Michael Ruge

Dubai, UAE

Benefits of Being a Property Manager

Benefits of Being a Property Manager

Purchase agreement for house

According to the best property management company in Dubai, the land and property is the sole thing that will always have a price hike. Even an expensive commodity like gold and platinum that are said to be very expensive, even they have their dull days, in terms of tumbling price. It is confirmed that if you get a land for 1000 dollars and leave it for a year or two and do nothing with it, the price of the same land will be double or may be triple. If you have some money with you and you want it to invest in a secure place then invest in real estate.

People who have big homes even they take advantage of short term rentals in Dubai or you can say put some spare rooms for rent on Airbnb and platforms like that. There are different jobs in the market regarding real estate, you can become a real estate agent or you can become a property manager. This is the person who will take care of your properties and find good opportunities for you like give the property on rent or sell it in good price. If you want to become a property manager, then we suggest that you keep reading to know the benefits of being one.

Extra Income: if you already have a job and you want to start a side income then being a property manager is the best thing for you. You don’t have to leave your job to become one.

Good Salary: we asked around the best property managers and they said that a new property manager can make about 50k a year and a good one can twice of this amount.

Select Whom to Work With: you can either decide to work with simply homes and apartment owners or you can work in commercial sector. Working in commercial sector means that you will be working with big names in the world.

Commission and Salary: if you are hired by a single person on month to month salary basis and you sell or buy a land for your employer, then you will get commission from your employer and from the person who has bought or sold the property to you.

Tax Deductions: since you will be taking most of the commission by hand, there will be tax deduction on the salary slips.