With the growth of remote work over the past few years, entry level property management careers now have more remote opportunities than ever before. Property management is an attractive industry for those looking to get their start in real estate or investments, as it can provide transferable skills and valuable experience. Positions like leasing agent, assistant property manager, and accountant all provide exposure to core aspects of running an investment property while allowing employees to work from home. This article will explore the key remote entry level jobs in property management, required qualifications, salary ranges, and long term career growth potential.
Leasing agent roles provide baseline skills in tenant relations
The leasing agent is typically the first point of contact for prospective tenants inquiring about vacancies. Key responsibilities include providing information on available units, amenities, rental rates, and application processes. Strong communication and customer service skills are paramount. Most openings require a high school diploma and 0-2 years of administrative experience. While compensation varies by market, the average starting salary for a remote leasing agent role is approximately $35,000 per year. After gaining some initial experience, skilled agents may transition into an assistant property manager position overseeing multiple properties.
Assistant property managers learn operations of an investment property
Assistant property managers provide support to the lead onsite manager in overseeing daily activities of a property. This includes enforcing occupancy policies, processing maintenance requests, collecting rent, preparing units for new tenants, and supporting with leasing efforts. Most assistant manager openings require 1-3 years of relevant experience and some property management software knowledge. Starting compensation averages $40,000 per year for remote roles. After 3-5 years in the position, candidates can qualify for a lead onsite manager role with average salaries over $60,000.
Accountants and bookkeepers key for financial management
While not as tenant-facing as leasing and assistant property management roles, accountants and bookkeepers play a mission critical support function. Responsibilities include collecting and recording rent payments, producing financial statements, processing invoices, and supporting annual budget planning. Background in accounting or finance and familiarity with relevant software is generally required. Average starting compensation is approximately $45,000/year for remote openings. Candidates can progress to senior managerial roles in accounting, finance or operations with 5+ years of property management accounting experience.
Long term advancement and income potential
While starting salaries may seem modest compared to other real estate careers like commercial brokerage, property management provides clearer advancement opportunities and better work life balance. High performing onsite managers make over 6 figures in medium to high cost markets. Upper level corporate management roles like VP of operations can earn $250-300k per year. Transitioning into a portfolio manager or acquisitions role also provides long term multimillion dollar income upside.
In summary, property management offers accessible entry level remote opportunities in real estate for leasing agents, assistant managers, and accountants. Required qualifications are reasonable for those entering the working world, and on the job experience provides skills transferable to other operational real estate investments. Compensation grows substantially with experience, and well paid senior managerial roles are readily attainable for top performers.