What are the functions of a property manager?

Answer 1

A property manager oversees the daily operations of a property, including maintenance coordination, financial management, vendor and resident communication, and compliance with local regulations. They act as the main point of contact to help ensure the property runs efficiently.

At Kirkpatrick Management Company, property managers support homeowners’ associations and residential communities through organized operations, clear communication, and professional guidance tailored to each community’s needs.

Answer 2

A property manager shows property, collects rent, screens prospective tenants, handles tenants complaints, and handles emergencies. Often times, the property manager sets the initial rent, comparable to other properties in the area.

Answer 3

An experienced property manager is able to play a key role in helping investors achieve their desired returns by not only making suggestions as to what improvements can be done in order to attract quality tenants at the highest possible rental, but also by ensuring that the property is maintained to a high standard.