• How much do Rental Property Managers typically make 
  • Starting off is around $70,000 a year as you manage more buildings you expect $150,00 or more. 

Job Summary: As a Rental Property Manager, you will be responsible for the effective management and administration of strata properties or condominiums. You will work closely with property owners, residents, and service providers to ensure the smooth operation of the property and compliance with applicable regulations. Your role involves financial management, communication, conflict resolution, and coordination of maintenance and repair activities.

A Rental Property Manager is a professional responsible for overseeing the management and administration of Rental Property properties or condominiums. The role involves working closely with property owners, residents, and service providers to ensure the smooth operation of the property and adherence to relevant laws and regulations. Here is a general job description for a Strata Manager:

Responsibilities:

1. Financial Management:
   • Prepare and manage budgets for the Rental Property property.
   • Collect Rental Property fees and assess special levies.
   • Maintain financial records and provide regular financial reports to the client.
2. Communication:
   • Act as the primary point of contact between the Rental Property council, property owners, and residents.
   • Distribute information and notices to stakeholders.
   • Facilitate regular meetings, including the Annual General Meeting (AGM).
3. Regulatory Compliance:
   • Stay informed about Rental Property property laws and regulations.
   • Ensure the property is in compliance with legal requirements.
   • Assist in the preparation and filing of necessary documents.
4. Conflict Resolution:
   • Address and resolve disputes between property owners and residents.
   • Mediate conflicts within the Rental Property the owner and tenant.
   • Work to maintain a positive and harmonious living environment.
5. Maintenance and Repairs:
   • Coordinate and oversee maintenance and repair projects.
   • Obtain quotes and liaise with contractors.
   • Ensure the property is well-maintained and complies with safety standards.
6. Insurance Management:
   • Manage the Rental Property property’s insurance coverage.
   • Assist in processing insurance claims when necessary.
7. Record Keeping:
   • Maintain accurate and organized records related to the rental property.
   • Keep track of key documents, contracts, and correspondence.
8. Emergency Response:
   • Develop and implement emergency response plans.
   • Coordinate and communicate during emergencies or unforeseen events.

Qualifications:

• Bachelor’s degree in a relevant field (e.g., business, property management) is often preferred.
• Knowledge of Residential Tenancy laws and regulations.
• Strong financial management skills.
• Excellent communication and interpersonal skills.
• Conflict resolution and problem-solving abilities.
• Familiarity with property management software.

Experience:

• Previous experience in property management or Rental Property management is beneficial.
• Knowledge of the local real estate market and property values.