Portfolio Manager

MARKETPLACE MANAGEMENT LLC•Southfield, MI
•$60,000 - $75,000•Hybrid

About The Position

As a Portfolio Manager at Marketplace Homes, you will oversee clients’ single-family rental (SFR) investment portfolios, support strategic decision-making, and help maximize return on investment. The role involves monitoring residential property performance, managing client relationships and expectations, and addressing tenant or property issues while ensuring compliance with applicable laws and regulations. You will also track property KPIs, recommend improvements, and prepare and present financial and performance reports to clients and other stakeholders. Marketplace Homes is a vertically integrated single-family investment platform that partners with investors to acquire, renovate, operate, and sell real estate nationwide. It manages thousands of properties and works with investors planning to own 25–500 homes, providing access to institutional-quality deals and tools. The position is hybrid, with an office in Southfield, Michigan. Employees are required to work in the office three days per week, currently Tuesday, Wednesday, and Friday.

Requirements

  • At least five years of related experience.
  • Strong supervisory and leadership skills.
  • Strong analytical and problem-solving skills.
  • Excellent organizational skills and attention to detail.
  • Excellent written and verbal communication skills.
  • Ability to communicate courteously with account holders.
  • Ability to work both independently and as part of a team.
  • Proficiency with Microsoft Office Suite or similar software.

Nice To Haves

  • An active real estate license is highly preferred.

Responsibilities

  • Report regularly to stakeholders on portfolio performance, including occupancy rates, rental income, and expenses.
  • Build and maintain strong client relationships, address client needs, and support client satisfaction.
  • Monitor residential property performance, including occupancy rates and maintenance issues.
  • Serve as the primary client contact, provide property-status updates, and address concerns.
  • Prepare and present financial reports, including income statements, expense reports, and budget forecasts.
  • Address and resolve tenant or property issues while ensuring compliance with relevant laws and regulations.
  • Track property KPIs and recommend performance improvements.
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