Top Property Management Recommendation - Read Practical Apartment Management

Sometimes the right resource is a great way to improve your game and your working results. Ed Kelley's 6th edition "Practical Apartment Management" is one of these resources. You'll find gems in this book covering almost every conceivable concept in the property management business you can imagine. Moreover, the book is useful whether you are operating a 1,000 unit portfolio, a 200 unit property, or a single family rental home. In fact, he especially divides the books up to discuss a range of issues spanning these points.

Besides, my humble opinion about this book. The Institute of Real Estate Management prints and promotes the volume. In my experience, selecting sources from proven sources is another means of assuring you gain the best advice. This is an approach I carefully follow.

What are some of the main subjects covered in the book worth taking a look at? For investors and principals he includes a section on ownership spanning goals and forms of ownership. Other points of critical interest to investors and principals are selecting property management, the property manager, managing staffing, and business decision points.

By and large the book is focused on property management and is most useful and absolutely directed at the subject. Almost any conceivable topic (though I've identified a few points I'd spend more time covering) is included. For example, in staffing Mr. Edwards discusses scheduling, compensation, holidays, vacations, tools, cell phones, staff turnover and literally dozens more items.

There is a separate section on the apartment lease covering rent term, rent, parties to the agreement, and over common lease causes. Related to the lease there are several chapters connected to marketing and leasing units. Almost every conceivable form of advertisement is covered from newspaper to television. Call management and follow up receives over 20 pages of attention. He discusses many types of residents and provides a 20 page installment on setting and adjusting leases. His glossary is extensive. Maintenance is covered from day to day requirements through upgrades and renovations. Accounting occupies the last over 30 pages of the book.

Serious property managers should have this book, should study this book, and should put its concepts to work operating their properties. Investors will benefit from the volume because their base understanding will be increased dramatically preparing themselves to anticipate and act on almost any requirement that may come to their attention. If you are planning becoming involved in the business this is a tool you need on your bookshelf.

Blake Ratcliff recommends buying The Warrior's Guide to Rental Investing and Management. Get great investment info here!

Visit http://www.wordclay.com/BookStore/BookStoreBookDetails.aspx?bookid=61268 to buy your copy or you can get the ebook format at http://www.smashwords.com/books/view/19866

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