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Property Manager In Training Jobs in Madison, WI

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Property Manager In Training information

See Madison, WI salary details

$28.2K

$58.8K

$97.2K

How much do property manager in training jobs pay per year?

As of Jun 24, 2026, the average yearly pay for property manager in training in Madison, WI is $58,780.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,300.00 and $68,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Property Manager In Training, and why are they important?

A Property Manager In Training should have a basic understanding of real estate principles, customer service, and property operations, often supported by a high school diploma or associate degree. Familiarity with property management software like Yardi or AppFolio and, in some states, a real estate license or certification may be required. Strong communication, organizational skills, and problem-solving abilities help trainees handle tenant issues and coordinate maintenance effectively. These competencies are crucial for ensuring smooth property operations, tenant satisfaction, and professional growth in the property management field.

What are Property Managers In Training?

Property Managers In Training are individuals who are learning the responsibilities and skills required to manage residential, commercial, or industrial properties. They typically work under the supervision of experienced property managers and assist with tasks such as tenant relations, rent collection, property maintenance, and administrative duties. This role is designed to provide hands-on experience and prepare trainees for advancement into a full property manager position. Training may include learning legal regulations, financial management, and customer service best practices. The goal is to develop the expertise needed to efficiently oversee properties and ensure tenant satisfaction.

What is the difference between Property Manager In Training vs Property Manager?

AspectProperty Manager In TrainingProperty Manager
CredentialsTypically requires a high school diploma; some roles prefer real estate or property management certificationsOften requires a real estate license or property management certification
Work EnvironmentEntry-level, training-focused, supervised environmentFull responsibility for property operations, client interactions, and decision-making
ResponsibilitiesAssisting with property maintenance, tenant communication, and learning industry practicesManaging property operations, leasing, maintenance, and tenant relations independently

The main difference is that a Property Manager In Training is an entry-level role focused on learning and assisting, while a Property Manager has full responsibility for managing properties independently. The training role prepares individuals for the full managerial duties through hands-on experience.

What are some typical challenges faced during the Property Manager In Training period, and how can they be navigated successfully?

As a Property Manager In Training, you may encounter challenges such as balancing customer service with enforcing lease policies, learning to prioritize maintenance requests, and managing multiple properties or tenants simultaneously. Success in this role often comes from strong organizational skills, clear communication, and a willingness to learn from experienced property managers. Seeking feedback, remaining adaptable, and leveraging management software can help you efficiently handle these challenges while building your confidence and expertise.
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What job categories do people searching Property Manager In Training jobs in Madison, WI look for? The top searched job categories for Property Manager In Training jobs in Madison, WI are:
What cities near Madison, WI are hiring for Property Manager In Training jobs? Cities near Madison, WI with the most Property Manager In Training job openings:
Property Manager In Training jobs near you

Property Manager

Lutheran Social Services of WI & UP MI

Belleville, WI

Full-time

Posted 27 days ago

Job description

Tax Credit Specialist / Property Manager
Madison, WI | Park Street Lofts (44‑Unit LIHTC Property)

Lutheran Social Services of Wisconsin and Upper Michigan (LSS) is seeking a Tax Credit Specialist / Property Manager to lead lease‑up and ongoing property management at Park Street Lofts , a newly constructed 44‑unit Low Income Housing Tax Credit (LIHTC) community in Madison, WI. Lease‑up is anticipated to begin June/July 2026.

This is a highly independent role with full‑time hours during lease‑up , transitioning to 30 hours per week (benefit‑eligible) after stabilization.

Key Responsibilities
  • Lead all leasing, marketing, and property management activities to meet LIHTC compliance requirements
  • Serve as the primary point of contact for prospective and current residents, stakeholders, and community partners
  • Process applications, conduct income, background, and credit verification, and determine LIHTC eligibility
  • Prepare, review, and maintain compliant tenant certifications, leases, and files per LSS, state, and IRS standards
  • Assign units, execute leases, and coordinate move‑ins and move‑outs
  • Maintain waitlists, occupancy targets, and resident satisfaction
  • Collect rental payments, deposits, and fees; prepare accurate monthly deposits and financial reports
  • Ensure compliance with Fair Housing laws and participate in required training
  • Coordinate inspections, compliance audits (WHEDA, city, state), and unit inspections
  • Support property curb appeal and facility standards in collaboration with maintenance staff
  • Respond to after‑hours or emergency issues as assigned
  • Attend community events, conduct tours, and support marketing efforts during lease‑up
Qualifications
  • Bachelor's degree, or Associate's degree with 2+ years property management experience, or 5+ years of property management experience
  • LIHTC Specialist Certification required (may be obtained within 3 months of hire)
  • Strong attention to detail and ability to manage complex compliance documentation
  • Knowledge of LIHTC regulations, Fair Housing, and property management software preferred
  • Valid driver's license and reliable transportation required
  • Proficiency with Microsoft Outlook, Word, Excel, and basic reporting tools
Why Join LSS?

LSS is a mission‑driven organization committed to strengthening communities through supportive housing and services. This role offers the opportunity to lead a new affordable housing community from the ground up while working with a collaborative, values‑based organization.

LSS is an Equal Opportunity Employer (EOE)

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