Property Manager

3 weeks ago

Highland Park, United States LV Property Management Full time
Job DescriptionJob DescriptionWe know that a "one-size-fits-all" approach doesn't work when it comes to residential living. That's why, at LV Property Management, LLC, our portfolio features a wide range of options. Our properties may be diverse, but one thing is uniform: every community provides the unparalleled quality, service, and support our residents deserve.

LV Property Management has an immediate need for a Property Manager for one of our unique properties in Rockford, Illinois.
If you're ready to be a part of our team, we encourage you to apply.
Salary Range: $58,000 to $68,000 PLUS BONUS OPPORTUNITY
Major Tasks + Key Responsibilities:1. Resident Relations:
  • Establish and maintain positive relationships with residents, addressing their concerns, inquiries, and requests promptly and professionally.
  • Implement strategies to ensure resident retention and satisfaction, such as organizing events, fostering a sense of community, and addressing tenant needs.
2. Rent Collection and Financial Management
  • Manage day-to day operations focusing on occupancy, collections, and budgets.
  • Assist residents in understanding their rental obligations and offer support for financial management.
  • Monitor and manage the property's budget, ensuring expenses are within approved limits.
  • Collaborate with accounting and finance departments to ensure accurate recordkeeping and financial reporting.
3. Maintenance and Repairs
  • Coordinate and oversee maintenance and repairs, ensuring timely and cost-effective resolution of issues.
  • Conduct regular inspections of the property to identify maintenance needs and address them promptly.
  • Collaborate with maintenance team, contractors, and vendors to obtain competitive bids and select reliable service providers.
  • Maintain comprehensive records of maintenance activities, expenses, and warranties.
4. Regulatory Compliance
  • Ensure compliance with all applicable local, state, and federal housing regulations, including fair housing laws and low-income housing guidelines.
  • Stay updated on regulatory changes and ensure the property's policies and procedures align with the requirements.
  • Assist with the preparation and submission of required reports, documentation, and certifications.
5. Leadership and Management
  • Coach, lead and motivate the performance of on-site team.
  • Oversee the lease application process, including screening prospective tenants, conducting background checks, and verifying income eligibility,
Qualifications
  • Bachelor's degree in Property Management, Business, Real Estate or equivalent
  • Minimum 2-5 years of experience in Property Management, specifically in Section 8 and LIHTC
  • Familiarity with local, state, and federal regulations related to low-income housing, fair housing laws, and tenant rights is essential.
  • Strong interpersonal and communication skills are necessary to effectively interact with tenants, staff, and external stakeholders.
  • The ability to manage multiple tasks, prioritize responsibilities, and meet deadlines is crucial in a fast-paced environment.
  • Aptitude for identifying and resolving issues related to tenant concerns, property maintenance, and regulatory compliance.
  • Basic knowledge of budgeting, financial reporting, and rent collection procedures.
  • Competence is using property management software (preferably Yardi or Entrata), spreadsheets, and other relevant tools for documentation and reporting.


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