November 15th, 2018
Managers Managing Rental Houses
It has always been common for apartment communities to have managers looking after them and their residents. A manager usually comes from a management company or can be someone hired by the person who owns the property. Their job is to ensure that the property or community they represent is being taken care of, cleaned, and in working order. Managers are vital because they bring in renters and oversee the departure of residents as well. They handle all the paperwork and money exchange, so the owner doesn’t have to worry about it. They are also the communication hub between the owner of the property and the resident.
This beneficial relationship between the owner, manager, and resident is now making its way to rental houses as well. With so many people renting homes it’s only ideal that owners would look to have someone managing the homes they rent out. According to a survey done by the U.S Census “Currently, 14.9 million U.S. households live in rental houses (attached or detached), more than the 13.9 million live in buildings with 10 or more apartments”. Homeowners are now seeking the help of managers, and while this isn’t a new concept, it is a growing field within the single-family industry.