What are the responsibilities and job description for the Single-Family Investment Manager position at Real Property Management of the Rockies?
Single Family Investment Manager
Responsible for Building Trust with current and prospective clients through excellent and proactive communication regarding their investments. By monitoring maintenance activities and budgets, ensuring great rental rates, and safeguarding both the income and asset, this role delivers value and demonstrated returns for investors. As a licensed real estate professional, this individual is knowledgeable of relevant laws and changing legislation, and always Upholding Integrity in all dealings.
CAREER PATH
Property Manager I – Property Manager II – Portfolio Manager – Director of Property Management
ESSENTIAL RESPONSIBILITIES:
1. Management of the client experience
- Proactive communication through established processes
- Driving net promoter scores (NPS) and survey responses / reviews
- Setting and delivering on achievable client expectations
- Delivering financial reports and investment analysis
2. Marketing of available properties
- Writing marketing descriptions, developing strategies to minimize vacancy
- Set rental rates with input from management and/or PM Team
- Driving asset performance through the marketing strategy
3. Asset Management
- Understanding and communicating depreciation, wear and tear of rentals
- Budgeting for maintenance, as well as capital projects
- Ensuring compliance to codes and legislation
- Mitigation of risk and liabilities
- Performing initial inspections, and reviewing periodic inspections with clients
- Shared responsibility in move-out and move-in inspections during busy season
4. Maintenance Management
- Oversight of Property Coordinator correspondence
- Budgeting and review of annual maintenance expenses
- Monthly review of maintenance activities and owner statements
- Oversight of work order flow and completion of the work order process
- Engaging in client insurance claims
5. Lease Management
- Monitoring delinquency in the portfolio
- Leading eviction processes including attorney communication
6. Financial Management
- Reviewing monthly and annual statements
- Budget for annual maintenance and expenses, capital projects
- Advise client on asset liquidation, re-investments, portfolio growth, or exchanges
- Review comparable rental data and prepare rental pricing strategies
7. Interpersonal Management
- Calm, clear and respectful communication
- Strong active and passive listening skills
- Timely responses
- Early communication of mistakes or broken agreements
- Use of clarifying questions
- Exercise strength in de-escalation
8. Professional Development
- Initiative and responsibility in maintaining license and certifications
- Emphasis on Fair Housing, Warranty of Habitability, Colorado Residential Landlord and Tenant Act
- Attending and participating in office meetings
- Seeking opportunities for networking and growth
- Timely completion of required training
- Participation in the development and maturation of company processes
9. Portfolio Management (Portfolio Manager Only)
- Wealth Optimizer Certification
- Sam Certified
- Investment expertise to discuss returns on investment, equity growth, principle reduction, tax benefits, 1031 exchanges
- Mastery of landlord/tenant law, local and state legislation, market conditions
KEY ATTRIBUTES
1. Highly detail oriented and organized in work
2. Strong analytical thinking and troubleshooting skills
3. Excellent communication and interpersonal skills with a customer service focus
4. Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
5. Proficiency with email, phone and web apps, and Microsoft Office applications
6. Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results
REQUIREMENTS
1. Licensed Real Estate Agent / Broker (Wyoming / Colorado)
2. Life360 account participation for worktime accountability / safety
3. Tracking hours and appointments in shared Google Calendar, linked to AppFolio
4. Recording maintenance hours logged through AppFolio work orders
5. Basic accounting knowledge
6. Local area knowledge (School districts, desirability, rent rates)
7. Property maintenance knowledge
8. Competency in the following:
- · Residential Tenancies Act
- · Strata Titles Legislation
- · Property, Stock and Business Agents Act
- · Anti-Discrimination Act
- · Trade Practices and Fair Trading Acts
- · Certificates of Registration
PERFORMANCE EXPECTATIONS
1. Maintain survey and NPS results at or above 7/10
2. Achieve at least 1 - 4 star Google review per quarter
3. No more than 1 management escalation per quarter for at-fault issues
4. Maintain zero owner payables over 90 days
5. Limit at-fault company expenses to $200 or less per quarter
6. Zero unexcused absences per quarter
7. Maintain zero work orders open beyond 60 days
8. Achieve peer teamwork reviews at or above 7/10
Job Type: Full-time
Pay: $45,000.00 - $60,000.00 per year
Benefits:
- 401(k)
- Paid time off
License/Certification:
- Colorado Real Estate Broker License (Preferred)
Ability to Commute:
- Fort Collins, CO 80525 (Preferred)
Work Location: In person
Salary : $45,000 - $60,000