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DON'T HESITATE TO THINK BIG Building a property management business is a great way to produce steady income; however, it isn't easy. Where do you start? How do you avoid pitfalls and overcome the roadblocks down the road? While property management can produce great rewards and results, proper planning and methodical preparation is key to achieving long-term success. Brandon Brittingham wrote Converting Units to Dollars: Elite Opts Property Management as a how-to guide on entering the property management business. With over a decade of experience as one of the top sellers on the Eastern Shore peninsula, Brandon breaks down the essential tools you'll need to hire the right people, tackle challenges head on, and extend your reach into ancillary businesses.
List of contents
PREFACE The Pros of Property Management The Challenges of Building a Property Management Business Taking a Savvy Financial Approach Your First Three Hires Agreements Leases Marketing Get Your Operations in Order The Move-In/Move-Out Process Building Ancillary Businesses CONCLUSION
About the author
BRANDON BRITTINGHAM is the CEO and team leader at The Maryland and Delaware Group of Long & Foster Real Estate. His real estate team was ranked by RealTrends as no. 1 in the state of Maryland and no. 5 in the nation in 2020. Under the umbrella of his real estate team, he created a property management division which grew from 0 to 1,200 doors within three short years. Today, Brittingham's property management team is no. 1 on the Eastern Shore of Maryland and in the entirety of Long & Foster. He has an extensive portfolio of rental properties himself-another layer adding to his personal experience and expertise. His passion is setting aside time to train, consult, and mentor so others can also build wealth and find success.
Summary
DON'T HESITATE TO THINK BIG Building a property management business is a great way to produce steady income; however, it isn't easy. Where do you start? How do you avoid pitfalls and overcome the roadblocks down the road? While property management can produce great rewards and results, proper planning and methodical preparation is key to achieving long-term success. Brandon Brittingham wrote Converting Units to Dollars: Elite Opts Property Management as a how-to guide on entering the property management business. With over a decade of experience as one of the top sellers on the Eastern Shore peninsula, Brandon breaks down the essential tools you'll need to hire the right people, tackle challenges head on, and extend your reach into ancillary businesses.
