July 11th, 2009 by Philip Gregory

“How much does a property manager make per year,” is the first question that many people ask when searching for property management jobs. In a touch economy this information is very valuable when searching for this type career.

The truth of the matter is that there are a couple different payscales for property managers which we would like to discuss to help you know the potential money to be made being in a property management job.

$42,000 dollars is the base starting salary pay but can go up to $75,000 per year once you have enough experience under your belt and have been in the industry a while.

Commission structres are the next way that a property manager could be paid. There are usually two different types of commission payscales. The first is a variable commission structure which means you get paid on new renters but you will earn residual on existing contracts. Straight commisison works differently as it does not allow you to earn the residual income and has alot of compliance issues with FSLA and HOA guidelines.

The hybrid model is a combination of commission and salary payscales. You make make some serious money on this payscale as base starting salary is about $30,000 but you make 15% commission on all revenue the property management company makes. If you are a good salesman or are a master of marketing techniques you could mae some serious money.

As you can see property management jobs can offer great pay and salary. Make sure you do your research and familiarize yourself with HOA guidelines and rules to help you in your seeking of propery manager employment.

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May 5th, 2009 by Bartt Iccles

How does one become a strategic thinker? There is no definite process in molding strategic thinkers but over the years, experts have identified qualities that define a strategic thinker.

Strategic thinkers have visions. They do well in coming up with strategic purposes and developing visioning processes. One can say that strategic thinkers are sharp visionaries. Strategic thinkers are also lifelong learners. They use their experiences to better understand and evaluate strategic issues. They always try to continuously improve in everything that they do.

Strategic thinkers know how to manage their time efficiently and effectively. They give importance to time and they can be thought of as strategic time management masters apart from being visionaries. Strategic thinkers have high levels of awareness when it comes to the things, opportunities, and changes that occur around them. They are also open to absorbing as much information as they can. They are receptive even to the subtlest internal and external clues which they can use as guides to the direction that they might take in the future. These clues also help them detect concealed opportunities. Strategic thinkers, being masters of time management, take in all these information and give time to evaluating them so they can plan for next steps, and work on issues and challenges that might lie ahead.

Strategic thinkers are patient. They understand that strategic thinking is about long term plans and goals, and not about today, tomorrow, the day after, or next week. They also have clearly identified goals that are subject to frequent evaluation. It is important that strategic thinkers review their plans and objectives regularly to check if they are in-line with the overall strategy of the business. Reviews and evaluations also enable them to foresee twists that might keep them from achieving their goals.

Strategic thinkers are open-minded. They do not place limits on themselves by frequently giving opinions on their thinking while they come up with ideas. They keep their minds open and they make assessments of the details after they have carried out such plans. In being open-minded, it is important to note that strategic thinkers are also realistic. They have pragmatic approaches in generating ideas and they are honest about the things that they deem feasible in the longer term. Being open-minded and realistic at the same time help ensure and facilitate higher probabilities of delivering success. It is often said that strategic thinkers give few promises but deliver lots of results.

Strategic thinkers are able to recognize the fact that they are not all-knowing. They humbly seek advice and perspective from others. They work with others to have a grasp of what they think and how they think.

Of course, strategic thinkers are not robots. They know that they have to take time out for themselves occasionally. The competitive world can burn them out, so it is important that strategic thinkers get some time off to relax so they can bounce back and start thinking strategically again.

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