Modules
In this video Rod shows you what you need to do immediately after closing to ensure you start on the right foot.
You’ll learn how to successfully take over management, inform tenants of the new management, and update tenant information. Rod also explains the importance of contacting the local police and fire department and contacting all current vendors. Next, you’ll move onto the financial pieces of a successful take over, and cover PO systems, setting up a property specific checking account, and accounting systems.
In this video you’ll learn:
• Why post acquisition steps and a plan are crucial
• The exact steps you want to do after acquisition
• Why you should prepare a letter for each tenant and what that letter should include
• Why you need to update tenant information
• Who you need to contact after acquisition
• Implementing a Purchase order system
• Setting up a property specific checking account
• Setting up accounting systems
• Setting up management systems
- Action Step1
- Action Step2
- Action Step3
