Notes

Contemplating the Structure and Content to Create the Best Investors Property Management Book
Lately, I've been working at the idea and content to have an Investors' Property Management Book. I've read various and reviewed additional books on the subject. Unfortunately, each of them (that I've identified) end up being books for property management by career property managers. Or on the other hand, the final up emphasizing how to generate millions buying rental housing. To me, both cases miss the purpose. Investors desire a property management volume that targets their issues. From my perspective the key 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 income and income.


Clicking Here think about the primary reason volumes never have taken this course is in the end the writers decided that managers' interest should be parallel to the owner. While I agree in concept, the fact is events don't transpire in this way. As owners, we have to consider and plan management around our investment interests rather than allow manager's focuse to undermine this.
Why will a manager diverge through the investors' position? The driving factors are actually straight forward. Managers and maintenance staff work on the home everyday. Necessarily, they start to identify with the residents and they begin to focus on the view of how the house "should" be managed. While the difference is fairly subtle the consequence is expenses tend to inflate and capital needs and costs rise quickly consistent with this modification. Further, a problem around asset value or risk may take a backseat to this interest position unnecessarily placing investors' capital and income inside a poor position.
On another hand, the investor and owner will certaily concentrate on protecting the asset first. This means that paying taxes, paying insurance, and making critical capital improvements can come first. Improvements that maintain or increase occupancy arrive next. Costs that prevent customer turnover and otherwise improve performance will observe immediately behind these.
Because from the difference between these views a volume centering on these issues can be a real value on the industry and especially to investors in the marketplace. Such a book might go far to raise investors power to realize their income goals, could prevent foreclosures and law suits, could increase asset value increases and sales results. If organized, this book will signficantly improve readers power to achieve their total investment goals and minimize their investment risks.
Homepage: http://www.masonre.com.au/