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Property Manager
Career Insights for Property Manager
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Scorecard
Based on California data
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What they do
A Property Manager manages operations for an apartment building or complex. Recruits and screens tenants for apartments, collects rents and security deposits, responds to requests or complaints from tenants, supervises maintenance and repairs; oversees payment of bills, insurance, taxes and recordkeeping. Manages property and services on behalf of a community association, for properties such as condominiums or cooperatives. Collects fees or dues, responds to requests or complaints, supervises maintenance, oversees work done by contractors, and provides accounting of income and expenses. May also assist owners or a board of directors with regulatory compliance or compliance with community association rules. Manages the operation of commercial or residential properties. Oversees the collection of rents and payment of bills, taxes and insurance for properties, and provides property owners with reports on finances and the status of properties. Directs leasing operations, or equipment and machinery rentals, for a company or business. Determines charges and prepares rental or lease agreements; supervises inventory, equipment maintenance and recordkeeping for leasing operations.
$77,449 / year median in California
+5% projected growth
Job Description
Responsibilities:
- Direct daily management activities for assigned residential and commercial properties, ensuring buildings operate efficiently and effectively.
- Coordinate leasing, tenant communication, and occupancy-related matters to support positive resident and client experiences.
- Monitor property condition through routine inspections and arrange maintenance or repairs with appropriate vendors and service providers.
- Prepare and track budgets, operating expenses, rent collections, and financial records to support effective property performance.
- Ensure properties remain compliant with applicable housing regulations, lease obligations, and HUD program requirements where applicable.
- Address tenant concerns, resolve escalated issues, and maintain clear documentation of incidents, service requests, and follow-up actions.
- Partner with contractors, maintenance teams, and third-party providers to confirm work is completed on time and to expected standards.
- Support administrative property management processes, including reporting, file maintenance, and updates to management systems when needed.