Property management is the professional oversight of real estate property on behalf of its owner. This involves a wide range of responsibilities, from tenant screening and lease management to property maintenance and financial reporting. San Diego Top Property Management
What Does a Property Manager Do?
A property manager essentially acts as a liaison between the property owner and tenants. Their duties typically include:
-
Tenant Management:
- Screening and selecting tenants
- Handling tenant inquiries and complaints
- Enforcing lease terms
- Collecting rent
- Eviction processes
-
Property Maintenance:
- Coordinating repairs and maintenance
- Overseeing property inspections
- Managing contractors and vendors
- Ensuring property compliance with regulations
-
Financial Management:
- Rent collection and disbursement
- Paying property expenses
- Preparing financial reports
- Managing property budgets
-
Legal and Administrative Tasks:
- Handling legal matters related to the property
- Preparing lease agreements
- Maintaining property records