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This question is about what a landlord does, what a property manager does, and landlord.
Landlord vs. Property Manager
A landlord is a person that owns a rental property, while a property manager is someone who manages rental property.
A landlord is a person or corporate entity that owns a property and rents it out to tenants in return for rental payments. A landlord can rent to either residential or commercial tenants depending on zoning restrictions and the type of property. They may rent out apartments, houses, or other living units, to people or they may rent out commercial spaces to businesses.
A property manager manages rental property for a landlord or management company. Some of their responsibilities include setting and collecting rent, handling maintenance requests, filling vacant units, and setting the budget for the property. They also may manage property that real estate investors either do not live near or do not wish to personally manage.
Here are the key differences between a landlord and a property manager:
A landlord owns a residential or commercial property and rents it out to tenants and businesses
A property manager manages rental property for a landlord, management company, or a real estate investor
A landlord often hires a property manager
A property manager is subordinate to a landlord
A landlord makes decisions on the restoration and renovation of rental properties
A property manager may oversee the restoration or renovation of rental properties
A landlord typically has a more robust stream of income than a property manager because they are the owner of a property
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