How to Be a Successful Property Manager

Being a property manager requires many skills and you will likely need to take on several responsibilities. The better you are at managing these responsibilities, the more likely you are to create a positive reputation that will bring in more business. This can help you find success as a property manager.

 

Develop Good DIY Skills

As a property manager, you will be responsible for handling much of the maintenance work on your property. While you can call in others to handle repairs and other requests, it can be beneficial for you to learn how to do things yourself. The best thing you can do is make yourself aware of the most common problems experienced in rental properties. For example, many people might have plumbing or electrical problems. It would be a good idea to learn some basic skills in several areas so you can fix common issues around your property. Being good at handling repairs and taking action quickly can help you be a more successful property manager.

 

Learn How to Find Contractors

When you have bigger issues on your property, you will most likely need to call in someone else to do the work for you. Bringing in contractors will help you take care of repairs, maintenance work, and updates quickly and correctly. Of course, your responsibility will be finding contractors to come in. There are many resources you can use to help you find contractors. Angie’s List has more than 5 million members and lists home service professionals of all kinds. This site vets their contractors and they include reviews from real clients so you can get an accurate idea of the type of work they do.

 

Improve Communication Skills

One of your responsibilities while being a property manager will be communicating with your residents. You need to learn how to work through complaints, inform them of any policies, and be open about anything related to the property. Poor communication can lead to poor reviews of you and your property. Make sure you make an effort to listen to what your residents have to say. Additionally, you need to be proactive about your communication. Provide residents with advance notice of any changes, maintenance work, etc. and make sure you also send them reminders.

 

There are a lot of things you will need to juggle as a property manager. You should make sure you take the time to acquire all the necessary skills. Doing so will help you to be a more successful property manager.

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