Many who work in property management will agree that it’s a difficult job. You’ll have to work long hours—sometimes over 40 hours a week—which is going to be tiring and stressful. You might also be called in on short notice to address an issue with a tenant.

Why work as a property manager

The good news is that there are plenty of advantages to becoming a property manager. Below is a list of the benefits that you may reap from this type of career:

Bringing in a nice income

People who work in property management have the opportunity to really bring home some bacon. Not only will you make enough money to pay mortgage, but also be able to invest more money in the property. Making improvements helps you attract more tenants thereby increasing your income even more.

Having an in-demand career

A good property manager is always in demand, which is why highly trained people don’t struggle to find a job in the industry. There will always be individuals who are looking to rent out their properties, so there is some guarantee that property management is a good career.

Meeting a variety of people

One of the perks that come with working in this field is getting the chance to expand your network. Renters and tenants come from different walks of life. Connecting with people from diverse backgrounds is exciting, especially for extroverts or those interested in different cultures.

Getting more tax deductions

Not only do you have the opportunity to make a good living but you might also be eligible for tax deductions. For instance, the money you spend on repairs may be tax-deductible or you may deduct depreciation from your taxes. Take note that this may not be possible in countries like the Philippines but it’s worth checking out.

Allowing for better flexibility

As a property manager, you get to have some degree of flexibility with regards to your schedule, to-do list, and other things. For instance, you get to decide if and when you want to sell assets. Also, you get to make decisions about the contracts, the terms and conditions, and the covered costs for property maintenance.

Are you interested in working in property management?

There is more than one way to enter the industry without becoming a landlord or real estate agent. If you’d rather work from home while pursuing your passion for property management, consider becoming a virtual assistant instead.

What is a property management VA?

When you talk about property management, what comes to mind might be travelling into the office every morning, tackling your daily workload, then heading home when your shift is over. This concept remains the same except that your physical presence isn’t needed.

The rapid development and growth of technology has changed the way people connect with each other. This has been the major driving force behind the popularity of virtual assistance. You no longer have to commute for work as long as you have a computer and internet.

How to help in property management as a VA

You may be wondering if you’ll make a significant difference in this field. If you want to know how you may transform the property management company you work at, check out the following five ways:

Giving administrative support

Property management involves dealing with multiple providers and clients, so the demands get arduous. Make their workload a bit better by picking up their admin backlog. This allows the in-house staff to focus on running the business, including securing tenants, over things like data-entry or document organization.

Securing rent payments

Collecting rent every month is an uphill battle for many property managers. A highly skilled virtual assistant is capable of computing how much each tenant owes and when their rent is due. You must also able to chase and communicate with them through VoIP phones, among other tools.

Providing all-day coverage

You never really know when tenant inquiries come in so it’s good to provide round-the-clock availability for your employer. If you’d rather not work 24/7, ask if it’s possible for you to work after their day shifts have ended so you may take over any concerns when it’s evening for them.

Scheduling property repairs

There is a wide range of essential and potential repairs that a property may have, and managing this schedule requires focus. As a VA, you have to provide full attention to check what needs repair or improvement and arrange for contractors to address them.

Managing social media

In today’s business landscape, it becomes even more important to have a strong online presence. The problem is that managing social media takes time, effort, and resources that are best used elsewhere. Take over the job of posting, replying, and even creating ads on social networks.

Where to work as a property management VA

As you have read, it’s worth working as a property management virtual assistant. There are several advantages to entering this industry plus there are many ways you may be of service to an employer.

Experience the fulfillment that comes with working as a VA here at Remote Workmate. While we don’t directly employ people, we do connect candidates to employers from around the world. We also equip you in preparation for the interview and the work itself.