If you are striving to be the best property manager in the Houston area, there are many traits you’ll want to have. Below are some critical things to remember to be great at property management.
Tech-Savvy
It’s essential to be tech-savvy as a real estate professional today. Other property managers have many software applications and apps that make them more competitive. You’re missing out if you don’t leverage the latest technologies to be a better property manager.
One of the best property management apps out there today is Buildium. Property managers for property managers construct this tool so you can control all parts of your business on the go.
Some of the best features of Buildium are:
- Collects rent automatically with a helpful tenant portal
- Online help support during regular business hours
- Lots of training materials to help you and your employees
- Vacancy management tools
- Maintenance reminders and cycles
- General ledger accounting
Another excellent app for property managers and landlords is TurboTenant. The pricing model for this product puts it all on the tenant, so it’s probably free for you.
TurboTenant lets you manage rental applications and screen tenants on the go. It also enables you to run rental listings on multiple platforms with one click, including Craigslist, Rent.com, and Realtor.com.
Well-Organized
There are so many moving parts in a property manager’s job. In one day, you may be renting one unit, cleaning and renovating another, doing several background checks, and evicting someone.
It’s essential to use technology to stay on top of everything, and you also need fantastic organizational skills. Fortunately, you can use many popular property management apps, such as the ones listed earlier, to stay well organized as a property manager.
Good Networker
Anyone who succeeds as a property manager needs to be good at connecting with different types of people.
For example, you will be dealing with many different repair people, so you need to get along well with plumbers, roofers, cleaning people, and electricians.
You also need to relate to real estate agents and potential renters. You will wear many hats as you deal with all different kinds, and being able to network is critical.
Positive Attitude
It’s essential to have a positive attitude in property management. Otherwise, the job can get you down, and that affects performance. Remember, you are working with people who are often dealing with an issue, such as needing a place to live, trying to catch up with rent, or getting something fixed in their apartment.
It’s critical to have can-do optimism as a property manager because that attitude will rub off on others and help you be more relatable. And people who get along with others usually get more done in a day.
Effective Marketer
It’s always a challenge to find great tenants for properties, which often comes down to effective marketing.
Fortunately, it’s easier than ever to use technology to find great renters. The best property managers often use social media sites like Instagram and Facebook to promote new rental listings.
If you use social media well, it can increase your exposure. Not only will you find more renters, but you also may find more investors who want to hire you!
Great Manager
No one can be an excellent property manager without assembling a high-quality team. This is critical when you move beyond managing a handful of properties to 10, 20, 50, 100!
So, you need to know how to interview and vet the best people for your property management team. At the very least, you will need an administrative assistant and a small team of reliable contractors to handle repairs.
These traits and attributes are essential so you can be one of the best property managers in your area.