In a portfolio structure, what is the primary responsibility of each staff member?

In a portfolio structure, each staff member's primary responsibility is to handle all aspects of one property. This approach allows team members to develop a deep and comprehensive understanding of the specific property they are managing. By focusing on one property, employees can attend to its unique needs, manage tenant relationships, oversee maintenance and repairs, and handle financial aspects such as budgeting and rent collection more effectively.

This division of responsibilities is beneficial because it fosters expertise in property management, enhances the quality of service provided to tenants, and ensures that every aspect of the property is carefully monitored and addressed. Moreover, when staff members specialize in one property, they can build stronger relationships with tenants and respond more quickly to any issues or concerns. This specialization ultimately leads to more efficient management and better performance of the property as a whole.