Perfect Phrases for Landlords and Property Managers

by John A. Yoegel

Overview

Perfect Phrases for Landlords and Property Managers arms readers with quick and easy phrases to deal with the countless challenges, decisions, and day-to-day responsibilities of being a landlord or property manager. it offers practical, need-to-know advice on everything from dealing with tenants and co-op boards to developing and executing a management plan. Each chapter includes several key principles and advice on the topic and provide hundreds of ready-to-use phrases for readers to go to no matter what the situation.

Product Details

ISBN-13:	9780071641869
Publisher:	McGraw Hill LLC
Publication date:	10/12/2008
Series:	Perfect Phrases Series
Sold by:	Barnes & Noble
Format:	eBook
Pages:	224
File size:	424 KB

About the Author

John Yoegel is a certified New York real estate instructor and a member of the the Real Estate Educators Association.

Table of Contents

Preface xi Acknowledgments xv Part 1 The Landlord and Property Manager 1 Chapter 1 Managing Investment Properties: Goals and Objectives 3 Chapter 2 Managing Investment Properties: Skills and Responsibilities 7 Planning 8 Budgeting 8 Maintenance 9 Marketing and Leasing 9 Skills Needed by a Landlord or Property Manager 10 Part 2 The Business of Property Management 11 Chapter 3 The Property Management Team 13 Assembling the Team 15 Training 18 Managing the Team 21 Compensation and Motivation 24 Policy and Ethical Issues 27 Chapter 4 Property Manager-Client/Owner Relations 31 Owner Objectives 33 Communications 36 Chapter 5 Business Development 39 Developing New Business 41 Real Estate Investment Counseling 44 Real Estate Development 47 Chapter 6 The Management Agreement 51 Preparing for Negotiations 53 Term of the Property Management Agreement 56 Compensation 59 Duties 62 Termination and Renewal 65 Reports 67 Part 3 Managing the Properties 69 Chapter 7 Managing Residential Properties 71 Medium to Large Apartment Building 72 The Small Property 75 Lease Negotiations 78 Tenant Relations 81 Chapter 8 Managing Commercial Properties 85 Negotiating Leases 87 Tenant Relations 90 Management Issues 93 Chapter 9 Managing Owners: Condominiums and Cooperatives 97 Condominiums and Cooperatives 99 Condominiums 104 Cooperatives 105 Chapter 10 Special Purpose Properties 107 Industrial Properties 109 Mobile Home Parks 112 Medical Buildings 114 Self-Storage Facilities 118 Age-Oriented Housing 120 Chapter 11 Tenant Relations 123 Communications 126 The Problem Tenant 129 Chapter 12 The Management Plan 131 Regional Analysis 133 Neighborhood Analysis 137 Property Physical Analysis 140 Income StreamAnalysis 143 Operating Budget 146 Capital Budget 149 Beyond the Management Plan 152 Chapter 13 Landlord (Owner) Management Issues 157 Nonresident Landlord 159 Resident Landlord 163 Chapter 14 Issues Common to All Properties 167 Maintenance 167 Nondiscrimination 171 Risk Management 175 Chapter 15 Marketing the Property 181 The Marketing Plan 182 Advertising 184 Describing the Property 187 Promotional Activities 190 Networking 193 Resources 197 About the Author 199