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Updated almost 6 years ago on . Most recent reply
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Books on starting a property management company
We have reached a point with our properties that we will have essentially built a property management company to look after our own properties. With a little more effort, and maybe one more staff member, we could look after other people's properties.
However I'm unsure about the actual business side of being a property manager. For example, do you hold cash from the landlord in reserve for maintenance, etc. I know how to do reference checks, rent apartments, etc.
I'm looking for tips and best practices, I don't feel like learning everything by trial and error.
Does anyone have suggestions of books or resources that talk about the business side of running a property management business?
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Peter Tverdov
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- New Brunswick, NJ
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