Customer Reviews

Practical Apartment Management

5 star:		(6)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

This book is a dense 350 pages, full of useful information - if you fit the target audience.

The first line on the back cover says this book "is for everyone who manages apartments, from the manager of a single building to the supervisor of scores of apartment buildings." I incorrectly assumed that would include, say, a single 10-20 unit building. This book covers every aspect of running the management office of a large scale (100+ unit) apartment complex, or multiple complexes. While it was interesting to see some of the tricks and systems and statistics that the big boys use, the focus of the information in the book wasn't terribly useful for someone like me.

If you're a small-time, buy and hold, real estate investor, managing your own properties, there are definitely better books for you than this one.

If you're heading down the path of professional property management (that is, managing property for other people) and have your license (which is required to manage property for other people), this will be a valuable book for you. It was written for IREM by someone who's been a CPM for 40 years! For that audience, this might be a 5 star book, but I couldn't say...

As for me, at least when I have more property than I can comfortably manage for myself, and need to hire professional property management, I'll know EXACTLY what to look for.

This book is an instructional marvel in pointing the ways to better market vacant units and understanding the steps in setting achievable rent levels.
The book's 400 pages provide solutions and techniques not found in any other apartment management text. Ed Kelley foretells the direction of apartment rentals; offers a program to improve competitiveness; and a step by step guide to increasing residents' average length of stay, that being the key to increasing the bottom line. I can't think of a property management situation that is not covered in this new edition.

For years our firm has used the "Kelley book" for training and reference. This new 6th Edition is completely different, nicely organized and packed full of new and timely ideas. Even our most seasoned managers have commented on how many different approaches and techniques they haved garnered from the new edition. This is a must read for today's apartment managers.

After receiving the book Wednesday, I planned to "have a look" over the weekend. I ended up reading it completely in just three days. It has a great flow. I felt like Kelley was right there in the room, walking me through the ins and outs of managing real estate. I start my Property Management course this Fall, and I now feel very comfortable about embarking on my new career.

A very educational book into the world of Apartment Management. This book goes into great detail and is very helpful for anyone looking to get into this type of career.
I'm very happy with the read.

For those of us actually earning our livings in property management, one realizes the full impact and value of this book within the first two pages. It tackles the relevant topics, and it does so with remarkable clarity, detail, facts, and most importantly, reality. This book is the real deal whether one is a single rental property owner or works in the industry, like I do. And finally, the author is so incredibly knowledgeable with actual experience on the topic, that the information leaps off the page as if he is talking it to you. "The Real Deal" - hands down!

Thank you for providing to me the product exactly as you specified in your detail of it. It was really in 'like new' condition. I hope to purchase from you again in the future.