Property management can quickly become overwhelming. There are so many hats to wear, so many duties to juggle. There are certain skills that property managers need to have in their tool bag to become successful professionally, personally, and financially.
Learn the Software
You can try keeping track of all the properties on paper, but that is foolishness in this day and age of computers and software programs. Invest in the equipment and programs that will make the details of the job line up for you. Software can schedule routine maintenance, send payment notices, and crunch numbers for new buildings or upgrades. Educate yourself about how to use the software. Enroll in Yardi training, for example, or become certified in Microsoft Office. Don’t expect your “tech guy” to know it all.
You need to know the right people to be a property manager. This includes real estate developers …