Property management is the process of managing and operating a property, including its tenants and finances. Property managers may be responsible for ensuring that the property is in good condition, collecting rent payments, dealing with legal matters related to tenant occupancy, making necessary repairs or improvements, and more.
If you’re looking to learn more about Property Management, there are a number of great books out there to help get you started. Here is a list of the best property management books:
Discover how to be a landlord with ease
Thinking about becoming a landlord? Property Management Kit For Dummies gives you proven strategies for establishing and maintaining rental properties, whether a single family or multi-resident unit. You’ll find out how to prepare and promote your properties, select tenants, handle repairs, avoid costly mistakes and legal missteps—and meet your long-term goals.
Now you can find out if you really have what it takes to successfully manage a rental property, and you’ll learn all about the various options for hiring someone else to manage your property for you. You’ll find out the right way to prepare your properties for prospective tenants, set the rent and security deposit, clean up properties between tenants, and verify rental applications. In no time at all, you can become a top-notch property manager by working efficiently with employees and contractors to keep your properties safe and secure.
The ultimate property management guide for the do-it-yourself landlord!
Written for the millions of landlords who own a single-family home, condo, or small (less than four unit) rental property, Every Landlord’s Guide to Managing Property covers everyday skills a hands-on landlord needs, including how to:
The second edition is completely updated to cover the latest legal and business issues affecting landlords, including the pros and cons of incorporating as an LLC, how to estimate reserves with a capital expenditures (CAP EX) schedule, and guidelines for buying an occupied rental property.
Every strategy, tool, tip, and technique you need to become a millionaire rental property investor!
If you’re considering using rental properties to build wealth or obtain financial freedom, this book is a must-read. With nearly 400 pages of in-depth advice for building wealth through rental properties, The Book on Rental Property Investing imparts the practical and exciting strategies that investors across the world are using to build significant cash flow through real estate investing.
Investor, bestselling author, and co-host of The BiggerPockets Podcast, Brandon Turner, has one goal in mind: to give you everything you need to become a millionaire rental property investor―while helping you avoid the junk that pulls down so many wannabes! New and experienced investors alike will learn how to build an achievable plan, find incredible deals, pay for your rentals, and much more.
Making money through real estate investments isn’t as simple as buying up property and hoping for the best — you have to know what you’re doing. The fact is, how you manage a property directly affects how profitable it will be. The Property Management Tool Kit goes beyond the basics, giving you all the guidance you need to successfully manage your properties, avoid pitfalls, and make a profit. You’ll find out how to: * Add value to your property, including which improvements to make or avoid * Address legal concerns, tenant issues, and administration and maintenance * handle monetary factors such as cash flow, record-keeping, and rent collection * Expand your portfolio and establish financial goals * Hire a team, partner with vendors, and use advertising In addition, you’ll find helpful management tools: a market survey; rental criteria; and sample documents and forms, including a rental application, a lease, a guest screening card, rules and regulations, renewals, a vacancy report, a maintenance log, and much more. Practical and informative, this is the one book you need to successfully manage your properties.
The legal forms and state rules every landlord and property manager needs
To keep up with the law and make money as a residential landlord, you need a guide you can trust: Every Landlord’s Legal Guide.
From move-in to move-out, here’s help with legal, financial, and day-to-day issues. You’ll avoid hassles and headaches―not to mention legal fees and lawsuits. Use this top-selling book to:
“I finally got a chance to purchase and read your book (Build a Rental Property Empire). It was easy to read and practical and pragmatic – and I liked it enough to give a copy to my son who is just starting out with his real estate investing and also to two of my investor clients as closing gifts.”-SharonLearn the best way to invest in rental properties in this 300 plus page book written by real estate investor Mark Ferguson (owns more than 100,000 sqft of rentals). This book gives you the exact details on how to finance, find, analyze, manage, and even sell rental properties. Where other books lack the details on how to actually make money in real estate, this book is all about the details. It is written by someone who has been investing in real estate for over 15 years and is still investing today. If you are having trouble figuring out how to find the right properties, how to finance them, where to buy properties, or how to buy with little cash, this books tells you how to overcome those obstacles. If you can’t find your answer in the book, Mark even gives away his email address where you can ask him directly. Mark is a successful rental property owner, fix and flipper and real estate broker. Mark has sold over 1,000 houses as a broker, flipped over 155 houses, and owns his own office Blue Steel Real Estate. Mark bought his first rental property on his own in December 2010 and now has 19 rentals (commercial and residential). He has fix and flipped houses since 2001 and been a real estate agent since 2001 as well. Over the years, he has learned the best way to find rentals, get great deals, manage properties, finance properties, find great markets and build wealth with rentals. In this book, Mark gives you all the information you need to be a successful rental property investor.
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
In this day and age, we’re lucky to have software that takes care of the nuts and bolts of property management accounting. But even with software, you’ll find it much easier to keep accurate records if you have an understanding of the basic accounting concepts upon which these programs are based. Buildium’s Property Management Accounting teaches you these concepts with property management specifically in mind. Don’t worry if you don’t have an accounting degree or previous bookkeeping experience. This guide will arm you with all the information you need. And if you do have an accounting background, you’ll find some great refresher information inside as well.
New for 2020! Have you ever dreamed of owning a vacation property that pays for itself? In today’s market, platforms like Airbnb and Vrbo have made this not only possible, but easy to execute successfully. Already own a rental property? This book can teach you how to analyze your financial performance, study your competition, and improve your guest relations to improve your profitability.
You’ll learn how to:
– Find a suitable property
– Build a budget (including downloadable Excel sample budgets)
– Prepare for rental guests
– Create and maintain your online listing
– Manage income and cash flow
This book also provides guides on how to earn 5-star reviews, maximize search engine optimization, deal with difficult guests, and even includes a bonus chapter on improving your real estate photography.
Professional Property Management is a comprehensive guide on how to increase profits and productivity through an efficient and productive property management department that uses quality management procedures. Improving marketing strategies, setting up the department for long-term growth, and increasing staff stability will result in a professional residential property portfolio. There are an ever-increasing number of property management agencies opening due to the profits that can be gained through an established, well-maintained and professionally operated business. Make sure your agency is the one that stands out from the crowd and is recognised for its professional approach and customer values. • Find fool proof systems and procedures to increase efficiency and productivity • Learn to manage more properties, minimize staff stress, and increase customer service values • Maintain and increase the standard of rental properties • Increase occupancy and reduce tenant vacancies • Discover useful checklists for daily operations and training
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