Richard Paul Hermes Jr
Tucson,AZ
Summary
I am a seasoned property management professional with over 13 years of experience in diverse housing markets. I have a proven track record or surpassing financial expectations while enhancing the quality of our offerings and leading the market in rental rates. While transitioning from the affordable housing market with a focus on maintaining a near 100 percent occupancy rate and ensuring financial accuracy to comply with local, state, and federal guidelines and requirements to the conventional housing market, I have successfully exceeded financial expectations by consistently increasing gross potential rental rates averaging over 7% annually and increasing net operating income annually by over 11% over the past decade. I excel in property renovations, ensuring operational success while exceeding budgeted occupancy rates. I'm eager for new opportunities to grow personally and professionally while contributing to a dynamic market's expansion.
Overview
12
12
years of professional experience
Work History
Property Manager
Greenwater Investments
02.2022 - Current
- Oversight of daily operations, supervising leasing and maintenance teams alongside multiple renovations teams and vendors, and preparing timely financial and activity reports.
- Vigilantly monitoring vacant units to maximize occupancy rates and rental income.
- Ensuring accurate data entry for move-ins and renewals,
- Strategically operating to exceed budget and business plan targets, boosting income and reducing expenses while maintaining property quality.
- Responsible for organization and lease up process to increase community from 35% occupancy to 96% occupancy within 6-month period while ensuring quality standards are maintained.
- Assisted with evaluation of community standards to ensure assets are properly maintained on multi-site level.
- Assisted with training and development for other leasing and management staff.
- Assisted with implementing marketing materials on multi-site level.
Property Manager
SB Properties
12.2022 - 03.2023
- Managed 9 apartment communities totaling 237 homes.
- Responsible for all day to day operations including supervision of leasing and maintenance staff members, processing and preparing financial reports and activity reports in timely manner, monitoring vacant apartments with goal of maintaining highest occupied percentage at highest rental rates possible, ensuring that all move in and renewal information is entered correctly, and operating with purpose of exceeding budget and business plan with goal of increased income and decreased expenses while maintain property to acceptable conditions.
- Responsible for organization and lease up process to increase community from 50% occupancy to 98% occupancy within 3-month period while ensuring quality standards are maintained.
- Assisted with evaluation of community standards to ensure assets are properly maintained on multi-site level.
Property Manager
SCOTIA GROUP
09.2022 - 12.2022
- Multi-site Management - responsible for management of two communities totaling 465 units.
- Management of renovations averaging four to six units per month. Responsible for cost analysis for full upgrades in process, ordering necessary materials needed for upgrades, and coordinating site staff and vendors to ensure timeframes are kept to minimum.
- Responsible for all day to day operations including supervision of leasing and maintenance staff members, processing and preparing financial reports and activity reports in timely manner, monitoring vacant apartments with goal of maintaining highest occupied percentage at highest rental rates possible, ensuring that all move in and renewal information is entered correctly, and operating with purpose of exceeding budget and business plan with goal of increased income and decreased expenses while maintain property to acceptable conditions.
Property Manager
Dasmen Residential
05.2022 - 09.2022
- Multi-site Management - responsible for one site but volunteered to manage another site due to staffing shortage. Each community consisted of 360 to 412 units.
- Management of renovations averaging three units per month. Responsible for cost analysis for full upgrades in process, ordering necessary materials needed for upgrades, and coordinating site staff and vendors to ensure timeframes are kept to minimum.
- Received award for Employee of Year.
- Responsible for all day to day operations including supervision of leasing and maintenance staff members, processing and preparing financial reports and activity reports in timely manner, monitoring vacant apartments with goal of maintaining highest occupied percentage at highest rental rates possible, ensuring that all move in and renewal information is entered correctly, and operating with purpose of exceeding budget and business plan with goal of increased income and decreased expenses while maintain property to acceptable conditions. Managed multiple housing communities at one time as needed to ensure operations are maintained and resident satisfaction is maintained.
Property Director
MC RESIDENTIAL
01.2018 - 05.2022
- Multi-site Management - Responsible for one community consisting of 256 units. Volunteered to manage multiple additional communities due to staff shortages. Each period of multi-site Management averaged three months and consisted of average of 200 units each. Managed up to three communities at one time.
- Management of renovations including three to four townhomes per month. Responsible for cost analysis for full upgrades in process, ordering necessary materials needed for upgrades, and coordinating site staff and vendors to ensure timeframes are kept to minimum.
- Received awards for Manager of Year, Community of Year, and Highest Performance Increase.
- Responsible for all day to day operations including supervision of leasing and maintenance staff members, processing and preparing financial reports and activity reports in timely manner, monitoring vacant apartments with goal of maintaining highest occupied percentage at highest rental rates possible, ensuring that all move in and renewal information is entered correctly, and operating with purpose of exceeding budget and business plan with goal of increased income and decreased expenses while maintain property to acceptable conditions.
Housing Coordinator
Southern AZ Land Trust / Family Housing Resources
10.2011 - 01.2018
- Responsible for management of over 120 single family homes throughout Tucson AZ region.
- Implemented various Low Income, HOME, and HUD restrictions and regulations per state and county codes and regulations. Responsible for setting rent amounts per various restrictions and regulations per Low Income standards, marketing, touring, leasing, collecting rents while maintaining little to no delinquency, proper record keeping, accounts receivables and accounts payables. Processing and preparing financial statements in timely manner. Managed various vendors to ensure newly purchased homes are successful renovated in timely manner while negotiating rates to ensure budgeted expectations are consistently achieved and exceeded and in timely manner.
Education
Bachelor of Science - Business Administration And Management
University of Phoenix
Tucson05.2018
Associate of Applied Science - Accounting And Business Management
Pima Community College
Tucson, AZ05.2011
Skills
- Tenant Relations
- Compliance Monitoring
- Knowledge of Arizona Real Estate Laws
- Property Tours and Inspections
- Leasing and Sales
- Customer Service-Focused
- Financial Budgeting and Reporting
- Tenant and Eviction Laws
Timeline
Property Manager
SB Properties
12.2022 - 03.2023
Property Manager
SCOTIA GROUP
09.2022 - 12.2022
Property Manager
Dasmen Residential
05.2022 - 09.2022
Property Manager
Greenwater Investments
02.2022 - Current
Property Director
MC RESIDENTIAL
01.2018 - 05.2022
Housing Coordinator
Southern AZ Land Trust / Family Housing Resources
10.2011 - 01.2018
Bachelor of Science - Business Administration And Management
University of Phoenix
Associate of Applied Science - Accounting And Business Management
Pima Community College
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