections and more.
  • Maintenance & Repair: a building manager handles the physical management of the property, including regular and preventative maintenance, as well as repairs.
  • Legal Issues: Professional managers know local, state and national laws for screening tenants, handling security deposits, terminating a lease, evicting a tenant, and complying with safety standards.
  • Budget & Records: The manager must maintain thorough records, including income and expenses, inspections, leases, maintenance requests, complaints, repairs, rent collection, insurance and can help with taxes for the property.

 

 

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