Demo

Property Manager

LV Property Management, LLC
Rockford, IL Full Time
POSTED ON 6/6/2024 CLOSED ON 7/31/2024

What are the responsibilities and job description for the Property Manager position at LV Property Management, LLC?

We know that a “one-size-fits-all” approach doesn’t work when it comes to residential living. That’s why, at LV Property Management, LLC, our portfolio features a wide range of options. Our properties may be diverse, but one thing is uniform: every community provides the unparalleled quality, service, and support our residents deserve.

LV Property Management has an immediate need for a Property Manager for one of our unique properties in Rockford, Illinois.

If you’re ready to be a part of our team, we encourage you to apply.
Salary Range: $58,000 to $68,000 PLUS BONUS OPPORTUNITY
Major Tasks Key Responsibilities:
1. Resident Relations:
  • Establish and maintain positive relationships with residents, addressing their concerns, inquiries, and requests promptly and professionally.
  • Implement strategies to ensure resident retention and satisfaction, such as organizing events, fostering a sense of community, and addressing tenant needs.
2. Rent Collection and Financial Management
  • Manage day-to day operations focusing on occupancy, collections, and budgets.
  • Assist residents in understanding their rental obligations and offer support for financial management.
  • Monitor and manage the property's budget, ensuring expenses are within approved limits.
  • Collaborate with accounting and finance departments to ensure accurate recordkeeping and financial reporting.
3. Maintenance and Repairs
  • Coordinate and oversee maintenance and repairs, ensuring timely and cost-effective resolution of issues.
  • Conduct regular inspections of the property to identify maintenance needs and address them promptly.
  • Collaborate with maintenance team, contractors, and vendors to obtain competitive bids and select reliable service providers.
  • Maintain comprehensive records of maintenance activities, expenses, and warranties.
4. Regulatory Compliance
  • Ensure compliance with all applicable local, state, and federal housing regulations, including fair housing laws and low-income housing guidelines.
  • Stay updated on regulatory changes and ensure the property's policies and procedures align with the requirements.
  • Assist with the preparation and submission of required reports, documentation, and certifications.
5. Leadership and Management
  • Coach, lead and motivate the performance of on-site team.
  • Oversee the lease application process, including screening prospective tenants, conducting background checks, and verifying income eligibility,
Qualifications
  • Bachelor’s degree in Property Management, Business, Real Estate or equivalent
  • Minimum 2-5 years of experience in Property Management, specifically in Section 8 and LIHTC
  • Familiarity with local, state, and federal regulations related to low-income housing, fair housing laws, and tenant rights is essential.
  • Strong interpersonal and communication skills are necessary to effectively interact with tenants, staff, and external stakeholders.
  • The ability to manage multiple tasks, prioritize responsibilities, and meet deadlines is crucial in a fast-paced environment.
  • Aptitude for identifying and resolving issues related to tenant concerns, property maintenance, and regulatory compliance.
  • Basic knowledge of budgeting, financial reporting, and rent collection procedures.
  • Competence is using property management software (preferably Yardi or Entrata), spreadsheets, and other relevant tools for documentation and reporting.
About Us:
LV Property Management is in the business of managing high-quality apartment communities in Illinois, Indiana, and Wisconsin. Our team of highly trained management, leasing and maintenance associates are dedicated to providing an exceptional living environment for our residents. We are focused on paying attention to details in both maintaining our properties as well as in our customer service. We value our employees and are dedicated to training and supporting our team members who uphold a strong commitment to quality service.
This is a full-time position with competitive benefits, 401(k) and room to grow. If you are a person who has residential property management expertise, a passion for maintaining a great establishment, and a devotion to your team and residents, then this position is the right fit for you!
**Employment with Legacy Varin is contingent upon the successful completion of a drug test and background check **

Salary : $58,000 - $68,000

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