Gather all necessary information related to the properties in the portfolio
Create a digital file for each property in the portfolio including property details, ownership details, and lease agreements
Introduction to the property management software being used
Review and familiarize with property management laws and regulations
Provide training on financial reporting and budgeting for properties
Approve: Training on Resolving Tenant Issues
Identify key contacts for each property
Review and understand the risk management policies for each property
Organize initial meetings with property owners/real estate investors
Understand and manage property maintenance and repair requirements
Approval: Understanding of Property Marketing Strategies
Learn to process and manage lease renewals
Understand the process and regulations for tenant evictions
Review collected rent, fees, and operating expenses for each property
Approval: Review of property insurance requirements
Get to know the property management team and key stakeholders
Learn the process for sourcing and screening new tenants
Set up regular communication mechanism with tenants and property owners
