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Regional Portfolio Manager (REF8675L)

Company Description

Multifamily Property Management

Job Description

The Regional Portfolio Manager is the individual directly responsible for managing a group of assets as assigned by FPI Management. This individual is responsible for enforcing all FPI Management policies, procedures and internal operations. The Regional Portfolio Manager will be accountable for all operations of the assets in their inventory. Their job is to meet the expectations of each Client based on the respective operating budget and management agreement.

• Property Name: BBCA - Corp
• BBCA, Folsom, CA, United States
• Full-Time
• Unit Count: 1
• Job Location: Remote.  Candidates must be located locally in the Folsom, CA metro area.

Pay: $100,000 - $110,000 / Year

DUTIES AND RESPONSIBILITIE'S

1.Prepare annual operating budgets for submission to Clients and Properties.

2.Monitor project budgets and marketing to maintain an awareness of the current financial status of each asset. Alert the FPI Management Executive Committee of any recommended changes.

3.Complete the monthly/quarterly Property Manager Checklist and submit on-time.

4. Make rent and concession recommendations based on market conditions and availability.

5. Verify that each property is adequately maintaining appropriate and required forms, leases, documents, resident certifications, invoices, and all other necessary forms, posters, and signs required by the Client, the Lender, and FPI Management.

6. Assure that all units are maintained to FPI standards, including turn-over's, exterior curb appeal, decorating recommendations, and cleanliness.

7. Review vacancies, availability dates, and turn-over rates.

8. Review monthly operating statements, budget and variance reports, check registers as necessary, delinquency reports, and other financial reports as provided by FPI Management to ensure budgetary control.

9. Monitor service requests for completion, timeliness, and resident satisfaction.

10. Maintain a professional appearance at all times in the presence of Employees, Clients and Residents.

11. Provide training and positive guidance to all employees to ensure maximum productivity.

12. Personally respond to Resident, Client, and Vendor calls, emails, and text messages within 24 hours of receipt during the work week.

13. Responsible for participating in recruiting activities and make sound hiring decisions for all on-site position openings.

14. Responsible for meeting all training requirements for the PM position and ensuring site employees have met the training requirements for their position.

15. Evaluate the performance of each on-site personnel on an on-going basis. Ensure all employee communication and counseling is properly documented and provided to the Human Resource Department.

16. Ensure CD Annual Reviews are completed, as well as Community Directors are completing reviews for each of their staff.

17. Portfolio Managers are responsible for ensuring their Sites and Community Directors are in compliance with all FPI Safety Policies and Procedures.

18. Maintain positive, professional and effective communication with Clients and Supervisors to ensure FPI is meeting the Client objectives and expectations.

 Other

  • Consistently and fairly enforce community rules and regulations, FPI Standard Operating Procedures.
  • Comply with all Fair Housing Laws and FPI policies and procedures.
  • Promote a professional image by adhering to FPI Management's Dress Code Policy.
  • Conduct displayed must be of a professional manner when communicating with employees, residents, prospective residents, clients, vendors, and guests while representing FPI Management.
  • Responsible for meeting all training requirements for the position (Grace Hill, Safety Meetings, etc.).

Perform any and all functions as directed by the supervisor, including special project assistance.

Qualifications

Minimum Requirements:

  • Minimum 2 years' experience in a similar leadership role, within a Property Management environment.
  • High School diploma or equivalency certificate required. College degree in a relatable field preferred, or equivalent combination of education and work experience in the field of property management.
  • Certification or designation from an accredited organization, preferred (ARM, CAM, CAPS, COS, CPM, MPM, RMP, etc.).
  • Valid Real Estate Salesperson License (requirement varies by state).
  • Valid Driver's License, a good driving record, current motor vehicle insurance which meets State requirements, and an operable vehicle that meets FPI's Driving Standards and Personal Vehicle Use policy.
  • Must be proficient in speaking, reading, and writing in English.


Skills Required:

  • Yardi
  • Weblisters
  • Site Pro
  • RealPage
  • Onesite
  • On-Site
  • Knock
  • G-Suite (Google)
  • Entrada
  • Adobe Acrobat
  • Craigslist
  • Microsoft Word
  • Microsoft ExceI
  • Google Mail (GMail)
  • Google Drive
  • Internet Use
  • Basic Computer Skills
  • Management
  • Customer Service

Additional Information

ESSENTIAL ATTRIBUTES

  • Embracing and exemplifying our HEART core values and incorporating them into every task performed and every interaction with clients, supervisors, team members, colleagues, residents, vendors, etc.
  • Positive influencing, interpersonal, and communication skills are essential.

Why look at FPI for your next career step? We are one of the largest third-party 100% fee-managed Property Management companies in the nation, an industry leader in both the Conventional and Affordable Housing spaces, managing over 850 communities (~150,000 units) across the country, and employing ~3,500 team members. We offer comprehensive compensation and benefits packages (employee-only employer-paid plan available), ongoing training, and plenty of opportunities to grow your career. Come join Team FPI!

EEO/EVerify Statements

FPI Management is an Equal Opportunity Employer. All qualified applicants are encouraged to apply. FPI Management participates in the E-Verify program.

Average salary estimate

$105000 / YEARLY (est.)
min
max
$100000K
$110000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Regional Portfolio Manager (REF8675L), FPI Management, Inc.

At FPI Management, we're on the hunt for a talented Regional Portfolio Manager to join our dynamic team in Folsom, CA. This full-time role offers the chance to manage a group of residential assets with accountability for all operations, ensuring we meet our clients' expectations according to their budget and management agreements. You'll have a hand in preparing annual operating budgets, monitoring project finances, and making insightful recommendations based on market conditions. It's all about keeping each property in top shape while providing training and positive guidance to on-site staff. As the face of FPI, you'll communicate professionally with residents, clients, and vendors, responding to inquiries swiftly and ensuring compliance with all FPI policies and fair housing laws. We’re looking for someone with at least 2 years of leadership experience in property management, a relevant certification, and proficiency in property management software like Yardi and RealPage. If you're ready to grow your career in one of the largest property management companies in the nation, come be a part of FPI Management, where our HEART core values drive everything we do!

Frequently Asked Questions (FAQs) for Regional Portfolio Manager (REF8675L) Role at FPI Management, Inc.
What responsibilities can I expect as a Regional Portfolio Manager at FPI Management?

As a Regional Portfolio Manager at FPI Management, you'll oversee a group of residential assets, ensuring that all operations align with company policies and client expectations. Your responsibilities will include preparing annual operating budgets, monitoring financial statements, making rent recommendations, maintaining property standards, and leading your team to maximize productivity.

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What qualifications do I need to apply for the Regional Portfolio Manager position at FPI Management?

To apply for the Regional Portfolio Manager role at FPI Management, you'll need a minimum of 2 years of experience in a similar leadership position within property management. A high school diploma is required, while a college degree or certification from an accredited organization is preferred. Additionally, you'll need a valid Real Estate Salesperson License and computer proficiency in various property management software.

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How does FPI Management support the career growth of a Regional Portfolio Manager?

At FPI Management, we believe in fostering growth and development for our team members. As a Regional Portfolio Manager, you can expect comprehensive training opportunities, ongoing professional development, and a chance to work with a large portfolio of properties, all of which equip you with the skills and experience needed for advancement in your career.

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What is the expected salary range for the Regional Portfolio Manager at FPI Management?

The salary for the Regional Portfolio Manager position at FPI Management typically ranges from $100,000 to $110,000 per year. This competitive compensation reflects the importance of the role and the experience required to fulfill the responsibilities effectively.

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Can remote work options be considered for the Regional Portfolio Manager at FPI Management?

Yes, the Regional Portfolio Manager role at FPI Management is remote, but candidates must reside in the local Folsom, CA metro area to ensure effectiveness in managing the properties and teams within the region.

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Common Interview Questions for Regional Portfolio Manager (REF8675L)
What strategies do you use to manage multiple properties effectively?

To manage multiple properties effectively, I prioritize clear communication and organization. Utilizing property management software allows me to keep track of budgets and timelines, while regular check-ins with team members help ensure everyone is aligned with our goals.

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How do you handle conflicts among team members?

Conflicts among team members should be addressed promptly and professionally. I encourage open dialogue and mediation, helping to facilitate a resolution that respects all parties involved while maintaining a cooperative work environment.

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Can you describe your experience with budget management?

My experience with budget management includes preparing annual plans, tracking expenditures, and analyzing financial reports to ensure we remain within our fiscal limits. I also proactively suggest changes to budgets as market conditions evolve.

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What does excellent customer service look like in property management?

Excellent customer service in property management entails being responsive, attentive, and empathetic to residents' needs. It's about creating a positive living environment and ensuring that all concerns are addressed promptly and professionally.

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How do you ensure compliance with Fair Housing laws?

Ensuring compliance with Fair Housing laws starts with thorough training for all staff members. I also regularly review our practices to ensure they align with legal standards and implement any necessary changes to maintain compliance.

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How do you monitor property performance?

I monitor property performance by analyzing monthly operating statements, reviewing occupancy rates, and maintaining communication with property managers. I also keep an eye on market trends to identify areas for improvement.

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What role does team training play in successful property management?

Team training is crucial in property management as it ensures staff members are knowledgeable and equipped to handle their responsibilities. Regular training sessions create consistency in service quality and enhance team cohesion.

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How do you stay updated on property management best practices?

I stay updated on property management best practices through continuous education, attending industry conferences, subscribing to relevant publications, and being active in professional networks. This helps me bring innovative ideas to my role.

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What is your approach to resident retention?

My approach to resident retention involves creating a welcoming community, addressing concerns promptly, and consistently engaging residents through events and communications. Happy residents are more likely to renew their leases and refer others.

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How do you set performance metrics for your team?

I set performance metrics for my team based on clear, achievable goals aligned with our property management objectives. These metrics are regularly reviewed and adjusted as needed to promote accountability and continuous improvement.

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FPI Management is a real estate firm that provides property management services, marketing services, lease-up, and on-going operation of newly constructed apartment communities. It was founded in 1968 and is based in Folsom, California.

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Full-time, remote
DATE POSTED
March 25, 2025

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