Portfolio Management
A focused learning module to guide you step-by-step on your property investment journey.
Managing multiple properties requires systems, processes, and strategic thinking to maximize returns while minimizing stress and time commitment.
1. Property Management Options
Self-Management vs. Professional Management
Self-Management
- Save on management fees (8-12%)
- Full control over tenant selection
- Time-intensive
- Requires knowledge of rental laws
Professional Management
- Handles tenant issues 24/7
- Expert knowledge of rental laws
- Frees up your time
- Costs 8-12% of rental income
2. Tenant Selection
Good tenants are crucial for successful property investment. Always conduct thorough credit checks, verify employment, and check references from previous landlords.
3. Maintenance Planning
Regular maintenance prevents costly repairs and keeps properties attractive to tenants. Create a maintenance schedule and budget 1-2% of property value annually for maintenance.
4. Scaling Your Portfolio
As you build equity in existing properties, you can use that equity to finance additional purchases. This strategy, called "leveraging," can accelerate portfolio growth but increases risk.
Toolkit
Interactive resources at your fingertips
Essential resources, templates, and checklists to help you on your home buying journey. Click View to explore each resource in detail.
Portfolio Tracker
TemplateTrack all your investment properties in one place