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Career and Education Opportunities for Property Managers in Louisville, Kentucky

Louisville, Kentucky provides a wide variety of opportunities, both career and educational, for property managers. Currently, 3,700 people work as property managers in Kentucky. This is expected to grow 17% to about 4,310 people by 2016. This is better than the nation as a whole, where employment opportunities for property managers are expected to grow by about 8.4%. Property managers generally plan, direct, or coordinate selling, buying, or governance activities of commercial, industrial, or residential real estate properties.

Income for property managers is about $17 per hour or $35,910 yearly on average in Kentucky. Nationally, their income is about $22 hourly or $46,130 annually. Property managers earn less than people working in the category of Specialized Management generally in Kentucky and less than people in the Specialized Management category nationally. People working as property managers can fill a number of jobs, such as: freeholder, leasing property manager, and homeowner association manager.

The Louisville area is home to thirty schools of higher education, including one within twenty-five miles of Louisville where you can get a degree as a property manager. Given that the most common education level for property managers is a post-secondary certificate, you can expect to spend a short time studying to be a property manager if you already have a high school diploma.


Property Manager video from the State of New Jersey Dept. of Labor and Workforce Development

In general, property managers plan, direct, or coordinate selling, buying, or governance activities of commercial, industrial, or residential real estate properties.

Property managers negotiate short- and long-term loans to finance construction and ownership of structures. They also investigate complaints, disturbances and violations and resolve problems following management rules and regulations. Equally important, property managers have to direct and schedule the efforts of staff and contract personnel and evaluate their performance. They are often called upon to inspect grounds and equipment routinely to establish necessity of repairs or maintenance. They are expected to solicit and analyze bids from contractors for repairs and maintenance. Finally, property managers purchase building and maintenance supplies, equipment, or furniture.

Every day, property managers are expected to be able to articulate ideas and problems. They need to listen to and understand others in meetings. It is also important that they read and understand documents and reports.

It is important for property managers to inspect rents to insure that they are in line with rental markets. They are often called upon to ready and administer contracts for provision of property services such as cleaning and security services. They also negotiate with government leaders, businesses, special interest representatives, and utility companies to get support for new projects and to remove potential obstacles. They are sometimes expected to maintain contact with insurance carriers, fire and police departments, and other agencies to insure protection and adherence to codes and regulations. Somewhat less frequently, property managers are also expected to oversee and oversee operations, maintenance and improvement of commercial or residential properties.

Property managers sometimes are asked to talk with legal authorities to insure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations. They also have to be able to purchase building and maintenance supplies, equipment, or furniture And finally, they sometimes have to negotiate the sale or development of property and complete or review appropriate documents and forms.

Like many other jobs, property managers must have exceptional integrity and be reliable.

Similar jobs with educational opportunities in Louisville include:

  • Construction Foreman. Plan, direct, or budget, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, and implementation.
  • Legislator. Develop laws and statutes at the Federal, State, or local level.
  • Natural Resources Specialist. Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, and research and development in these fields.
  • Social Service Coordinator. Plan, organize, or coordinate the activities of a social service program or community outreach organization. Oversee the program or organization's budget and policies regarding participant involvement, program requirements, and benefits. Work may involve directing social workers, counselors, or probation officers.


Jefferson Community and Technical College - Louisville, KY

Jefferson Community and Technical College, 109 E Broadway, Louisville, KY 40202-2005. Jefferson Community and Technical College is a large college located in Louisville, Kentucky. It is a public school with primarily 2-year programs and has 15,560 students. Jefferson Community and Technical College has a less than one year and an associate's degree program in Real Estate which graduated twenty-five and two students respectively in 2008.


Certification in Engineering : Achieving the Certified Professional Landman designation is an important step in the professional development of landmen.

For more information, see the American Association of Professional Landmen website.

Manager of Quality/Organizational Excellence: The Certified Manager of Quality/Organizational Excellence is a professional who leads and champions process-improvement initiatives’ everywhere from small businesses to multinational corporations’ that can have regional or global focus in a variety of service and industrial settings.

For more information, see the American Society for Quality website.

Certified Manager: Certified Manager certification is valued for the credibility and recognition it brings to managers and the organizations for which they work.

For more information, see the Institute of Certified Professional Managers website.

Certified Professional of Occupancy: The Certified Professional of Occupancy (CPO) course is the only comprehensive program covering the entire HUD Handbook 4350.

For more information, see the National Affordable Housing Management Association website.

Fair Housing Compliance: The requirements set forth in the Fair Housing Act and Section 504 regulations are enormously complex and far-reaching.

For more information, see the National Affordable Housing Management Association website.

Specialist in Housing Credit Management: The Specialist in Housing Credit Management(SHCM) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (LIHTC) program.

For more information, see the National Affordable Housing Management Association website.

Certified Manager of Community Associations: The Certified Manager of Community Associations (CMCA) is the only national certification program designed exclusively for managers of homeowner and condominium associations and cooperatives.

For more information, see the National Board of Certification for Community Association Managers website.

Program Management Professional: Project Management Institute's newest credential is specifically developed to acknowledge the qualifications of the professional who leads the coordinated management of multiple projects and ensures the ultimate success of a program.

For more information, see the Project Management Institute website.

LOCATION INFORMATION: Louisville, Kentucky

Louisville, Kentucky
Louisville, Kentucky photo by File Upload Bot

Louisville is located in Jefferson County, Kentucky. It has a population of over 261,624. The cost of living index in Louisville, 84, is well below the national average. New single-family homes in Louisville are priced at $74,300 on average, which is far less than the state average. In 2002, one hundred forty-six new homes were built in Louisville, down from two hundred seventy-seven the previous year.

The three most popular industries for women in Louisville are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and professional, scientific, and technical services. The average travel time to work is about 20 minutes. More than 21.3% of Louisville residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 8.7%, is higher than the state average.

About 21.6% of Louisville's residents are below the poverty line, which is worse than the state average.

The percentage of Louisville residents that are affiliated with a religious congregation, 54.6%, is more than the national average but less than the state average. Audubon Church, Expressway Church and Southern Baptist Seminary are some of the churches located in Louisville. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.

Louisville is home to the Oak Saint Yards and the Brooklawn Childrens Home as well as Central Park and Taylor Memorial Park. Visitors to Louisville can choose from The Galt House, Seelbach Hilton and Best Western Airport East for temporary stays in the area.