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The differences between real estate investors and property managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a real estate investor and a property manager. Additionally, a real estate investor has an average salary of $81,345, which is higher than the $49,958 average annual salary of a property manager.
The top three skills for a real estate investor include residential real estate, real estate license and general contractors. The most important skills for a property manager are customer service, property management, and financial reports.
| Real Estate Investor | Property Manager | |
| Yearly salary | $81,345 | $49,958 |
| Hourly rate | $39.11 | $24.02 |
| Growth rate | 3% | 3% |
| Number of jobs | 18,761 | 15,402 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 50% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Also called real estate entrepreneurs, real estate investors are professionals who invest in real estate. Real estate investors purchase a property, make some improvements or repairs. They then sell the property for profit. It is their responsibility to assess the real estate market and properties already bought to build wealth. They need to develop skills in communication, marketing, investment, and customer service. Also, they should have a significant level of knowledge about the real estate business.
Property managers are responsible for overseeing the real estate properties of their clients. They manage property rentals and leasing and ensure that the terms on these rentals are by what the owner is amenable to. Property managers act as the representative of their client during negotiations and deals. They also set rental prices and other finance-related items since they are familiar with how the market looks. Besides dealing with financial matters, they also manage administrative matters such as enforcing rules and policies, crafting reports, managing contractors, and drafting related documents.
Real estate investors and property managers have different pay scales, as shown below.
| Real Estate Investor | Property Manager | |
| Average salary | $81,345 | $49,958 |
| Salary range | Between $53,000 And $124,000 | Between $34,000 And $72,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New Jersey |
| Best paying company | - | Nokia |
| Best paying industry | - | Professional |
There are a few differences between a real estate investor and a property manager in terms of educational background:
| Real Estate Investor | Property Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 50% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between real estate investors' and property managers' demographics:
| Real Estate Investor | Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 68.4% Female, 31.6% | Male, 38.1% Female, 61.9% |
| Race ratio | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.8% American Indian and Alaska Native, 0.6% | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |