Business Manager, Property Operations

What You'll Actually Do

This role sits between regional leadership and site-level teams, keeping operations running across a portfolio of multifamily properties. You're not managing a single community. You're supporting multiple properties, which means your day shifts depending on what's burning: a delinquency spike at one site, a vendor invoice backlog at another, or a lease enforcement issue that needs legal coordination.

On the financial side, you'll track collections and rent recovery, oversee capex reporting against approved budgets, and manage the full PO-to-invoice workflow with Accounts Payable. On the compliance side, you'll make sure site teams are meeting jurisdictional deadlines for move-outs and charges, and you'll coordinate with attorneys when evictions or resident disputes escalate. You'll also handle tenant-based voucher administration, which adds a layer of regulatory complexity that not every multifamily ops role carries.

Maintenance oversight here means monitoring work order completion and service quality across properties, not turning wrenches yourself. You'll work with site teams to keep preventive maintenance on schedule and flag where service quality is slipping before it hits resident satisfaction scores.

One thing worth knowing: this position is listed for Sacramento and San Francisco, but Asset Living requires candidates to reside in Reno, Nevada. Factor that in before applying.

What You Bring

• At least three years in multifamily property management, operations, or asset management
• Hands-on experience with Yardi, RealPage, MRI, or a comparable platform
• Solid grasp of delinquency workflows, collections timelines, and financial controls
• Familiarity with affordable housing or voucher-based compliance is a real advantage here
• Comfort working across Google Workspace and Microsoft Office
• Strong written and verbal communication; bilingual Spanish/English is preferred
• High school diploma required; a degree in business, real estate, or a related field is preferred

Context Worth Having

Asset Living is a large third-party management company with a portfolio that spans multifamily, single-family rentals, affordable housing, build-to-rent, and student housing. This role plugs into that broader structure, which means you'll follow established operational standards rather than build processes from scratch. For someone who wants defined systems with room to improve execution, that's a fit. For someone who wants to design the playbook, it's less so.

Candidates who tend to do well in roles like this one have a specific skill: they can read financial and operational data across multiple properties simultaneously and spot where a site is trending in the wrong direction before it becomes a reporting problem. Portfolio-level ops work rewards pattern recognition over single-site depth. The California pay range for this position runs from $70,000 to $78,000.