So you've made your real estate investment...and now the question is: How are you going to make it profitable? How will you maximize its potential and make it grow in value? One word: Management. Hundreds of thousands know bestselling author Ken McElroy as a real estate investment tycoon. In this book, Ken reveals the key to his success: Exceptional property management. He teaches you the most important principles and keys to achieving success where others fail.
THE ABC'S OF PROPERTY MANAGEMENT tells readers:
How to decide when to manage your property and when to hire someone to do it
How to implement the right systems and structures for your investment
How to manage and maximize cash flow
What to expect: A month in the life of an owner-manager
How to find the right property manager (and avoid the wrong ones)
How to assemble a superior management team
Autorentext
Ken McElroy Real Estate Expert
Ken is the author of the best-selling books The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABCs of Property Management, and The ABCs of Buying Rental Property as well as The Sleeping Giant and Return to Orchard Canyon. He is also a contributor to The Real Book of Real Estate by Robert Kiyosaki and Midas Touch by Donald Trump and Robert Kiyosaki:
Ken is also a Contributor to More Important Than Money, An Entrepreneur's Team (Rich Dad Advisors Series, RDA Press). For over 2 decades, Ken has had massive success in real estate investment analysis, property management, acquisitions, property development, business development and client relations. With over $1 billion in real estate investments, Ken is recognized as a financial educator who offers a unique perspective on how to get the biggest return on investments. Never taking life for granted, Ken actively gives back to the community. He has served on the advisory boards of Southwest Autism Research and Resource Center (SARRC), Child Help, and AZ Food Banks, and was the Walk for Autism Speaks Chair. McElroy and his work have been featured on FOX & Friends, Cheddar, ESPN Cover Your Assets Radio Show, and in Forbes, US News & World Report, Yahoo Finance, and other media.
Inhalt
Foreword by Robert Kiyosaki xi
Introduction xiii
Section 1: Should I Manage My Own Property or
Hire Someone to Do It for Me? 1
Chapter 1 Size Doesn't Matter 3
Chapter 2 Property Management Systems 17
Chapter 3 Cash Flow Management 39
Chapter 4 A Month in the Life of an Owner-Manager 69
Section 2: How Do I Find a Good Property Manager? 83
Chapter 5 Not All Property Management Companies
Are Created Equal 85
Chapter 6 Employees, Systems, and Structures:
The Backbone of a Company 101
Section 3: How Do I Hire a Good Property Manager? 107
Chapter 7 Hiring a Good Property Manager or
Management Company 109
Conclusion 123
Resources 125
About the Author 129