Portfolio Manager in Southfield, Michigan at MARKETPLACE MANAGEMENT LLC
Job Description
About Us
Marketplace Homes is a vertically integrated single-family investment platform that partners with investors to acquire, renovate, operate, and sell real estate nationwide. With thousands of properties under management, Marketplace works with investors planning to own 25-500 homes by providing access to institutional quality deals and tools so anyone can reap the benefits of a professionally managed real estate investment portfolio.
Overview
As a Portfolio Manager, you will be responsible for overseeing our client's SFR investment portfolios, helping to make strategic decisions, and maximizing ROI.
Duties
- Regularly reporting on portfolio performance to stakeholders, including occupancy rates, rental income, and expenses.
- Building and maintaining strong relationships with clients, addressing their needs, and ensuring satisfaction.
- Monitoring the performance of residential properties within the portfolio, including occupancy rates and maintenance issues.
- Acting as the primary point of contact for clients, providing updates on property status and addressing any concerns.
- Preparing and presenting financial reports, including income statements, expense reports, and budget forecasts to clients.
- Addressing and resolving issues that arise with tenants or properties, ensuring compliance with relevant laws and regulations.
- Tracking key performance indicators (KPIs) for properties and making recommendations for improvements.
These duties require strong communication skills, a good understanding of the real estate market, and the ability to manage multiple properties and client expectations effectively.
Skills & Abilities
- Strong supervisory and leadership skills.
- Strong analytical and problem-solving skills.
- Excellent organizational skills and attention to detail.
- Excellent written and verbal communication skills.
- Ability to communicate with account holders in a courteous manner.
- Ability to work with a team and independently.
- Proficient with Microsoft Office Suite or similar software.
Experience
- At least five years of related experience required, with an active real estate license highly preferred.
Our company is HYBRID, with an office located in Southfield, MI. Employees are required to work in-office 3x a week - currently scheduled for Tuesday, Wednesday & Friday.
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