So you've made your real estate investment...and now the question is: How are you going to make it profitable? How will you maximize its potential and make it grow in value? One word: Management. Hundreds of thousands know bestselling author Ken McElroy as a real estate investment tycoon. In this book, Ken reveals the key to his success: Exceptional property management. He teaches you the most important principles and keys to achieving success where others fail. THE ABC'S OF PROPERTY MANAGEMENT tells readers: How to decide when to manage your property and when to hire someone to do it How to implement the right systems and structures for your investment How to manage and maximize cash flow What to expect: A month in the life of an owner-manager How to find the right property manager (and avoid the wrong ones) How to assemble a superior management team.
About the Author
Ken McElroy, Principal and Co-Partner of MC Companies, has over 26 years ofsenior level experience in multifamily asset and property management, development. Having purchased over $400 million in real estate in the past twoyears, Ken brings a unique property management perspective when estimating aproperty's potential value. Ken oversees the company's asset portfolio and leadsthe day-to-day operations including financial and operating analysis, investorrelations and business development. An industry veteran, Ken has served inleadership roles in multi-family asset and property management for more than26 years. He is also an expert in development, project/constructionmanagement, investment analysis and acquisitions/dispositions, as well asbusiness development and client relations. MC Companies is a full-service real estate investment and property managementgroup that since 1985 has developed, built and managed multi-family housingcommunities. Its current portfolio includes units in Arizona (Phoenix, Tucson, Goodyear, Scottsdale, Green Valley, and Sun City); Las Vegas, Nevada; Portland, Oregon; Oklahoma (Oklahoma City and Tulsa) and Texas (Austin, Dallas, Houston, Plano, and San Antonio). "The MC Companies combined core strengths create value and is the foundationfor the company we built. For us, a culture of partnership isn't something wehang on the wall. It's something we actually live minute-by-minute when webring on a new property management contract, run the numbers on anapartment community we're thinking about buying or map out the strategicdirection for our company in the coming year. It's our mutual respect, ourrespective talents and our combined actions that come into play and create ourcommitment to Sharing the Good Life with our families, friends, investors, employees and our family of community residents."