Business greenvillenc membersmemberRussell Property Management, LLCReal Estate - Management 2025

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Your list of weaknesses might look something like this: Underperforming occupancy rate for specific units. Underperforming in one listing channel. Not yet established in the local rental market. Lack of social media presence. Weak number of direct bookings. Little automation of tasks. Disorganized reporting.
Hiring a property manager can be a smart way to lighten the workload of being a landlord. From marketing your rental and finding qualified tenants to onboarding renters and streamlining rent collection, property managers can handle many of the time-consuming tasks that come with rental property management.
Property management is the daily oversight of residential, commercial, or industrial real estate by a third-party contractor. Generally, property managers take responsibility for day-to-day repairs and ongoing maintenance, security, and upkeep of properties.
PROPERTY MANAGERS MUST BE LICENSED IN NORTH CAROLINA In North Carolina, a commercial or residential property manager must be a licensed real estate broker. (See G.S. 93A-2(a).) Managing real property in the brokerage sense often involves the leasing or renting of property.
The property management company does not own the property. They only manage it. If you find out who the owner is then you can offer to buy it. But the owner is under no obligation to sell it to you.
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If your rental property is located far from where you live, hiring a property management company can be invaluable in dealing with the many issues that you will not be able to handle from afar. If you live out of state, check the states lawsyou might even be required to hire an in-state management company.