A Property Manager oversees rental properties on behalf of owners by handling leasing, tenant communication, rent collection, maintenance coordination, budgeting, and regulatory compliance under applicable state and local rules.
Top Reasons to Become a Property Manager
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Ongoing demand for rental housing
Rental markets create steady need for operational management, tenant coordination, and maintenance oversight.
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Operational and people-focused work
Property management blends customer service with logistics, vendor coordination, and documentation.
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Scalable career path
Managers can grow from small portfolios to larger operations and specialized property types.
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Regulated compliance responsibilities
In many states, licensing or supervision rules apply, and compliance knowledge becomes a valuable differentiator.
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Transferable business skills
Budgeting, vendor management, documentation, and customer communication translate across real estate operations roles.
Average Salary for a Property Manager
Property Manager earnings vary based on portfolio size, property type, region, and whether compensation is salaried or fee-based.
- Estimated average annual salary: $45,000–$85,000
- Entry-level earnings: $35,000–$50,000
- Experienced professionals: $85,000+
Salary figures are estimates and vary by market and portfolio complexity. Some roles include bonuses or fee-based compensation.
Education, Training, and Professional Resources
The resources below summarize common training options, compliance topics, and tools used in property management.
Education and Training
Real estate or property management coursework where required, including fair housing and landlord-tenant basics.
Exam Preparation
Exam preparation resources if a state requires a real estate or property management exam.
Continuing Education and License Renewal
Continuing education resources for renewal where licensing applies.
Additional Professional Resources
Lease templates, property management software, bookkeeping tools, and professional associations.
Official Regulatory Information
Always consult your state real estate authority to confirm whether a license is required for property management activities.
View Property Manager licensing requirements by state
Why This Page Exists
This page consolidates common education and operational resources associated with Property Manager licensing and practice.