Property Manager

Property Manager Job Description

Launch Property Management's (LPM) mission is to catalyze community through hospitable housing. The Property Manager (PM) is accountable for all aspects of management of the apartment community and will be responsible for the implementation of marketing and leasing initiatives, as well as strategies that promote the optimum achievement of operational, compliance, financial, and overall performance of the property. The ideal candidate must possess great written and oral communication skills; ability to lead others; manage staff; monitor and direct maintenance staff and contractors; resolve residents' issues; excel in time management; manage budgets.Computer skills are a must.

Reporting and Compensation:

• Reports to: Dallas Director of Operations (DO)
• Direct Reports: 3-7 (onsite maintenance/leasing personnel)
• Compensation: Salary (FLSA Exempt)
• Benefits available: Paid Vacation, Paid Time Off, Paid Holidays, Medical, Dental, Vision, 401k matching, Basic Life and AD&D Insurance, Short Term & Long Term Disability Insurance

Duties and Responsibilities:

• Conduct all business in accordance with Launch Property Management policies and procedures, Fair Housing laws, Americans with Disabilities Act laws, Fair Credit Reporting Act laws, and all other Federal and State laws.
• Maintain property KPI targets including:
• Consistent positive monthly Net Absorption
• Consistent positive quarterly survey responses in both leasing and maintenance
• Consistent minimization of monthly property losses as reflected in Gross Potential Rent reports
• Consistent minimization of resident turnover/churn not to exceed 25%
• Maintain consistent maintenance response and resolution time not to exceed 48 hrs unless external vendors are involved.

FINANCIAL

• In conjunction with the DO, the PM will assist in formulation of budgets for each upcoming calendar year. The property manager is responsible for staying within the established budget guidelines throughout the year.
• Actively maintain and report monthly variances and narratives.
• Ensures that all rents are collected when due, and posted in a timely manner.
• Performs evictions as required on delinquent rents.
• Constant vendor/contractor communications concerning work scheduling, billings, vendor relations and certificates of insurance. The PM is responsible for approving and submitting all invoices to the corporate office for