Ron Cadman: Vital Aspects of Real Estate Investment Management
Ron Cadman: Vital Aspects of Real Estate Investment Management The feeling you get when you own a piece of real estate is like no other. But as glamorous as owning real estate may seem, the nuts and bolts of owning real estate -- or, real estate investment management -- is anything but glamorous. Nonetheless, it’s one of the most important aspects of owning your own income property, according to real estate investor Ron Cadman. Here’s a rundown on a couple vital aspects of real estate investment management you need to know this spring. The first essential aspect is the management of the property itself, or assuming responsibility for daily tasks associated with owning your property. This includes dealing with your rental property tenants, which includes rent collection and handling complaints and requests. It also involves making sure that tenants aren’t breaking lease agreement rules, and moving forward with evictions as needed. Property management also involves marketing the p...