Date: November 9, 2023
If you’ve ever wondered what goes on behind the scenes to keep rental properties running smoothly, I’m here to shed some lights on the fascinating world of property management. As a property management staff, I wear many hats to ensure that properties are well-maintained, tenants have a high level of satisfaction, and owners receive a return on their investment.
The foundation of Property Management
At its core, property management involves the oversight, operation, and maintenance of real estate properties. These properties can range from cozy residential apartments to bustling commercial buildings, and even expansive industrial spaces. The ultimate goal? To Maintain the property’s value, ensure it functions properly and create a safe, comfortable environment for tenants.
So, what does a day in the life of a property manager look like? Let me take you on a journey through my first days with Bedandgo Inc. to provide a glimpse into this dynamic field.
Day 1: A Warm Welcome and Orientation
My very first day was all about getting oriented to my new role. I was able to meet my new colleagues. They introduced me to the ins and outs of property management, setting the stage for what lay ahead.
Additionally, I got all my digital tools in order to hit the ground running. From setting up my Bedandgo email to familiarizing myself with the company’s systems, the day was about ensuring I had all the resources to excel in my new role.
Day 2: Out in the field
My second day took a more hands-on turn. I had the opportunity to accompany one of my colleagues on a morning field visit to several properties managed by Bedandgo Inc. It was an invaluable experience.
During our first stop, we inspected a property to ensure it was ready to welcome a new resident, this tenant rented the unit on Airbnb. This involved checking everything from the functionality of utilities to the overall condition of the unit. It was a chance to see firsthand the attention to detail that goes into preparing a property for a new tenant
At our second visit, the focus shifted to maintenance and repairs, specifically related to a previous leakage issue. This incident had originated from the floor above and affected two bathrooms in the unit. An engineering firm had previously been engaged to provide expert guidance, and their recommendations had been carried out by the contractors responsible for fixing the leakage. On this day, we were overseeing the final steps of the repair process, which included patching and painting the ceiling for aesthetic restoration.
The work was not just limited to the physical aspects but also involved internal reporting to ensure that all the necessary documentation was completed and the task was brought to a close.
Day 3: Exploring Move-Out Procedures
On my third morning with Bedandgo Inc., I had the privilege to joining one of my colleagues to gain insight into the move-out procedures. We visited a unit previously occupied by a tenant, and our mission was to assess how the tenant had left the residence.
The process involved evaluating the condition of the property and determining which expenses would be the responsibility of the tenant and which would fall on the property owner. To make this process smoother, a colleague from leasing was also present. They would be responsible for communicating with the previous tenant.
To streamline this process, we filled out a detailed “move-out report”. This report not only assessed the status of each component of the property but also specified the necessary steps for each. Whether it was installation or an interior detail this report provided clarity on what was required to prepare the property for its next chapter.
And that's a wrap for my first three days as an PM staff here in Bedandgo inc. Stay posted for more updates. 'Til next time, see you on my next blog post.
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