All Forum Posts by: Jennifer Johnson

@Fred Heller Thank Mr. Heller! Yes, somewhat.  What is the difference between onsite manager and resident manager? I was guessing an onsite manager works onsite for a certain numbers of hours each day or week but goes home? And a resident manager would live on the property?  Onsite manager would require an office onsite and resident manager would live in one of the units, and whether they get to live there for free would be an arrangement with the PM company?  Thanks for your response.

Jen

Hi Everyone,

 For a while now, I thought that property management company (PM) and site manager are the same.  But after reading numerous posts and threads, I'm not so sure anymore.  

Please correct or clarify.

I could hire a PM company that charges 10% of gross revenues, for instance, and they will take care of the property.  If its a small property like less than 20 units, then they could manage from their own office/headquarter.  If its a larger property like more than 40 units, then they will send a site manager or resident manager??? Will I be paying additional for the site manager or resident manager or is that fee included in the total 10% that they are charging already?  

I'm hoping from these questions, you'd be able to explain or correct me if I'm way off base. Thank you in advance.

Jen