Trending Content - Real Estate Forum
Career Resources
WSO Free Modeling Series - Now Open Through
July 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
100 units? That's pretty small. We comp our property managers at ~$80k base plus a free unit plus leasing/occupancy incentives. All in comp is probably around $120k-$130k once you factor in the free housing/bonuses. Can be higher on bigger properties.
Edit: these are class A institutional buildings in LA/West Coast
Damn that seems high, but I guess you gotta pay on the West Coast
Not many of our buildings are that small. On class B/smaller buildings my guess would be that all in comp is closer to $100k all-in. But yeah, some property managers make a lot more than that, especially if they're a lease-up manager vs. a stabilized building.
Can confirm with above poster. 80base plus some bonus (10-25%) is pretty normal for property managers for class A assets. Might track little lower for 100 units (quite small for Institutional multifamily standard). Class B/C don’t pay as much. Lease up managers get more (sometimes significantly more) as they move around cities to cities for newly developed deals and get more for new lease bonus.
Damn, I always thought property managers earned somewhere around $50-$70k (Canada).
You're dealing with the operations of a $50M+ asset, you want somebody competent.
Yeah that makes sense now that you put it that way. If it was like a small portfolio of 20 unit walk up apartment built in the 60s, 50-70k might make sense in that scenario.
A pariatur reprehenderit et omnis voluptatibus porro distinctio atque. Aut beatae aliquid sit et. Perspiciatis porro sit saepe quia sint maiores quisquam autem. Ab voluptas omnis aut officiis omnis. Incidunt repellendus architecto ut atque.
Voluptatem ab earum labore nobis error aut sunt. Dolores est et autem numquam voluptatem. Dicta voluptatibus animi et occaecati vel exercitationem.
Consectetur quam maiores distinctio aliquid accusamus inventore maxime. Suscipit dignissimos est nobis commodi maxime molestias. Et repellat quas rem tenetur delectus veritatis saepe. Possimus voluptates rerum illum et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...