What is Property Management?

Property Manager

What is Property Management?


For every investor, their rental properties can be a source of healthy passive income. Think about it: you buy a house, rent it out to a third party, and get passive income every month. That sounds like a sweet deal, right? Unfortunately, it’s not that simple for most people. No matter the size of the investment portfolio, managing a rental property takes time and commitment. You’ll have to stay on top of general maintenance issues, advertise the listing to potential tenants, and then stay in touch with them once they’ve moved in to ensure they’re happy.


For a person who has several rental properties and a full-time job, managing a rental property can seem borderline impossible; that’s where property management can help.


Understanding Property Management


Property management is overseeing and handling the business operations of a real estate property, which a third party often does. It can be done for both commercial and residential properties. There’s a lot that goes into managing a property successfully. When the tenants are happy, the stream of passive income stays healthy. Property management is essential for several real estate investors since they have several rental properties and can’t oversee each property simultaneously. That is why they hire property managers. When an investor decides to partner up with a property manager, the heavy lifting involved in property management is no longer their responsibility.


What Are Property Managers Responsible for?


A property manager offers a wide range of real estate services. These deal with the maintenance and care of several or a single rental property. On a broader scale, a property manager’s responsibility is to ensure the investor’s investment portfolio succeeds. On a daily basis, a property manager’s responsibilities may include:


  • Maintaining a positive relationship with clients and managing the eviction process when needed
  • Advertising listings to attract potential clients
  • Keeping a detailed record of the financial statements and preparing reports of income for the property owner
  • Enforcing and then administering lease agreements
  • Scheduling repairs and maintenance
  • Rent collection


At a glance, you can see how many tasks a property manager must have to juggle to ensure both parties (the landowner and the tenant) stay happy. Moreover, several property managers also use property management software that automates most of their work. With help from software, managing front office operations becomes a lot easier, and property managers can balance other operations more efficiently. This way, the investor can also choose their level of involvement with the process. If they prefer to stay in the loop, they can regularly communicate with their property manager. If they have their hands tied up with other commitments, they can rest easy knowing their property manager manages their investment efficiently.


The Benefits of Property Management


While you save a lot of time by working with property managers, time saved isn’t the only benefit of property management. There are several other reasons to hire a property manager:


  • Tenants usually prefer working with property managers rather than landlords since the process is usually smoother. As a result, this ultimately impacts the tenant’s view of the property. Renters who deal with a property manager usually end up leaving a good review of the property when they vacate it.
  • When an investor works with a stellar property management firm, they have access to a list of seasoned contractors. These contacts work in the landowner’s favor, and it helps them save on future maintenance costs on other properties. Moreover, contractors can come to the property owner with recommendations which are invaluable as well.
  • A property manager looks after rental properties for their living: it’s their job. This means they have an eye for a good tenant and consider several intricacies of the process that you can’t even think of.


A great property management company is worth its weight in gold. In the long run, property managers can help you save more than what they charge you. This is a win-win-win: happy tenants, content property managers, and a satisfied investor. 

August 19, 2025
Planning a trip to Las Vegas? Whether it’s your first visit or your tenth, it’s easy to get overwhelmed by all the options. As locals, we know how to balance the must-see attractions with spots that many visitors miss. This four-day itinerary blends the energy of the Strip with the character of the neighborhoods beyond it, giving you a true taste of what Vegas has to offer. Day 1 – The Main Event: Everything Happening on the Strip Morning: Start with brunch at Alexxa’s in Paris Las Vegas , where the drinks come in disco balls and the atmosphere is upscale, modern, and trendy. Every Saturday and Sunday, a live DJ keeps the vibe upbeat while you enjoy brunch from 7:00 AM to 2:45 PM . Afternoon: Stroll through the Bellagio Conservatory & Botanical Gardens , an ever-changing floral masterpiece perfect for photos (and a break from the casino floor). Each season the gardens transform into a different showcase of sights, sounds, scents and colors. The conservatory team changes out the design, and replant and repurpose as much of the living plant material as possible. Evening: Dinner at Din Tai Fung inside ARIA. If you’ve never tried their famous dumplings, you’re in for a treat — and yes, the chocolate xiao long bao is as good as it sounds. Night: Dance the night away at Omnia Nightclub in Caesars Palace, or if clubbing isn’t your thing, see one of the incredible Cirque du Soleil shows on the Strip! Some of our team members recommended KÀ, or Mystère. Although Absinthe is not a Cirque du Soleil production, it is another great recommendation! This one is unapologetically raunchy and hilarious- and it is for ages 18+. More show recommendations can be found at the end of this blog! Day 2 – The Arts District Morning: Grab brunch at Makers & Finders , a lively Latin café with killer coffee and a creative menu. Afternoon: Spend time exploring the Arts District’s unique shops like Alt Rebel , Spilled Milk , and Antique Alley Mall . If shopping isn’t your scene, dive into something spooky different with Zak Bagans’ Haunted Museum . And if you’re not into scary, check out the end of this blog for more exhibits/museums in Las Vegas! Evening: Dinner at Esther’s Kitchen , where fresh, handmade pasta and sourdough steal the show. Night: Head to Atomic Golf where you can explore four floors of immersive golf games, bars, food and private event spaces! Day 3 – Immersive Fun At Area 15 Morning: Start with breakfast at The Peppermill , a retro Vegas staple known for its huge portions and vintage diner vibe. Afternoon: Spend the day at AREA15 , where you can wander through the mind-bending Omega Mart , explore the Illuminarium , check out Wink World , and so much more. Evening: Dinner at Block 16 Urban Food Hall in The Cosmopolitan — a foodie paradise with everything from Momofuku to Ghost Donkey . Nightcap: End your evening with a glamorous cocktail or mocktail at The Chandelier Bar inside The Cosmopolitan. Day 4 – Vegas Local + Tourist Combo Morning: Breakfast at The Broken Yolk Café . A favorite amongst Vegas Locals with multiple locations throughout the valley! They serve up an amazing breakfast with unique drinks. Afternoon: Choose between hiking the Historic Railroad Trail (Lake Mead views!) or exploring the stunning Red Rock Canyon . You can hike Red Rock, or drive through and enjoy the scenery. Evening: Step into old-school Vegas with dinner at Capo’s Restaurant & Speakeasy . Night: Ride the High Roller observation wheel for breathtaking views, then grab a frosty cocktail at Minus5 Ice Bar to cap off your trip. Local Pro Tips Do not swim in the Beach Club pools — just trust us on this one. Avoid ATM fees in casinos by bringing cash ahead of time. Characters on the Strip aren’t free — they’ll ask for tips after photos. Don’t limit yourself to the Strip — Vegas has amazing off-Strip attractions. Escape rooms here are great! Try Escapology at Town Square or PanIQ Room at The Venetian. Bring comfortable walking shoes — distances on the Strip are deceiving. October is the best month for weather. Additional Show Recommendations: A Vegas Golden Knights Game A Raider’s Game ANYTHING at the Sphere (Postcards from Earth, The Backstreet Boys, Eagles, etc.) The Atomic Saloon Show inside the Venetian RuPaul’s Drag Race LIVE! At The Flamingo Las Vegas Exhibits/Museums to check out: The Bodies Exhibit The Titanic Exhibit The Neon Museum Madame Tussauds Mob Museum This 4-day plan mixes the best of the Strip with local treasures, so you’ll leave Vegas feeling like you’ve truly experienced it — not just skimmed the surface.
August 12, 2025
Ah, Las Vegas. The land of neon lights, endless buffets, and Elvis impersonators. You’ve just arrived, ready to strut down the Strip like a movie star. “We’ll just walk everywhere!” you say confidently. Let’s get one thing straight: Las Vegas is not a walkable city. It pretends to be. The hotels look close together on the map, but in reality? That “quick 5-minute walk” from your hotel to the next casino is actually a 30-minute expedition involving escalators, pedestrian bridges, confusing hotel lobbies, and at least one wrong turn through a souvenir shop. And don’t even get us started on the heat. If you're visiting anytime between May and...well, October, you’re basically walking on the surface of the sun. There's no shade, your flip-flops will melt to the sidewalk, and you’ll start questioning every life decision that led you to this moment. This city is designed for cars, not your poor aching feet.  Pro tips: - Use the monorail (yes, it exists!) - Embrace the rideshare life - Don’t trust "just a block away"—Vegas blocks are a lie. Sure, Las Vegas is magical—but it’s best explored with a good plan, some wheels, and the understanding that walking everywhere might just walk you straight into heat exhaustion.
August 4, 2025
Tucked away in the heart of downtown Las Vegas, The Writer’s Block is more than just a bookstore, a creative refuge in a city better known for neon lights and roulette wheels. Since opening its doors in 2014, this independent shop has built a reputation as a literary hub for locals and visitors alike. Located at 519 S. 6th Street in the artsy Fremont East district, The Writer’s Block blends the charm of a classic indie bookstore with a splash of Vegas flair. Inside, you’ll find an eclectic mix of new books spanning every genre, an espresso bar for your reading fuel, and perhaps most charming of all—a whimsical artificial bird sanctuary that hovers overhead. But The Writer’s Block isn’t just about browsing books. It's also a community builder. The shop regularly hosts readings, writing workshops, and book clubs, offering something for readers and writers of all ages. Housed within The Lucy—a nonprofit arts and culture center funded by the Rogers Foundation—the bookstore doubles as a place where creative minds can gather, collaborate, and grow. Whether you're picking up your next great read, sipping a latte while drafting a screenplay, or just popping in to say hi to the resident rabbit (yes, there’s a rabbit too), The Writer’s Block is a welcome literary escape in the middle of the desert. In a city full of distractions, it’s a reminder that quiet, thoughtful spaces still exist—and they matter.