Many of my articles here on RealData Insights have focused on the front end of income property investing — projecting cash flows and weighing the metrics that separate a potentially strong investment from one that falls short. It is easy to get wrapped up in the metrics of this process and to forget that eventually you’ll have to engage in the human and sometimes demanding business of actually managing the property you buy.
How you fulfill that task can go a long way toward determining the financial success of your investment. Property management can be a complex subject, but if you observe some basic principles you can maximize your long-term profit and minimize some of the burden.
