Episode 6: Creating Standard Operating Procedures For Your Business
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Ready to be a serious rental property business owner?
This episode is all about creating Standard Operating Procedures. What are those?
That’s your Operations Manual, you know, the written procedures of what you do for every task to manage your rental properties.
Why do you need them? Give this episode a listen where we give you plenty of solid reasons as to why these are of utmost importance.
We cannot stress enough what being an organized, forward-thinking entrepreneur will do to take your investment portfolio to the next level.
No matter where you are in your rental property journey, THIS episode might be the most important one you ever listen to.
LINKS:
Book: The E-Myth Revisited; Why Most Small Businesses Don’t Work and What To Do About It.
E-Myth \ ‘e-,’mith\ n 1: the entrepreneurial myth: the myth that most people who start small businesses are entrepreneurs 2: the fatal assumption that an individual who understands the technical work of a business can successfully run a business that does that technical work
Our Blog: Make It A Family Affair; How Landlords Can Employ Their Children for Tax Breaks, has a pretty solid list of all the items you should consider including when you implement this manual.
FREE Download: Your Landlord Resource, Landlord Verification Form
Our Landlord Verification Form is perfect to use when inquiring with previous landlords during applicant background checks.
This PDF form can be emailed directly to the previous landlord or used as a guide when calling the landlord directly.
We have left room at the top for personalization. Just add your business logo and name!
This form will help landlords:
- Learn exactly what’s needed to know about the applicant’s behavior with the previous landlord(s).
- Streamline your background check process to be more efficient and consistent.
- Look professional in your landlord business.
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