DescriptionThis book covers the entire cycle of becoming a successful landlord. Written in an accessible format by the entire team of completelandlord.com, this book provides valuable information for landlords from a staff of real estate experts. Readers will find essential information on:
- What a new landlord can expect
- How to determine which is the best property to invest in
- How to keep accurate records, rental agreements and leases
- How to deal with tenants
- How to screen tenants
- How to market your property to tenants
- How to manage the day-to-day responsibilities of a landlord
List of Icons.
SECTION ONE: WHAT ARE YOU GETTING YOURSELF INTO?
Chapter 1 Residential Real Estate as the Ultimate Storehouse of Value(s).
Chapter 2 Why Investing in Residential Rental Property Will Get You Where You Want to Go Faster at Less Risk.
Chapter 3 The Pros and Cons of Landlording: Do You Have What It Takes?
Chapter 4 Think Like a Real Estate Mogul: Build a Winning Strategy, Plan and Build the Team to Match.
SECTION TWO: INVESTING IN RESIDENTIAL PROPERTY FOR INCOME.
Chapter 5 Which Rental Properties Are Right for You?
Chapter 6 Property and Investment Analysis.
Chapter 7 Sourcing Investment Rental Property: Searching for Bargains and Adding Value.
Chapter 8 When Should You Sell? Trick Question! Hardly Ever.
SECTION THREE: PROPERTY MANAGEMENT AND YOUR LANDLORDING RESPONSIBILITIES.
Chapter 9 Legal and Financial Considerations.
Chapter 10 Maximizing Cash Flow.
Chapter 11 Tax Planning for Landlords.
Chapter 12 Insuring Your Rental Property.
SECTION FOUR: PLAN THE WORK, WORK THE PLAN.
Chapter 13 Beyond Record Keeping: Choose the Right Systems, Metrics, and Policies.
Chapter 14 Handling Maintenance, Repair, and Construction.
SECTION FIVE: RESIDENTS.
Chapter 15 Taking Over and Finding and Showing Tenants Property.
Chapter 16 Screening and Choosing the Best Tenants.
Chapter 17 Rental Agreements, Leases, and Other Forms.
Chapter 18 Rent: Pricing, Collecting, and Tracking.
Chapter 19 Communicating with Your Tenants.
Chapter 20 How to Keep Good Tenants . . . and Cope with Bad Ones.
SECTION SIX: WHERE TO FROM HERE? NEXT STEPS.
Chapter 21 Should You Do It Yourself or Hire a Property Management Company?
Chapter 22 Continuing Your Landlording Education.
Appendix A Summary of Icon Information in Appendix.
Appendix B Tour of the CompleteLandlord Site with Free Trial Membership Offer.
Appendix C Essential CompleteLandlord Worksheets, Checklists, and Other Forms.
Appendix D Associations and Other Resources.
Appendix E Managing Risk and Limiting Personal Liability as a Landlord.
Appendix F Questions Frequently Asked by Landlords.
Appendix G Questions Frequently Asked by Tenants.
Appendix H Glossary of Landlord Terms.