Читать книгу Property Management Kit For Dummies - Robert S. Griswold - Страница 42

For most rental property owners, managing rental units is a part-time job. They handle tenant calls, collect the rent, show the units, and even perform most maintenance in the early evenings or on weekends. Managing your time is an important part of managing your rental properties. It’s about evaluating how much time you have and then looking for ways to streamline tasks so that you make the best use of your available hours.

Although rental management can be a part-time job, don’t be fooled: Making a success of it takes a lot of time, patience, and hard work. At first, most people assume that they’re equipped to handle any and all property issues. They may even find they can manage two or three units without problems or time conflicts. They enjoy managing their rental properties and appreciate the savings. As their portfolio grows, however, they have to be even more efficient in handling management activities. The challenge of being a landlord is finding the time required for this second job.

The good news is that the time required to be a landlord is in your control. If you acquire sound properties and master the skills of marketing (see Chapter 7), tenant screening, and selection (see Chapter 11), you can greatly reduce the amount of time you spend managing your rental property. You also have to work smart; otherwise, you may find that your time is better spent in areas other than management, because time is money.