Property Management For Investors
The idea of a residential real estate property management book is not really that original. However, in my experience, they management books available almost always end tainted. The reason this is the case is the writer either cannot stay on the topic of management (usually a volume prepared by an investor for investors) or they are a career property manager who fails to represent the needs of owners as clearly and intently as they should. Such a volume will have to cover the usual topics including: Choosing a manager or management company; Hiring staff; Managing staff; Hiring contractors; Managing contractors; Customer service and resident management; Maintenance and capital improvements; Accounting, billing, and collections; Leasing and marketing; and Taxes On the investor side, a few additional topics including: Compliance; Periodic reports; Investor communications; and Tax planning Considering each topic a few items to be covered are a next consideration. Choosing a m