To help us understand what a property manager does to earn their fee, I invited Victor Cortese of PPS Properties to speak with us today. As a property manager himself, he knows the ins and outs of the business.
So, what does a property manager do? Their key duties include:
- Collecting rent
- Managing the accounting process
- Distributing statements
- Fielding tenant calls for work orders, tenant management issues, etc.
PPS Properties also goes above and beyond these typical duties, performing an annual preventative maintenance check to keep issues from occurring. They’ll look at oil burners, electrical systems, and water pipes during their maintenance. This also helps with their turnover costs at the end of the day.
I’d like to thank Victor for joining us today; you can visit his company’s website at www.PPS.Properties. And if you have any real estate questions or need further information, feel free to reach out to me. I look forward to hearing from you soon.