The ABC's of Property Management: What You Need to Know to Maximize Your Money Now (Rich Dad's Advisors Series)

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So you've made your investment, now the question is: how are you going to sustain it? make it grow? maximize its potential? One word: management. Hundreds of thousands know Ken McElroy as real estate investment tycoon, and according to him, sound property management is the cornerstone of his success. Now, he reveals the most important ...
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Overview

So you've made your investment, now the question is: how are you going to sustain it? make it grow? maximize its potential? One word: management. Hundreds of thousands know Ken McElroy as real estate investment tycoon, and according to him, sound property management is the cornerstone of his success. Now, he reveals the most important principles of property management his new audiobook. You'll learn:


  • When to manage your own property and when to hire someone else to do it
  • How to implement the right systems and structures for you
  • How to manage cashflow
  • A month in the life of an owner manager
  • How to find a good property manager (and avoid the bad ones)
  • How to assemble a superior management team
  • and more.
The unofficial, but totally necessary, sequel to The ABC's of Real Estate Investing and The Best Kept Secrets of Real Estate Investing, THE ABC'S OF PROPERTY MANAGEMENT will fill an important slot in both the Rich Dad's Advisor series, as well as in the general business marketplace.
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Editorial Reviews

<b>Library Journal</b>
"In this evenhanded, informative, and practical primer on managing rental property, McElroy covers everything from setting reasonable rent to determining true costs vs. true earings. Dave Mallow who's read several other titles in this series, delivers another solid performace..."
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Product Details

  • ISBN-13: 9781600242892
  • Publisher: Hachette Audio
  • Publication date: 9/12/2008
  • Series: Rich Dad's Advisors Series
  • Format: CD
  • Edition description: Abridged
  • Product dimensions: 5.30 (w) x 5.70 (h) x 0.80 (d)

Meet the Author

See Important Note #3.
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Table of Contents


Foreword   Robert Kiyosaki     ix
Introduction     xi
Should I Manage My Own Property or Hire Someone to Do It for Me?     1
Size Doesn't Matter     3
Property Management Systems     17
Cash Flow Management     37
A Month in the Life of an Owner-Manager     65
How Do I Find a Good Property Manager?     79
Not All Property Management Companies Are Created Equal     81
Employees, Systems, and Structures: The Backbone of a Company     95
How Do I Hire a Good Property Manager?     101
Hiring a Good Property Manager or Management Company     103
Conclusion     117
Sample Applications, Agreements, and Forms     119
About the Author     147
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Sort by: Showing 1 – 3 of 2 Customer Reviews
  • Posted July 25, 2011

    Missing the beginner's paradigm

    This book is like a really long interview with a very successful property manager. The problem is that the expert here, Ken McElroy, doesnt communicate from the beginner mindframe which the 'ABC's' of the title may imply. Rather he communicates from the superior expert view. So as good as it is to interview an expert, it doesnt allow a lot of room for real empowering growth.

    THE DONWNSIDE -
    I know a lot about real estate, I dont know a lot about property management (yet). I was hoping to read a book that would explain the obstacles of a new buy and hold investor and would give insight on business systems to break through the struggles a first time property manager has, And how as their portfolio of real estate grows what insights there are to that as well. My experience of this book was NOT EMPOWERING AT ALL. Really the opposite. This book scares you, and does NOT give insight on how to manage your first through your 50th properties. It is more of a huge sales pitch to hire a out a property manager. If I wanted to hire a property manager, I wouldnt need the book.

    THE UPSIDE -
    Although I didnt find what i was looking for, i did still gain insight into the vast responsibilities of property management. I have a clearer picture of the big picture, not the ABC's in my opinion.

    2 out of 2 people found this review helpful.

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  • Anonymous

    Posted August 7, 2011

    No text was provided for this review.

  • Anonymous

    Posted January 24, 2010

    No text was provided for this review.

Sort by: Showing 1 – 3 of 2 Customer Reviews

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