McElroy Ken. The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss

Business Plus, 2004. — 224 р. — ISBN: 0446691844.In precise and entertaining chapters - each culminating with very specific 'action steps' for readers to follow - author Ken McElroy offers real estate investing stories from the trenches and wisdom. Chapters include: It Takes a Team - Understanding it takes a team to be successful in real estate, determine whether you want a partner and evaluate partner candidates based on the qualities required for a good partnership. Research Can Be Fun? - Become familiar with online resources such as newspapers, trade publications, government and trade organisation websites. Swamp Land For Sale - Stay away from gut feelings. Select one market, preferably one close to home, that you may be interested in. You Own It.Now What? - set up your systems for maintenance, accounting and rent collection. Get involved in local supporting professional affiliations. Enforce the policies and procedures in the lease without exception and respond quickly to your residents with a smile!So you've made your real estate investment, now the question is: How are you going to make it successful? Maximize its potential? Make it grow? One word: management. Hundreds of thousands know bestselling author Ken McElroy as a real estate investment tycoon. In his new book, he reveals the key to his success, exceptional property management, and teaches you its most important principles, showing you how to fundamentally succed 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.