Otter Property Management

About Otter Property Management

Otter Property Management is a real estate operator headquartered in Philadelphia PA. Otter Property Management operates in Philadelphia-Camden-Wilmington, Pennsylvania-Delaware. Its investment focus is on Multifamily - Core, Single-Family Homes and Single-family rental.

Otter Property Management is a Philadelphia-based third-party property management company formed in 2019 and serving its first client in January 2020. The company manages approximately 750 rental units across Philadelphia and nearby portions of Delaware County, giving it about 6 years of operating history. Its portfolio is entirely managed for outside property owners; Otter states that the company itself does not own properties. The company focuses primarily on single-family homes, small multifamily properties, apartments, and other residential rentals, while also managing small commercial units. Services include leasing, tenant screening, rent and utility collection, bookkeeping, inspections, regulatory compliance, resident communication, and maintenance coordination. Its leasing program markets vacancies across 25+ rental websites. Otter operates as a locally focused, mid-sized property manager with an in-house maintenance operation. The company has 5 full-time maintenance technicians, closes approximately 70% of work orders internally, and provides 24/7 emergency maintenance support. Its average property-owner client has approximately 2.6 units under management, indicating a strong focus on small and individual rental-property investors.

Principals at Otter Property Management