A property management firm like Northwoods will have one or more Property Managers to operate a property when the owner can’t take care of the day to day details. This property manager may also be called an estate manager, administrator, director, overseer, or any other names that mean the person who runs the organization. The manager has numerous duties that include evicting tenants for not paying the rent or not following the rules. Not all aspects of the job are pleasant and when dealing with tenants, you will once in a while have to evict someone.
Other duties of a property administrator include home improvement, home repair, garden maintenance, landscaping, cleaning whatever needs it, and snow removal. The manager collects the rent, pays for needed expenses and taxes, and making regular reports to the owner. There are certain services that the manager must see to at the request of the owner. These services may include heightened security monitoring when a tenant will be away for an extended period of time. This is usually done for vacation or second homes that are only periodically occupied. It may also include house-sitting, storage, taking care of utilities, supplies, and anything else to make the owner feel at home when he comes to stay for a while. The manager may even restock the refrigerator!
Property Managers may also take care of commercial properties where the manager not only manages the property but also runs the business. They have a particular budget as well as a staff they must manage. Much of the work involves preventive maintenance and renovations. Commercial properties can include almost any type of structure such as office towers or even sprawling country retreats. Historical buildings also have a manager who is responsible for maintenance and restoration, but they need a background in architecture.
The main responsibility of a property administrator is to the landlord. Their secondary responsibility is to the tenants. The manager must screen potential new tenants by checking the applicant’s criminal history, credit history, rental history, and their ability to pay. There are many more facets of this profession that you can research if you Click to get more info.
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