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The differences between real estate investors and resident 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 resident manager. Additionally, a real estate investor has an average salary of $81,345, which is higher than the $50,811 average annual salary of a resident 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 resident manager are resident care, CPR, and medication administration.
| Real Estate Investor | Resident Manager | |
| Yearly salary | $81,345 | $50,811 |
| Hourly rate | $39.11 | $24.43 |
| Growth rate | 3% | 3% |
| Number of jobs | 18,761 | 17,468 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 48% |
| 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.
A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.
Real estate investors and resident managers have different pay scales, as shown below.
| Real Estate Investor | Resident Manager | |
| Average salary | $81,345 | $50,811 |
| Salary range | Between $53,000 And $124,000 | Between $31,000 And $82,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Westinghouse Appliances Australia |
| Best paying industry | - | Internet |
There are a few differences between a real estate investor and a resident manager in terms of educational background:
| Real Estate Investor | Resident Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 48% |
| 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 resident managers' demographics:
| Real Estate Investor | Resident Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 68.4% Female, 31.6% | Male, 39.6% Female, 60.4% |
| 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, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |