This document discusses building a team and managing expenses for a property management business. It advises dividing large tasks into smaller pieces to accomplish goals. It also warns to avoid people who belittle ambitions and recommends creating a budget and financial forecast to control expenses in order to avoid crippling the business. Expenses mentioned include maintenance, utilities, taxes, insurance, and other operational costs.

1. Building a team Henry Ford Nothing is particularly hard, if you divide it into small pieces Mark Twain Stay away from people who try to belittle your ambitions, small people always do that, but the really great, make you feel, you too can become great ©The Property Management Course 2009

2. Budget Don’t allow expenses to creep up on you, this could cripple your business Costs, income & expenses Make a financial forecast Property software can do this Some of the expenses include the following: ©The Property Management Course 2009