Property Management

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Dictionary Says

Definition of 'Property Management'

The administration of residential, commercial and/or industrial real estate. Property management typically involves the managing of property that is owned by another party or entity. The property manager acts on behalf of the owner to preserve the value of the property while generating income. Managed properties include residential and vacation properties, commercial retail space or industrial warehouse space. Property managers are typically paid a fee and/or a percentage of the rent brought in for the property while under management.
Investopedia Says

Investopedia explains 'Property Management'

Many real estate brokers also operate as property managers. For example, a broker in a resort town may provide buyer's and seller's agent services, and it may operate as a property manager as well, maintaining a listing of vacation properties in the area. The property manager is typically responsible for budgeting expenses, securing renters, collecting rent, complying with laws and regulations, and maintaining the property. This includes preventive maintenance, repair or corrective maintenance, routine cleaning and maintenance, and construction, including tenant improvements when handling commercial or industrial space.
Search results for

'Property Management'

  • Investing In Property Out Of State

    http://www.investopedia.com/articles/mortgages-real-estate/10/out-of-state-property.asp
    ... Buying Out of State The secret to many out-of-state investors' success is
    to find and hire an excellent property management company. ...

  • Vacation Property Walkthrough: Renting Out A Vacation Home ...

    http://www.investopedia.com/university/vacation-property-walkthrough/vacation-property-walkthrough7.asp
    ... month during the winter. Property Management An owner can market and rent
    the property on his or her own. Owners can list properties ...

  • Top 6 Tips For Turning Your Home Into A Rental Property ...

    http://financialedge.investopedia.com/financial-edge/1011/Top-6-Tips-For-Turning-Your-Home-Into-A-Rental-Property.aspx
    ... You will most likely need the help of an attorney if you plan to make your own
    application and contract, but a property management group can help you with the ...

  • Vacation Property Walkthrough: International Vacation Properties ...

    http://www.investopedia.com/university/vacation-property-walkthrough/vacation-property-walkthrough5.asp
    ... Property Management Services Whether the vacation property abroad will be used for
    personal or rental purposes, a property management company can oversee all ...

  • Vacation Property Walkthrough: Maintaining A Vacation Home ...

    http://www.investopedia.com/university/vacation-property-walkthrough/vacation-property-walkthrough6.asp
    ... A property management firm can provide home watch services that may include: Weekly
    visits to the home to check the condition of the interior and exterior; ...

  • Tips For The Prospective Landlord

    http://www.investopedia.com/articles/06/rentalrealestate.asp
    ... tenants. Find a Balance between Earnings and Effort - Are you "hands on",
    or should you work with a property management firm? Current ...

  • A Career In Real Estate Portfolio Management

    http://www.investopedia.com/articles/financialcareers/09/real-estate-portfolio-management.asp
    ... Works The real estate asset management function is made up of property level
    specialists who add value to fund managers by executing property-level strategy. ...

  • Real Estate Speculation In College Towns

    http://www.investopedia.com/articles/mortgages-real-estate/08/real-estate-speculation.asp
    ... If you plan to find renters on your own (without using a realtor or a property-
    management service), you'll need to know the best way to connect with your ...

  • 9 Businesses That Thrive In Recession - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/9-Businesses-That-Thrive-In-Recession.aspx
    ... Rental Agents and Property Management Companies Individuals who may not be able
    to afford to buy a home during recession, or for those who were forced to sell ...

  • Commercial Real Estate Earnings On Deck

    http://stocks.investopedia.com/stock-analysis/2009/Commercial-Real-Estate-Earnings-On-Deck-RWR-SLG-VNO-BPX-JLL1027.aspx
    ... Property Management On The Mend On Wednesday, Jones Lang LaSalle (NYSE:JLL) said
    in a report that the worst of the global commercial property meltdown is over ...

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