Turnaround Property Manager
Dallas Fort-Worth real estate development company. At any given time, they have about a half billion worth of developments in their pipeline, always working through their pipeline from concept to entitlements to construction to sale of constructed assets.
Job Description
Turnaround (Legacy Properties)
- Conduct physical property walks and audits to reconcile actual occupancy against rent rolls
- Manage and execute a high-volume eviction pipeline in coordination with legal counsel
- Identify and remove unauthorized occupants and restore unit control
- Rebuild accurate records and operational processes from the ground up
Lease-Up (New Construction, Class A)
- Execute and oversee aggressive lease-up strategies to hit stabilization targets as quickly as possible
- Manage the full leasing cycle: marketing coordination, showings, applicant screening, and lease execution
- Ensure properties are presented at a Class A standard - model units, common areas, curb appeal, and punch list follow-through with contractors
- Track absorption pace weekly and flag any obstacles to the Asset Management team for strategic adjustment
- Coordinate with ownership and the AM consultant on pricing strategy, concession deployment, and comp analysis
Portfolio-Wide
- Oversee all tenant-facing operations: leasing, renewals, notices, and collections
- Maintain AppFolio data integrity, including nightly reporting and KPI tracking
- Supervise on-site staff, vendors, and maintenance teams across all properties
- Travel regularly to Longview, TX (by car) and Lubbock, TX (by air) for property inspections and oversight
- Deliver monthly property condition and performance reports to leadership
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
The Successful Applicant
What You Bring
- 3-5+ years of direct property management experience with exposure to both distressed/turnaround environments and new construction lease-ups
- Proven track record managing eviction processes at volume
- Demonstrated success driving rapid lease-up and stabilization of Class A or new-build properties
- Deep proficiency in AppFolio (required)
- Strong understanding of leasing fundamentals: pricing, marketing, tenant screening, and closing
- Comfort operating independently across geographically dispersed properties
- Strong organizational skills and a bias toward accountability and documentation
- Valid driver's license and willingness to travel weekly
What's on Offer
- Competitive Base Salary
- Monthly Vehicle Allowance: Provided to cover routine travel between DFW and Longview; all mileage-related wear, fuel, and maintenance for work travel included
- Air Travel: Company-paid flights for all required trips.
- Stabilization Bonus: Performance-based bonus tied to achieving specific KPIs within the first 90 days (e.g., squatter removal, restored occupancy, record accuracy, and lease-up velocity targets)
- Standard benefits package