What is a Portfolio Manager and how does it Benefit You?
A portfolio manager is an individual who develops and implements investment strategies for individuals or investors.
Portfolio managers may be called investment managers, wealth managers, asset managers or financial advisors, but a true portfolio manager position is focused on the analytical side of both investing and the sales aspect when that time comes.
Empire uses the Portfolio Manager business model with you, the property owner, in mind because when our owners are happy, we are happy.
Three Benefits of having a Portfolio Manager
Single Point of Contact with an Aligned InterestYour assigned Portfolio Manager will be your single point of contact. When you have questions, you will be contacting the person that is the most knowledgeable regarding your particular property/properties. They are paid a percentage of the homes they manage, so they don’t get paid if you don’t get paid.
No Departments to callYour assigned Portfolio Manager will be hands on with all aspects of your investment home. If and when something happens at your home or homes your manager will be involved in it and know all the details. They will provide email updates or periodic phone calls when needed.
Tenant Renewal FocusedThe Portfolio Manager will have to spend less time and effort renewing a lease versus finding a new tenant, so they are very renewal focused. Keeping quality tenants in your home is an advantage for both you and your Portfolio Manager.