Residence Manager
CurrentGeneralSupervision of contract service providers.Preparation of thorough monthly reports.Rent payment follow upMaintaining regular, clear, and appropriate communication with tenants.Open house showingsDrive to sitesFinancialReview and approval of monthly financial statements, rent rolls, and revenue reports.Oversight of day-to-day operating expenditures for the properties.Collection of rents and arrears, including initiating legal action when required.Maintaining awareness of the local rental market and recommending appropriate rental rates, leasing strategies, and incentives to control vacancy.MaintenancePreparation of appropriate preventive maintenance plans for assigned properties.Monitoring and supervision of site staff for unit turnovers and routine maintenance activities.Ensuring all properties are in compliance with local building and safety codes.Sourcing appropriate third-party vendors to provide services to the property as required.Conduct regular inspections of the properties to ensure first-class operations are maintained.Plan and recommend capital improvements that may be required.Ensure on-call maintenance requests and emergencies are handled promptly, including in-person attendance if major incidents occur.The duty of a Resident Manager ensures the satisfaction of the tenants and the Landlord.