Property Portfolio Manager

Damavandi Capital, previously known as Dylan Investment Properties, is a Los Angeles-based family-operated real estate investment firm specializing in the acquisition, restoration, and repositioning of distressed commercial and residential properties throughout the United States. For over 25 years, the company has focused on creating value for investors, revitalizing communities, and driving local economic growth. With a commitment to uncovering opportunities where price and value are mismatched, Damavandi Capital delivers meaningful returns for stakeholders while fostering neighborhood development.

Role Description

We are seeking a full-time Property Manager to join our team in Los Angeles, CA. The Property Manager will oversee the day-to-day operations of our real estate portfolio, ensuring properties are well-maintained, tenants' needs are addressed, and financial processes run smoothly. Responsibilities include coordinating repairs and maintenance, managing tenant relationships, enforcing lease agreements, collecting rent, developing budgets, and collaborating with vendors, contractors, and team members to optimize property value and profitability.

Primary Responsibilities Primary POC (Point of Contact) to oversee day-to-day operations and upkeep of the properties, to include answering tenant calls, scheduling and interacting with vendors, coordination of maintenance and repairs, vendor contract negotiations, tenant notifications, collections, financial reporting and problem solving. Create and manage annual budgets. Complete monthly financial variance reporting. Complete and process annual tenant CAM reconciliations. Manage and pursue Accounts Receivable. Oversee evictions and related legal matters. Work on property tax appeals, which may include attending appeal hearings off site. Travel to properties and businesses owned by the company, or for work related thereto. Conduct walk-throughs with tenants at move-in or move-out. Maintain strong tenant relations and be responsive and effective with tenant requests. Administer tenant leases to include maintaining an audit-proof digital file for every tenant. This includes, but is not limited to, making sure rent increases are timely and accurate, appropriate fees are charged according to the lease (e.g. – late fees, monument signage fees, and other penalties), necessary insurance certificates are updated annually and on file, we have complete lease files to include any and all amendments, assignments, notifications, requests, and any other related info. Help create systems to improve company organization. Be responsive to bank requests. Assist in due diligence for loan applications or acquisitions. Negotiate and draft new leases, renewals, amendments, and related. Strong knowledge of finance, building management, systems, and operations (YARDI and excel software experience required). Be available after-hours with access to email and texts. Any other duties that are commonly affiliated with commercial property management. Skills Solution–oriented, team attitude. Trustworthy and reliable. Excellent oral and written communication skills. Get along well with others, a team player. Ability to be resourceful and a strong critical thinker. Work independently and have self-motivation and pride in completed work. Follow-through and complete duties. Valid driver’s license and current auto insurance. Legally authorized to work in the United States. Willingness to do some travel for work. Strong computer and general technology skills. Knowledge and understanding of accounts receivable, financial reporting, budgets, and general accounting. Comfort with the flexibility and variety that sometimes accompanies an entrepreneurial environment. Salary

$90K-$120K with profit sharing opportunity

Additional Job Application Terms

This job is part of LinkedIn’s Full-Service Hiring beta program. Eligibility is limited to candidates located in and performing services in the United States, excluding those based in Alaska, Hawaii, Nevada, South Carolina, or West Virginia.

We’re committed to making our hiring process as smooth and timely as possible, and we understand that waiting to hear back can add to the anticipation. If you’re a potential fit, our team will reach out within two weeks to progress you to the next stage. If you don’t hear from us in that time, we encourage you to explore other opportunities with our team in the future, and we wish you the very best in your job search.

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