Any property managers or apartment managers?

[taylor]

I recently got a 2nd job managing a 20 unit apartment complex. I get free rent but there's a lot more work involved than I originally anticipated. The work is bearable and I like the fact that it doesn't interfere too much with my full time job, but am I getting underpaid? Any input would be greatly appreciated. Thanks!

[aircav]

20 units? yes, you are priced below the market. Im not a fan of these of arrangements as an owner or as a pm. That many units is a solid part time position, I would expect 20-25 hours a week on average for pm work. Maintenance I would expect to be full time on that many units (less if they are newer of course).

Nate

[bawhitsett]

Given that you're in LA and the rent there is probably astronomical if the work is on par with a PT job I'd consider it to be a decent deal. If rent runs, say, $1500 / month, and you're putting in 20 hours / week, that'd put compensation at $18.75 an hour. Don't know what you do as part of the job but the apartment managers at my old complex sat around surfing the web all day while letting calls go to voicemail.

[taylor]

Yeah, it only saves me 1k per month, old apartment. Now that I've been at it for a few months, it's a piece of cake...although I would never let the landlord know that. Actually, this job would be harder to replace than my full time job. As a matter of fact, I just replaced my full time job with another higher paying job working for a Fortune 100 company which I start at the end of the month. I feel like my hard work has been paying off the last few months.

[bawhitsett]

That's awesome to hear, especially in the job market many are facing in your neck of the woods. Congrats.