Archive for November 12th, 2007
Property Manager Job Description, Part Three
Monday, November 12th, 2007PAYING THE BILLS
When you own rental property, you may think you are in the accounting business. There are lots of accounting duties associated with property management. Property managers are responsible not only for collecting and depositing rent into the bank account, they also are responsible for paying all [...]
Property Manager Job Description, Part Two
Monday, November 12th, 2007INCREASING THE CASH FLOW
It is the property manager’s responsibility to increase the cash flow of the property. Good property managers understand the real world parameters within which they must work to achieve this goal, but if you are managing the property yourself, you’ll want to be aware of what [...]
Property Manager Job Description, Part One
Monday, November 12th, 2007Regardless of whether you decide to hire outside management or do it yourself, you’ll want to make sure you know either what kind of job you’ve just created for yourself or what you expect of the property management company you hire. So think of this chapter as either what to look [...]
Purchase and Sale Agreement
Monday, November 12th, 2007Once both the buyer and the seller agree upon the terms in the signed letter of intent, you are ready for your attorney to draft up the purchase and sale agreement or you can use a standard form from an agency you may be working with. This is where you [...]
