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Updated over 1 year ago on . Most recent reply
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How can I become a successful property manager as my first job?
If I wanted to land a job in property management after completing highschool/college what would I have to do to land the job. Are there any steps to building my resume or is it an easy job with little requirements. Or does it make sense to network myself as a manager and sell myself to as many investors in the area as a can as a side hustle? Also I am wondering how much I would make every month from this job on average to decide where to locate to for house hacking etc.
Most Popular Reply
Hey Vashist getting into property management is a great job providing steady income. It also can be stressful as there are a lot of things you need to do/handle on behalf of the owner, tenant and property. It is not a 9-5 job and there will be nights and weekends involved, pending tenant issues and maintenance emergencies. Things to keep in mind, if you have no experience you usually will start off in an assistant role to learn the job and how your employer does things. Once you have proven yourself you can advance to different types of roles to include Leasing Agent, Property Manager, Business Development, etc. In most states you are required to be a Realtor in order to do Property Management so I would check with your local laws. By taking that training you will have better insight as to the role of a property manager. But in my opinion, that is not enough. You should look into the organization National Association of Residential Property Management. They have a ton of training and conferences that will help you better understand the industry.
If you only plan for this to be your side hustle, I would highly recommend finding a different side hustle. You will be in charge of the publics most valuable asset and if you can't give it your full attention, it may be best leave that job to someone else.
Best of luck!
- Jenni Utz
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