So you've made your investment, now the question is how are you going to sustain it? Make it grow? Maximimse its potential? One word: management. Ken McElroy is a property tycoon and sound property management is the cornerstone of his success. The book includes information on: when to manage your own property and when to hire someone else to do it; how to implement the right systems and structures to make it work; how to manage cashflow, how to assemble a superior management team - and more.
About the Author
Ken McElroy, CEO of MC Management, has over 20 years of real estate experience with 4300 units under construction and management.
Reviews
In this evenhanded, informative, and practical primer on managing rental property, McElroy (The Advanced Guide to Real Estate Investing) covers everything from setting reasonable rent to determining true costs vs. true earnings. Dave Mallow (The Commission), who's read several other titles in this series, delivers another solid performance, though some may find it difficult to follow the math without seeing it on paper. An end-of-disc indicator would have been helpful; purchase where needed.-Laurie Selwyn, formerly with Grayson Cty. Law Lib., Sherman, TX Copyright 2009 Reed Business Information.
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