Posted by SusanL.–FL on April 26, 2000 at 14:59:31:
I came across something from my real estate club. It is called: ‘Landlord 2000’ and contains 21 forms designed to increase the landlord’s cash flow and decrease your costs.
It might be something worth investigating. Their number is (941) 349-4902.
As far as managing your own units, I guess if you are set up right and organized, you’d be able to handle it.
Two years ago, I handled nine of my own (commercial and residential)—and that was in addition to commuting 20 miles a day to a FULL-time job, family, and children.
It was a LOT of work—and I will admit, it left LITTLE time for anything else.
Personally speaking, I would never take on several hundred myself.
GOOD LUCK!
…and remember, we can accomplish pretty near anything we set our minds to!
Posted by Ryan Omel on April 26, 2000 at 14:10:21:
I was wondering if anyone knows of a site that offers tips on managing properties. Also, does anyone have any tips for keeping costs down. The reason I ask I am interested in keeping properties long term and would like to make an Operations Manual for myself, employees and later on a manager. The Operations Manual would hopefully allow me to own and manage several hundred units without having to have a property management company take care of everything. Thanks for any advice and insight.
Also, there are two books I reccomend for people who will be managing their own properties: “Landlording”, by Leigh Robinson and “Every Landlord’s Legal Guide” from Nolo Press. Both are available form Amazon and the usual booksellers.