Property management is the process of overseeing and managing real estate properties. This can include residential properties, such as apartments and houses, as well as commercial properties, such as office buildings and retail centers.
Property managers are responsible for a variety of tasks, including maintaining and repairing the property, collecting rent, screening tenants, and ensuring that the property is in compliance with local laws and regulations. They may also be responsible for marketing the property to potential tenants, negotiating leases, and handling the financial aspects of the property, such as budgeting and record-keeping. In some cases, property managers may also be responsible for managing the day-to-day operations of the property, including supervising staff and coordinating maintenance and repair work.
There are several benefits of property management -
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