Property Manager

Overview

Oversee operations, finances, leasing, maintenance, and staff for an apartment community.

Key Responsibilities

• budget reporting
• yardi accounting
• make‑ready
• maintenance scheduling
• rent collection
• marketing strategies

Tasks

-Hold daily staff meetings to address ideas and suggestions and to implement new strategies. -Ensure that all safety initiatives are adhered to and that safety guidelines are followed. -Assist in the marketing, showing and leasing of apartments. -Prepare periodic inventory of building contents and property condition. -Actively recruits prospects and promote resident retention on a daily basis. -Ensure that residents are provided with clean, safe and well-maintained properties. -Handle all details of move-ins and move-outs, giving particular attention to the apartment conditions and that all lease charges are accurate -Update Resident Delinquency Memos on all past due accounts and charge late charges and court fees as applicable -Conduct written evaluations of employees and make recommendations for salary increases. Provide written Action Plans when warranted. -Prepare accurate Budgeting and Capital budgeting -weekly and monthly reports and submit on a timely basis. -Ensure the leasing office is open and staffed in accordance with scheduled office hours. -Manage employee issues and discipline, where necessary, with the guidance of Human Resources. -Meet the financial results set forth in NRI and NOI for the property by increasing revenue and reducing expenses. Complete a monthly variance report to explain areas not being met as budgeted. -Develop and implement marketing strategies (running advertisements, training staff, increasing traffic, etc.) -Responsible for the lease renewal process regarding rent increases, lease changes and encouraging residents to renew. -Handle delinquent accounts and initiate legal proceedings according to local and state laws. -Constantly upgrade and maintain the properties curb appeal. -Maintain accurate records of all transactions on property. -Purchases supplies and obtains necessary bids on contract work for review by Regional Manager. In conjunction with Maintenance Supervisor, supervise outside contractors working on property. -Coach, supervise, mentor, develop and be responsible for work performed by all on-site personnel. -Establish schedules and assign personnel for routine maintenance and emergency coverage. -Continually inspect the property and delegate any work to be done to staff members or vendors. -Adheres to federal and state Fair Housing Laws as well as all company policies. -Ensure all vacant units are walked and in compliance with make ready standards and utility control a minimum of twice per month. -Continually analyze maintenance operations with attention to cost reduction. Keep accurate records regarding preventative maintenance, work orders, apartment refurbishment, annual inspection, inventories and purchase orders. -Ensure vacant units are made ready and rented in accordance with Morgan requirements and deadlines. An acceptable number of each unit type must be in market-ready condition at all times. -Ensure that resident requests are handled within 24 hours and that the residents are informed of any delays. -Hire and terminate employees under the direction of the Regional Manager and Human Resource Department in accordance with Morgan Properties policies. -Responsible for collection of all monies on the property. Collect rent and ensure payments are processed on a daily basis. -Review and supervise make-ready of leases and approve all rental applications within 72 hours of application -Study and evaluate ways to improve quality, efficiency and economy of services and facilities. -Document budget expenditure and stay within budget figures on a monthly basis. -Ensure all move-ins provide proof of insurance and that all residents maintain current insurance during their lease term in accordance with Morgan requirements. -Ensure proper purchasing procedures are adhered to and all expenses are accounted for in Yardi prior to the purchase. -Responsible for on-site petty cash management including disbursement and monthly reconciliation.

Requirements

• arm
• cam
• caps
• mpm
• rmp
• bachelor's

What You Bring

-ARM, CAM, CAPS, MPM, RMP is a plus! -Bachelor's degree (BA, BS); or five+ years related experience and/or training; or equivalent combination of education and experience. -Outstanding interpersonal and communication skills required to interact with both residents and property staff -Must be available on-call 24 hours a day in case of emergency. -Strong analytical and problem-solving skills required to effectively address and resolve issues that arise at the property -May require valid drivers’ license, along with good driving record and auto insurance, if traveling to multiple properties -Be familiar with competitive apartments in the area and perform comparable market surveys and Competitive Intelligence once a month. -Qualified individuals will have proven performance in successfully monitoring financial statements, capital enhancement projects, revenue, expenses, net operating income and occupancy goals.

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Benefits

-Life/AD&D Insurance -Additional employee discounts available! -Retirement Plan - 401(k) Plan with company match -$300 Morgan Essentials – paid quarterly -Employee referral payment program (as much as $750) -Generous paid time off, including 10 holidays per year and sick leave -Medical, Dental, and Vision benefits -Pay 58,000 - 62,000/Year -Education/Tuition Reimbursement Program -Employee Assistance Program -Property Staff Shared Renewal Commissions – paid monthly -20% Rent Discount -Long and short-term disability

About Morgan Properties

-Focuses on multi-family residential communities, managing thousands of units across various states. -Invests in real estate, acquiring and improving properties to enhance value for residents and stakeholders. -Excels in property maintenance, community engagement, and operational efficiency. -Portfolio spans from luxury to affordable housing, offering diverse living options. -Known for strategic acquisitions and a commitment to excellence in property management. -Approach to real estate is marked by thoughtful redevelopment for long-term sustainability and growth.

Sector Specialisms