Founding Residential Property Manager

Alder•San Francisco, CA

11d

About The Position

Alder is hiring its first residential property manager to own a portfolio of Bay Area rentals, including single-family homes, condos, and small multifamily buildings, while helping build the business. The company’s software handles administrative work such as scheduling, follow-ups, bid collection, invoices, owner statements, and records, allowing the property manager to focus on decision-making, relationships, and service. The role includes revenue sharing based on the doors managed and meaningful early-stage equity. The founding property manager will help shape Alder’s operating playbooks, service standards, software, and future property management team.

Requirements

Typically 3+ years managing a residential portfolio in the Bay Area, with owners willing to vouch for the candidate.
Interest in building an independent book of business and tying income to results.
Builder’s mindset and interest in helping build a property management company.
Sound judgment, including the ability to weigh cost against risk and clearly explain recommendations.
A strong sense of ownership and ability to address property issues proactively.
Working knowledge of California landlord-tenant law, fair housing, AB 1482, and local rent and just-cause ordinances, including those in San Francisco and Oakland.
Comfort with new tools and willingness to help shape the software used in the role.
A car and ability to visit properties across the Bay Area.

Nice To Haves

IREM CPM or ARM designation, NARPM RMP or MPM designation, or a California real estate license.
Existing owner relationships.
Small multifamily experience.
A second language spoken by residents in the area.

Responsibilities

Manage a portfolio of owners and residents across leasing, renewals, rent collection, maintenance, move-ins, and move-outs.
Coordinate turnovers, including make-ready work, pricing, marketing, showings, applicant screening, and lease signing.
Provide owners with clear recommendations on matters such as repair bids, rent increases, and renewals.
Ensure vendors meet standards for price, quality, and response time.
Grow the portfolio by meeting prospective owners, developing agent referrals, and winning owners dissatisfied with their current manager.
Handle difficult situations, including habitability issues, late rent, and challenging move-outs, in accordance with California and local law.
Develop playbooks and service standards, and help hire and train future property managers.
Give engineers feedback on software shortcomings and test new AI workflows on the manager’s portfolio before broader rollout.