What do you mean by Property Manager?

A property manager is a third party who is hired to handle the daily operations of a real estate asset or property or an investment. He or she is a person or firm charged with operating a real estate property for a fee, when the owner is unable to personally attend to such details or is not interested in doing so. They can manage all types of properties, whether it’s a commercial property (like a large apartment complex) or a residential property (like a single-family home).

Responsibilities of a Property Manager

  • Responsible for Rent:

    • Setting rent: Property managers have a deep understanding of how to set the right rent level to attract the tenants. They charge according to the location…

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