What are the functions of a property manager?

Answer 1

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 2

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.