How Many Properties Can a Property Manager Effectively Handle

When choosing a property manager, there are a number of questions that need to be asked to give landlords and property owners peace of mind. The number of properties being managed by a property manager is one factor to take into consideration however there are a number of other questions that need to be answered to decide whether a property manager is a worthwhile investment.

In this blog, we’re going to answer the following questions so you understand the benefits of outsourcing property management:

  • What is the purpose of a property manager?
  • How many properties can property managers effectively handle?
  • Should I self-manage?

What is the purpose of a property manager?

Being a property manager in the UK is all about managing the property of landlords or property owners. Managers act as middlemen between the owner and renters and deal with maintaining the living space and the relationship with tenants. Some of the key responsibilities of a property manager include:

  • Finding new tenants and informing landlords when tenants do not want to continue their lease
  • Collecting rent
  • Handling repairs and upkeep of the property
  • Ensuring the property is meeting legal and regulator requirements such as health and safety and tenancy laws
  • Managing the property finances
  • Communicating between the landlord and the tenant

How many properties should a property manager manage?

One of the most common questions when looking at property management companies is how many properties can a property manager manage and ensure that the landlord or owner is still getting the most out of their investment.

How many properties does the average property manager manage?

Property managers will typically have a designated portfolio of properties they oversee. The average property manager can have a portfolio that ranges from 50 – 200 depending on seniority and demand of the area.

How many properties one person can manage differs depending on a number of factors. The amount of experience someone has, whether you are working with a company or an independent manager as well as the area in which you are based in mean someone has a smaller or larger portfolio.

Should you self-manage properties?

Sometimes it can seem like investing in a property manager isn’t the right move for landlords and property owners. If you only have one property and have a good experience with your tenants then it may make sense to avoid investing in property management services. However, if you are unfamiliar with tenancy law, don’t have a lot of time on your hands and can’t fill vacancies quickly, then a property manager can step in and take these issues out of your hands and do the legwork for you.

Working with LevelUP Property Management

As Milton Keynes’ preeminent residential property management company, we will handle all aspects of property maintenance, tenant communication and financial management with unparalleled expertise. Our approach to property management is a people-first, technology-driven approach where we foster meaningful relationships and empower our customers. We tailor our services to your individual needs to ensure we’re getting you the most for your investment.

Get in touch with our experts today to find out more about what we can do for you and your property.

Frequently asked questions

What type of properties do you manage?

Our residential property management services vary from block management to vacant property management. We also offer corporate property management for mixed-use properties such as shops with flats above them. 

What does your management guarantee?

We offer full property management which means we will conduct property inspections, help find tenants for your properties and ensure consistent cash flow with guaranteed rent.

A number of houses with a property manager calculating