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- A property management plan should include123:
- Analytical research on the regional and neighborhood market
- A thorough assessment of the specific property
- An alternative analysis
- Proposed financing and other recommendations that are in line with meeting the client’s objectives
- A description of the property as it appears on the deed, with precise locations for boundary lines
- The history of the land, including who owned it and how they used it
- Physical, market, and financial data as a guide to managing the property
- Making any capital improvements
- Screening potential tenants
- Drafting, signing, and renewing leases on behalf of property owners
- Collecting rent
- Maintenance of properties, including landscaping and snow removal
- Arranging for necessary repairs to properties
- Setting up and adhering to budgets for property maintenance
- Understanding state and national landlord-tenant laws and regulations
- Marketing properties
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Preparing the management plan involves analytical research on the regional and neighborhood market as well as a thorough assessment of the specific property. A comprehensive management plan will also include an alternative analysis, proposed financing and other recommendations that are in line with meeting the client’s objectives.www.lorman.com/resources/developing-an-effectiv…Your management plan should include a description of your property as it appears on your deed, with precise locations for your boundary lines. If possible, also include the history of your land. Who owned the land and for how long? How did they use the land (for agriculture, timber, etc.)?mylandplan.org/content/what-management-planWell-crafted management plans apply physical, market, and financial data as a guide to managing a property, including making any capital improvements. Planning can help owners and investors make asset management decisions, as in buy, sell, or hold.www.irem.org/learning/publications-news/blog/ire… Property Management Ch 2: Your Property Management Plan
A property management plan includes: A. an analysis of the present state of the property's physical condition B. nature of tenants, rents, and lease provisions C. what you expect to achieve and how you will achieve it D. all the answers are correct
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A property management plan includes: what you expect to achieve and how you will achieve it. nature of tenants, rents, and lease provisions. an analysis of the present state of the …
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A property management plan includes: An analysis of the present state of the property's physical condition, Nature of tenants,rents,and lease provisions, what you expect to achieve …
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