Basics

• Rent out with employee discounts
• Mileage allowance for utilities
• Better to go for salaries
• Managers need the ability to hire and fire people
• Employees need only one boss, limit managers to 7 employees

Incentives

• No bonus
• Only short term goals
• Open on warm holidays and Sundays

Property Management

@ Practical Apartment Management

Roles and Staffing

Site Manager. Front line operator that handles the Day to Day

Property Manager. Operating officer or administrative head that connect day to day to fiscal, marketing, and planning.

Executive Property Manager. Oversees property managers. Long range policies and fiscal plans

Asset Manager. Focus is on long-term planning, analysis and financial tracking

Weekends are the most important days to have your staff in.