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The Unofficial Guide to Managing Rental Property

The Unofficial Guide to Managing Rental Property PDF Author: Melissa Prandi, MPM
Publisher: John Wiley & Sons
ISBN: 076459575X
Category : Business & Economics
Languages : en
Pages : 457

Book Description
The inside scoop . . .for when you want more than the official line So you've decided to invest in real estate--congratulations!--but now you need to know how you can best manage your property and maximize your profit. How much should you spend on renovations? Where will you find responsible tenants? And how can you keep on top of new government regulations? The Unofficial Guide? to Managing Rental Property answers these questions and many more, giving you insider guidance and valuable tips on managing and profiting from your investments. You'll find savvy advice on everything from legally setting rental criteria and managing properties part-time to successfully evicting delinquent tenants and collecting damages. This comprehensive, easy-to-follow guide reveals what other sources can't or won't, presenting unbiased recommendations to help you get the most out of your investments--and enjoy them! * Vital Information on finding and financing great rental property and calculating rent and profit. * Insider Secrets on selecting and retaining good tenants, ensuring on-time rent, and collecting late rent. * Money-Saving Tips for rehabbing a property and obtaining good tax advice. * The Latest Trends in writing legal, effective ads and interviewing and screening applicants to avoid potential problems. * Handy Forms and Letters for contracting new tenants and communicating with current occupants.

The Unofficial Guide to Managing Rental Property

The Unofficial Guide to Managing Rental Property PDF Author: Melissa Prandi, MPM
Publisher: John Wiley & Sons
ISBN: 076459575X
Category : Business & Economics
Languages : en
Pages : 457

Book Description
The inside scoop . . .for when you want more than the official line So you've decided to invest in real estate--congratulations!--but now you need to know how you can best manage your property and maximize your profit. How much should you spend on renovations? Where will you find responsible tenants? And how can you keep on top of new government regulations? The Unofficial Guide? to Managing Rental Property answers these questions and many more, giving you insider guidance and valuable tips on managing and profiting from your investments. You'll find savvy advice on everything from legally setting rental criteria and managing properties part-time to successfully evicting delinquent tenants and collecting damages. This comprehensive, easy-to-follow guide reveals what other sources can't or won't, presenting unbiased recommendations to help you get the most out of your investments--and enjoy them! * Vital Information on finding and financing great rental property and calculating rent and profit. * Insider Secrets on selecting and retaining good tenants, ensuring on-time rent, and collecting late rent. * Money-Saving Tips for rehabbing a property and obtaining good tax advice. * The Latest Trends in writing legal, effective ads and interviewing and screening applicants to avoid potential problems. * Handy Forms and Letters for contracting new tenants and communicating with current occupants.

The Basic Guide to Residential Property Management

The Basic Guide to Residential Property Management PDF Author: JC Project Consulting
Publisher: PDT
ISBN:
Category : Business & Economics
Languages : en
Pages : 37

Book Description
Residential property management refers to the supervision and maintenance of residential properties on behalf of property owners. This includes managing rental properties, ensuring that they are well-maintained, handling tenant issues, and maximizing the property's profitability. Residential property management is a profession that requires knowledge of various areas such as property maintenance, tenant relationships, legal regulations, financial management, and marketing. The importance of residential property management cannot be overstated. It plays a crucial role in ensuring that both property owners and tenants have a positive and mutually beneficial experience. For property owners, hiring a professional property manager can alleviate the stress and responsibilities that come with owning rental properties. Property managers take care of all the day-to-day operations, from advertising vacancies and screening tenants to collecting rent and coordinating repairs. This allows owners to focus on other aspects of their lives or invest in additional properties. On the other hand, tenants benefit from having a property manager who is responsible for the upkeep of the property. A good property manager ensures that maintenance issues are addressed promptly, common areas are well-maintained, and that tenant concerns are dealt with in a timely manner. They also provide a point of contact for any emergencies or urgent situations that may arise.

The Book on Managing Rental Properties

The Book on Managing Rental Properties PDF Author: Brandon Turner
Publisher: Biggerpockets Publishing, LLC
ISBN: 9780990711759
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 370

Book Description
No matter how great you are at finding good rental property deals, you could lose everything if you don't manage your properties correctly! But being a landlord doesn't have to mean middle-of-the-night phone calls, costly evictions, or daily frustrations with ungrateful tenants. Being a landlord can actually be fun IF you do it right. That's why Brandon and Heather Turner put together this comprehensive book that will change the way you think of being a landlord forever. Written with both new and experienced landlords in mind, The Book on Managing Rental Properties takes you on an insider tour of the Turners' management business, so you can discover exactly how they've been able to maximize their profit, minimize their stress, and have a blast doing it! Inside, you'll discover: - The subtle mindset shift that will increase your chance at success 100x! - Low-cost strategies for attracting the best tenants who won't rip you off. - 7 tenant types we'll NEVER rent to--and that you shouldn't either! - 19 provisions that your rental lease should have to protect YOU. - Practical tips on training your tenant to pay on time and stay long term. - How to take the pain and stress out of your bookkeeping and taxes. - And much more!

Rental Property Investing QuickStart Guide

Rental Property Investing QuickStart Guide PDF Author: Symon He
Publisher: ClydeBank Media LLC
ISBN: 1636100104
Category : Business & Economics
Languages : en
Pages : 309

Book Description
THE ULTIMATE BEGINNER'S GUIDE TO RENTAL PROPERTY INVESTING IN THE POST-PANDEMIC MARKET INCLUDES 8 HOURS OF ONLINE REAL ESTATE COURSES FROM THE AUTHOR + MULTIPLE FREE REAL ESTATE INVESTING TOOLS - FREE! Do you want to learn how to leverage rental property investment to produce lasting passive income, achieve financial freedom, create freedom of time, and build true wealth? Have you purchased rental property investment 'training' with so-called 'gurus' and come away with a lighter bank account and no clear path to rental property investing success? If so, look no further than Rental Property Investing QuickStart Guide, the most comprehensive, practical, beginner-friendly rental property investing book ever written. Owning rental property is the best way to generate a passive income stream, period. While other investment vehicles may come and go, rental property investing has stood the test of time. Direct real estate investments-and the income generated by rental properties-play a major part in minting millionaires on a regular basis. Not only do rental property owners enjoy positive cash flow in the form of rents paid, but each of the properties they own appreciates in value. With tax-advantaged profits and a high degree of control over your investments, rental property investing is an attractive and streamlined approach to wealth creation. In Rental Property Investing QuickStart Guide, bestselling author, course instructor, real estate investor, and veteran consultant Symon He breaks down everything that aspiring real estate investors need to know to build a thriving rental property portfolio. With over 300,000 students in nearly 180 countries and a bestselling real estate investing book under his belt, Symon knows exactly what new investors need to get right, what they should avoid, and how they can protect themselves from risk on their rental property investing journey. Successful rental property investors enjoy lasting financial freedom. Whether you are a complete beginner or want to grow an existing rental property portfolio, with Symon's expertise at your disposal you can accelerate your rental property investing journey and live the life you deserve!

Property Management Manual

Property Management Manual PDF Author: H. John Fisher
Publisher:
ISBN: 9780692293355
Category : Landlord and tenant
Languages : en
Pages : 292

Book Description
Rental property management is a demanding profession, no matter how many units you own or maintain. This book, authored by H. John Fisher and produced by Way Finders - now in the fourth printing of its sixth edition - has become a standard text. Property Management Manual for Massachusetts Rental Owners, in easy-to-understand language, addresses these key topics: (1) Basic law and regulations currently governing the relationship between owners of rental property in Massachusetts and their tenants; (2) Effective legal procedures and processes; and (3) Good rental management practices.

The Complete Guide to Investing in Rental Properties

The Complete Guide to Investing in Rental Properties PDF Author: Steve Berges
Publisher: McGraw Hill Professional
ISBN: 0071458379
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Maximize profits in the single-family and multi-unit rental market You probably know that small rental properties are among the safest, most affordable, and most profitable investments around. With the a little help, however, you can minimize both your investment and your costs and send your profits straight through the roof! In this comprehensive handbook, real estate investing expert Steve Berges reveals the secrets that have made him one of the most successful entrepreneurs in the field. He shows you all of the indispensable tricks of the trade, explains why they are so important, and connects them to other essential steps for super-profitable investing. Arming you with his Five Golden Rules for Success, Steve Berges also shows you how to: Select a house and negotiate the best price and terms Perform a comprehensive financial analysis to maximize value Secure financing and prepare for your closing Find qualified tenants and draft favorable lease agreements Reduce operating costs, increase rents, and improve profitability Avoid the little-known pitfalls of real estate investing With Steve Berges' expert guidance and no-nonsense advice, you can maximize your investment, minimize your time and effort, and make the most of every foray into the real estate market.

Renting Out Your Property For Dummies

Renting Out Your Property For Dummies PDF Author: Melanie Bien
Publisher: John Wiley & Sons
ISBN: 1119977347
Category : Business & Economics
Languages : en
Pages : 527

Book Description
Everything potential landlords need to know about the UK rental market Renting Out Your Property For Dummies is the essential roadmap to successful property letting. This easy-to-read guide walks readers through every step of renting out their property - showing how to avoid legal problems, find and keep the best tenants, maintain the property and maximise their rental income. As well as lots of helpful advice, it contains a wealth of sample forms and standard letters that can be used when dealing with their own tenants. Crucially, it is fully up to date on all the latest legislation including the Tenancy Deposit Scheme and Energy Performance Certificates (EPCs). Renting Out Your Property For Dummies covers: How to prepare a rental property for prospective tenants Tackling rent, deposits and tenancy agreements Deciding whether to manage the property yourself or to hire an agent Essential information on financial management and record-keeping

Every Landlord's Guide to Managing Property

Every Landlord's Guide to Managing Property PDF Author: Michael Boyer
Publisher: Nolo
ISBN: 1413326846
Category : Law
Languages : en
Pages : 481

Book Description
The ultimate property management guide for the do-it-yourself landlord! Written for the millions of landlords who own a single-family home, condo, or small (fewer than four units) rental property, Every Landlord’s Guide to Managing Property covers everyday skills a hands-on landlord needs, including how to: retain good, long-term tenants handle nitty-gritty maintenance such as snow removal, toilet clogs, and painting avoid conflicts over late rent, unauthorized roommates, and move-out procedures limit costly tenant turnover and vacancies manage condos and deal with association restrictions track income and expenses and prepare for tax time hire and work with repairpersons, lawyers, and other contractors, and balance landlording with a day job or other pursuits. The third edition is completely updated to cover the latest issues affecting small-scale landlords, including updates to tax laws, new tools (online and offline) for managing rentals, and advice on incorporating rental properties into a FIRE or side hustle strategy.

Practical Apartment Management

Practical Apartment Management PDF Author: Edward N. Kelley
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 408

Book Description


First-Time Landlord

First-Time Landlord PDF Author: Janet Portman
Publisher: Nolo
ISBN: 141332794X
Category : Business & Economics
Languages : en
Pages : 337

Book Description
The 101 on earning rental income from a single-family home Do you own a house you’d like to rent out rather than sell? It’s a common scenario in today’s market, especially if you’ve inherited a house, are moving to another home, or are buying an investment property. And it may mean you’re about to be a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes. Learn your legal obligations. Estimate costs and profits. Choose good tenants and avoid problem ones. Make the most of valuable tax deductions. Handle repairs and property management tasks. The 5th edition is updated to cover major legal changes, in particular how the Tax Cuts and Jobs Act created pass-through deductions that can benefit landlords. Includes sample forms and budget worksheets.