Fractional Regional Property Manager
Waller Group Property Management, Dallas, Texas, United States, 75215
Fractional Regional Property/ Asset Manager
Position Summary
Seeking a seasoned regional manager or operations manager to create and integrate best
practices to a small portfolio of class C apartments in TX, ranging from 58 units to 160 units
with 3 onsite managers and one corporate assistant regional manager/ asset manager.
The expectation is $60 per hour contractor role to complete the following scope of work.
Estimated 20-40 hours + ongoing quarterly check in or refinements/updates apx 5 hours
per quarter.
Review and potentially Refine corporate procedures manual and create job description, duties and expectations for assistant regional manager/asset manager. (currently also serves as owner’s property accountant)
Review and refine annual budget templates for each property.
Review and maybe refine - monthly financial package reporting from managers to owner, NOI targets, rent collections, delinquency, and expense control.
Develop action plan templates to correct shortfalls or maximize opportunities.
Review monthly close out procedures for managers and accounting
Leasing & Marketing
Templates for Driving occupancy and revenue through effective leasing strategies and market analysis.
Prepare a marketing plan template for managers to follow when economic occupancy is below 90% or for aged units.
Refine templates for weekly and monthly owner reporting (weekly when economic occupancy or negative NOI growth, monthly when meeting expectations)
Prepare checklist for asset manager to follow for property visits, property walk, interior and exterior inspection, random lease audits, etc
Identify and review current training protocols.
Promote accountability, performance standards, and a positive team culture.
Review current process around annual performance reviews and staff compliance with training requirements.
Resident Relations & Customer Service
Refine reputation management process and procedures for managers and staff
Refine resident retention programs and ensure communication standards are met.
Compliance & Reporting
Ensure corporate procedure manual is thorough and review annually and make suggested updates.
Refine or prepare risk management procedures, safety protocols, and incident reporting.
Refine monthly ownership reports, variance explanations, and portfolio updates.
Qualifications
10+ years of property management experience; 2+ years in a regional or multi-site leadership role preferred.
Strong knowledge of budgeting, financial reporting, and operational management.
Proficiency with property management software (e.g., Yardi, AppFolio, resman is our provider, RealPage).
Core Competencies
Leadership & Team Management
Project Implementation
Time Management
Strategic Planning
Strong Organizational Skills
Contractor may complete on their own time and also potentially complete remotely, depending on location experience and readily available resources.
#J-18808-Ljbffr
Review and potentially Refine corporate procedures manual and create job description, duties and expectations for assistant regional manager/asset manager. (currently also serves as owner’s property accountant)
Review and refine annual budget templates for each property.
Review and maybe refine - monthly financial package reporting from managers to owner, NOI targets, rent collections, delinquency, and expense control.
Develop action plan templates to correct shortfalls or maximize opportunities.
Review monthly close out procedures for managers and accounting
Leasing & Marketing
Templates for Driving occupancy and revenue through effective leasing strategies and market analysis.
Prepare a marketing plan template for managers to follow when economic occupancy is below 90% or for aged units.
Refine templates for weekly and monthly owner reporting (weekly when economic occupancy or negative NOI growth, monthly when meeting expectations)
Prepare checklist for asset manager to follow for property visits, property walk, interior and exterior inspection, random lease audits, etc
Identify and review current training protocols.
Promote accountability, performance standards, and a positive team culture.
Review current process around annual performance reviews and staff compliance with training requirements.
Resident Relations & Customer Service
Refine reputation management process and procedures for managers and staff
Refine resident retention programs and ensure communication standards are met.
Compliance & Reporting
Ensure corporate procedure manual is thorough and review annually and make suggested updates.
Refine or prepare risk management procedures, safety protocols, and incident reporting.
Refine monthly ownership reports, variance explanations, and portfolio updates.
Qualifications
10+ years of property management experience; 2+ years in a regional or multi-site leadership role preferred.
Strong knowledge of budgeting, financial reporting, and operational management.
Proficiency with property management software (e.g., Yardi, AppFolio, resman is our provider, RealPage).
Core Competencies
Leadership & Team Management
Project Implementation
Time Management
Strategic Planning
Strong Organizational Skills
Contractor may complete on their own time and also potentially complete remotely, depending on location experience and readily available resources.
#J-18808-Ljbffr