Apartment Management: How to Maximize Your Profits
Book details
Summary
Description
"Apartment Management: How to Maximize Your Profits" looks at management from a business perspective. It shows the reader how every aspect of managing an apartment building affects its profitability. Most apartment house owners manage their properties with little or no formal training. Consequently their decisions often damage the profitability of their investment. "Apartment Management" is about managing a business. It proves that a proactive style of management is far more profitable than a reactive style. By showing the reader how to create & implement a business plan, it explains how to hire, fire & train on-site managers. "Apartment Management" shows how selecting vendors has a dramatic impact on maintenance costs. It provides methods for retaining tenants & an in-depth approach for how to market a vacant unit. The pros & cons about management companies are discussed, as well as a step by step process for how to position your management team when buying a building. Complete with sample forms & illustrations, "Apartment Management" is an owner's guide to greater profits through management. Rod Delson owns & manages more than 600 apartment units in Southern California.
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