Practical Apartment Management

Practical Apartment Management by Kelley, Edward N.. paperback edition. ISBN: 9781572030947.

This new fifth edition of a classic is a must read for every apartment manager—from the site manager of a single building to the executive manager of multiple properties. This how-to, hands-on guide helps you master the basics and gives you fresh ideas and practical techniques that you can use immediately to increase efficiency and profitability. Topics include: * An overview of the business of apartment management * Hiring and managing property staff * Policies to guide property operations * Leasing policies, the rental application process, and the lease document * Policies for residents * Strategies for maximizing rent collections * Documenting property assets and maintaining the property * Understanding why people rent and marketing accordingly * Converting prospects to residents * Setting and raising rents Practical Apartment Management also provides comprehensive coverage of advertising, upgrading and renovation, property insurance, budgeting, and accounting and record keeping.