Many investors find the thrill of negotiating a deal to be the highlight when it comes to property investing and are less interested in the ongoing management.
Your investment starts, rather than finishes, when you buy. If you plan to own multiple properties then developing a system for managing the paper flow is both necessary and sensible.
Try to avoid the 'big shoebox' approach where you just accumulate every piece of paper the crosses your desk and instead keep accurate files that will make the job of managing and accounting for your investment much easier.
Consider investing in tools (such as Investment Detective) which can help you streamline the management.



