Residential property management has become one of the fastest growing industries in the country. More than one third of all residential households in the U.S. are rentals and, on average, only 28% of those rentals are being managed by a professional. Therefore, the demand for quality property management companies is extensive and increasing.
In any economy, people need housing. The industry is stable and generates consistent monthly revenue in times of both recession and inflation. A property manager’s role is multi-faceted: to find and screen tenants, process rent payments, provide property inspections, maintenance & repairs, and process evictions when necessary. As the owner of the business, your candidate would be selling their services to property owners and investors, working with real estate agents and others to gain business referrals, and managing their business and staff. Where Real Property Management separates themselves from the rest is in managing property more efficiently and maximizing the revenue made per unit.
WHY the Property Management Industry?