Property Portfolio Manager vs. Property Manager
A property portfolio manager is a manager of a portfolio of properties. Typically, clients who retain a portfolio manager are working with a manager that is also responsible for several other properties. In this case a portfolio manager has a delicate balance of their time between the properties, and clients typically are not paying for a full-time property manager.
A property manager is a manager that is dedicated and responsible for only one property. The management company usually handles the financial needs from the management office.
Either way, a professional property management company can save your association money, manage vendors, bring valuable legal expertise, long term financial planning, consistency, property upkeep and more!
Related Posts
HOA Management: A Partner for Thriving Communities
When neighbors come together to form a homeowners’ association (HOA), their goal is to protect property values and create a pleasant living environment. Running an HOA involves more than good intentions; it requires organization, financial stewardship, and consistent follow-through. For
Pros and Cons of an HOA
What is an HOA? An HOA is a non-profit organization that is made up of homeowners that live in a managed community. When someone purchases a home in the neighborhood, they become a member of that HOA and can access
Forward Together: How Communities Stepped Up During a Challenging Year – By Ursula Burgess
Reprinted with permission from Ungated, a blog published by Community Associations Institute (CAI) at blog.caionline.org. 2020 will be remembered for its social unrest, political conflict, and a pandemic, all of which significantly impacted our lives. Weddings were rescheduled, schools went
