Job Posting for Regional Property Manager at AGM Management
About Us:
AGM Management LLC is a property management company based in Michigan. AGM owns and manages approximately 2,500 units of affordable housing, in 28 project-based Section 8 properties located in 14 states. We are seeking a Regional Property Manager to be based out of our Troy, Michigan office and to oversee the management, operations, and physical condition of a portion of the portfolio.
The Regional Property Manager will oversee a portfolio of 15+ properties, and will ensure the physical and financial excellence of the properties within his or her portfolio, as well as ensure that the property is fully compliant with all HUD regulations. The position is based in our home office in Troy, MI but requires frequent travel out of state (approximately 7 – 10 days per month) to the properties in your portfolio.
Responsibilities:
Strive to achieve 98 – 100% occupancy for your portfolio of properties
Ensure that properties are in excellent physical condition
Oversee performance of quarterly inspections and completion of work orders that result from inspections
Perform 100% unit inspections once per year
Travel to each property at least once per year
Reduce expenses and stay within or under budget. Review budget vs actual spending, identify opportunities for expense reduction, and carry those things out
Ensure that property is well prepared for and attend MOR and REAC inspections
Perform annual file audits at each property. Check that certifications are being calculated correctly and that property is fully compliant with all HUD regulations
Perform monthly training and identify further education opportunities for site managers, on topics such as HUD compliance, company policy and procedure, using technology to help with efficiency, etc.
Hire and train new property managers as necessary
Ensure that tax credit properties are in compliance with the tax credit regulations and submit all required reports to the state housing finance agency
Review property performance in key areas on a monthly basis and work to correct any issues.
Respond promptly to on-site manager’s questions and to bookkeepers' information requests
Act as the point person for company policy on leasing, eviction, move-out procedures, tenant selection, housekeeping rules, purchasing and contracting procedure, and property rules and regulations
Evaluate maintenance and office staff on an annual basis
Knowledge of the HUD Section 8 4350.3 handbook
Requirements:
Minimum of 5-10 years’ experience in the field of property management, including experience with Affordable Housing programs (Section 8, Low Income Housing Tax Credit) a must
Experience with preparation and oversight of REAC inspections
Experience with preparation and oversight of MOR inspections
Knowledge of Section 8 program requirements
Exceptional task management, communication, customer service, and organizational skills
Intermediate knowledge of MS Word, Excel and Outlook and comfortable using a computer to routinely perform job functions.
Willingness and ability to travel by air and automobile
Proficiency with real estate software programs such as Yardi, OneSite or comparable
Salary.com Estimation for Regional Property Manager in Troy, MI
$64,877 to $98,122
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