What is Property Management?

Property Manager

What is Property Management?


For every investor, their rental properties can be a source of healthy passive income. Think about it: you buy a house, rent it out to a third party, and get passive income every month. That sounds like a sweet deal, right? Unfortunately, it’s not that simple for most people. No matter the size of the investment portfolio, managing a rental property takes time and commitment. You’ll have to stay on top of general maintenance issues, advertise the listing to potential tenants, and then stay in touch with them once they’ve moved in to ensure they’re happy.


For a person who has several rental properties and a full-time job, managing a rental property can seem borderline impossible; that’s where property management can help.


Understanding Property Management


Property management is overseeing and handling the business operations of a real estate property, which a third party often does. It can be done for both commercial and residential properties. There’s a lot that goes into managing a property successfully. When the tenants are happy, the stream of passive income stays healthy. Property management is essential for several real estate investors since they have several rental properties and can’t oversee each property simultaneously. That is why they hire property managers. When an investor decides to partner up with a property manager, the heavy lifting involved in property management is no longer their responsibility.


What Are Property Managers Responsible for?


A property manager offers a wide range of real estate services. These deal with the maintenance and care of several or a single rental property. On a broader scale, a property manager’s responsibility is to ensure the investor’s investment portfolio succeeds. On a daily basis, a property manager’s responsibilities may include:


  • Maintaining a positive relationship with clients and managing the eviction process when needed
  • Advertising listings to attract potential clients
  • Keeping a detailed record of the financial statements and preparing reports of income for the property owner
  • Enforcing and then administering lease agreements
  • Scheduling repairs and maintenance
  • Rent collection


At a glance, you can see how many tasks a property manager must have to juggle to ensure both parties (the landowner and the tenant) stay happy. Moreover, several property managers also use property management software that automates most of their work. With help from software, managing front office operations becomes a lot easier, and property managers can balance other operations more efficiently. This way, the investor can also choose their level of involvement with the process. If they prefer to stay in the loop, they can regularly communicate with their property manager. If they have their hands tied up with other commitments, they can rest easy knowing their property manager manages their investment efficiently.


The Benefits of Property Management


While you save a lot of time by working with property managers, time saved isn’t the only benefit of property management. There are several other reasons to hire a property manager:


  • Tenants usually prefer working with property managers rather than landlords since the process is usually smoother. As a result, this ultimately impacts the tenant’s view of the property. Renters who deal with a property manager usually end up leaving a good review of the property when they vacate it.
  • When an investor works with a stellar property management firm, they have access to a list of seasoned contractors. These contacts work in the landowner’s favor, and it helps them save on future maintenance costs on other properties. Moreover, contractors can come to the property owner with recommendations which are invaluable as well.
  • A property manager looks after rental properties for their living: it’s their job. This means they have an eye for a good tenant and consider several intricacies of the process that you can’t even think of.


A great property management company is worth its weight in gold. In the long run, property managers can help you save more than what they charge you. This is a win-win-win: happy tenants, content property managers, and a satisfied investor. 

5 Things to Do Before Moving Into Your New Home as a Renter

October 16, 2025
Moving into a new place is always exciting — but before you start unpacking boxes and planning your first cozy night in, there are a few important steps to make sure your move goes smoothly. These tasks not only help protect you as a renter, but also ensure your new home is set up exactly how you want it from day one. 1. Complete Your Property Condition Report Before you move anything in, take the time to carefully go through your new home and document its condition. Check for scratches, dents, stains, or anything that looks worn or damaged. Take photos and note details in your property condition report. This protects you later when it’s time to move out — you’ll have proof of what was there before you arrived. This report should be sent to your move in representative, but make sure to keep a copy for yourself as well! 2. Set Up Your Utilities and Services Don’t wait until move-in day to realize you don’t have utilities on in your name. Contact the utility providers (electricity, gas, water, sewer, trash, internet, etc.) a few days before you move to ensure everything is activated and transferred into your name. It’s also a good time to schedule services like cable or Wi-Fi installation so you’re not waiting days without connection. If you aren't sure what utility companies you need to call, ask your property manager before you are set to move in. 3. Review Your Lease and Rules One More Time Even if you already signed your lease, give it another look before moving in. Double-check details like rent due dates, late fees, parking rules, and maintenance responsibilities. Make sure you understand what’s expected — especially things like pet policies, noise rules, and how to request repairs. Knowing this now can help you avoid misunderstandings later. 4. Change or Set Up Your Mailing Address Update your address with USPS, your bank, subscriptions, and any services that regularly send you mail or packages. It’s a small step that prevents missed bills, lost deliveries, or delays in important correspondence. You can even set up mail forwarding through USPS to make the transition seamless. 5. Do a Deep Clean Before Unpacking Even if your new home looks spotless, it’s always worth doing a quick clean before you move your belongings in. Wipe down surfaces, clean cabinets, sanitize bathrooms, and vacuum floors. It’s much easier to get into every corner before furniture and boxes fill the space — and it’ll instantly make your new home feel fresher and truly yours. Final Tip: Take this time to also introduce yourself to your neighbors and your property manager. Building that connection early can make your rental experience smoother and more enjoyable.

Farmers Markets in Las Vegas!

October 7, 2025
Las Vegas might be known for its bright lights and endless buffets, but there’s another side to the city—one filled with fresh produce, artisan goods, and local charm. Whether you’re a foodie, a weekend wanderer, or just someone who loves supporting small businesses, the farmers markets around town are worth adding to your weekend plans. Downtown Summerlin Farmers Market is one of the most popular stops. Every Saturday, the Pavilion fills up with stalls offering colorful produce, homemade breads, and local honey. It’s a great way to kick off your weekend—especially if you follow it with brunch or shopping at the surrounding stores. Over in Henderson, The District at Green Valley Ranch hosts its own market on Thursdays. It’s a relaxed midweek option with a nice mix of fresh goods and handmade crafts. If you’re nearby, it’s the perfect excuse for a stroll under the trees and maybe a coffee from one of the local cafés.  A newer addition to the scene is The UnCommons Farmers Market , held every Sunday. This modern, walkable community brings together local growers and makers in a trendy setting that feels more like a neighborhood festival than a typical market. Think small-batch jams, fresh flowers, and a few friendly pups in tow. If you’re looking for variety, Fresh52 Farmers & Artisan Markets pop up all over the valley—from Skye Canyon and Southern Highlands to Floyd Lamb Park. Each location has its own local flavor, but all share the same goal: connecting locals with farm-fresh produce and handcrafted goods. For a more immersive experience, head to The Las Vegas Farm . Open every weekend, this working farm offers local produce, fresh eggs, and even the chance to meet a few friendly animals. It’s a family favorite and a reminder that Las Vegas is more than desert—it’s also a growing community of local producers. No matter where you go, here are a few quick tips: arrive early for the best selection, bring a reusable bag (and a little cash), and take a moment to chat with the vendors. Many are small family operations happy to share recipes, storage tips, and what’s coming into season next. Exploring farmers markets in Las Vegas is a refreshing reminder that community thrives here, even in the middle of the desert. Whether you’re picking up ingredients for dinner or simply soaking in the atmosphere, each market offers a little taste of local life—Vegas style.

Spooktacular Fun: Halloween Traditions and the Annual McKenna Boo Bash!

September 30, 2025
Halloween is a time for spooky fun, creative costumes, and sweet treats—a holiday that brings communities together in celebration of all things eerie and festive. From carving pumpkins and trick-or-treating to attending costume parties, Halloween traditions have evolved over centuries, blending folklore, community spirit, and a love for all things playful and mysterious. Here at McKenna Property Management, we’re excited to carry on the tradition in our own way with our Annual McKenna Boo Bash ! This year, we’re inviting everyone to join us at our office on October 31st from 1:00 PM to 4:30 PM for a fun-filled celebration. Here’s what you can expect at the Boo Bash: Costumes Galore: Our team will be decked out in creative costumes, and we encourage visitors to come dressed up too! However, it is not required! Prizes for Everyone: This year, we will be awarding prizes to add an extra layer of excitement. Spooktacular Office Decor: Our offices will be transformed into a Halloween wonderland, full of festive decorations and surprises. Candy for All: No Halloween event is complete without treats—come grab some candy and enjoy the sweet side of the season. Halloween is all about community, creativity, and a little bit of magic, and the McKenna Boo Bash is our way of celebrating the season with our neighbors, clients, residents, and friends. Whether you’re stopping by to show off your costume, enjoy some candy, or just soak in the festive atmosphere, we can’t wait to see you! Mark your calendars for October 31st from 1:00 PM to 4:30 PM , and join us for a fun, safe, and memorable Halloween right here at McKenna Property Management—where the spirit of the season comes alive!