Contemplating the Structure and Content to Create the Best Investors Property Management BookPosted by Templeton Klavsen on February 4th, 2021 Lately, I've been working at the idea and content for an Investors' Property Management Book. I've read several and reviewed a lot more books about them. Unfortunately, they all (that I've identified) become books for property management by career property managers. Or on the other hand, the finish up concentrating on how to make millions buying rental housing. To me, both cases miss the idea. Investors desire a property management volume that concentrates on their issues. From my perspective the true secret investor issues are: Protecting the asset and invested capital, Maintaining the asset value and condition, Maximizing equity value, Minimizing ownership risk for liability, tax, and financing Maximizing cashflow and income. I think about the major reason volumes never have taken this course is in the finish the writers have decided that managers' interest should be parallel for the owner. While I agree in concept, the fact is events tend not to transpire in this way. As owners, we have to consider and plan management around our investment interests and not allow manager's focuse to undermine this. Why will doncaster property management from the investors' position? The driving factors are in fact easy. Managers and maintenance staff work with the property everyday. Necessarily, realize recognize the residents and realize focus on the look at how the house "should" be managed. While the difference is relatively subtle the effects is expenses often inflate and capital needs and charges rise quickly consistent with this change. Further, a concern around asset value or risk usually takes a backseat to this interest position unnecessarily placing investors' capital and income in the poor position. On one other hand, the investor and owner will certaily focus on protecting the asset first. This means that paying taxes, paying insurance, and making critical capital improvements will come first. Improvements that maintain or increase occupancy can come next. Costs that prevent customer turnover and otherwise improve performance follows immediately behind these. Because from the difference between both of these views a volume focusing on these complaints can be a real value for the industry and also to investors in the market. Such my latest blog post could go far to boost investors power to realize their income goals, could prevent foreclosures and lawsuits, could increase asset value increases and sales results. If browse around here , this book will signficantly improve readers capability to achieve their total investment goals and minimize their investment risks.Like it? Share it! More by this author |