Property Management| GW Partners

The property manager takes care of the property on behalf of the property owner. Property managers can work onsite or offsite depending on the nature of the job requirement. While onsite property managers stay at the property premises and look after it, offsite property managers usually have an office and travel around visiting all the properties and taking care of them. Some of their key responsibilities include resolving issues with renters, ensuring rent is paid on time, scheduling repairs if needed, preparing rental contracts, and meeting with potential renters.

On the other hand, real estate asset managers work similarly to what asset managers do in the financial industry. Real estate asset managers’ work is to focus on maximizing the asset value of the property. They work completely on investment purposes and should not be confused with property managers who look after day-to-day operations like buying and selling a house, finding tenants, advertising, etc.

Real estate asset management might get tricky especially if you don’t have any prior experience in handling it. Just like financial assets, one needs to build a portfolio of real estate assets so that you minimize the risk of loss should there be a major fluctuation in the market. After all, you shouldn’t be putting all your eggs in one basket, right? Having a trusted asset management service provider like GW Partners of Texas by your side can help you overcome all your worries. Our asset management services are designed keeping in mind your need of maximizing the performance and value of the assets.