Product Description

Thinking about becoming a landlord? Property Management Kit For Dummies, 2^nd Edition gives you proven strategies for establishing and maintaining rental properties, be they single family or multi-resident. You'll see how to prepare and promote your properties, select tenants, handle repairs, avoid costly mistakes and legal snafus — and meet your long-term goals. You’ll learn all the basics of the rental housing business — from finding and showing properties and dealing with tenants to record keeping and paying your taxes.

Now you can find out if you really have what it takes to successfully manage rental property and you’ll learn all about the various options for hiring someone else to manage your property for you. You’ll find out the right way to prepare your properties for prospective tenants, set the rent and security deposit, clean up properties, and verify rental applications. In no time at all, you can become a top-notch manager by working efficiently with employees and contractors to keep your properties safe and secure. Find out how to:

• Manage your time and money wisely
• Acquire a property and prepare it for tenants
• Make your property stand out and attract tenants
• Keep good tenants and get rid of bad ones
• Collect and increase rent
• Evaluate the different types of insurance and understand income and property taxes

Complete with lists of ten reasons to become a rental property owner, ten ways to rent your vacancy, and the ten biggest mistakes a landlord can make Property Management Kit For Dummies, 2^nd Edition will help you achieve your dream of being a successful rental property owner.

Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

Product Details

• Amazon Sales Rank: #33271 in Books
• Published on: 2008-09-02
• Original language: English
• Number of items: 1
• Binding: Paperback
• 432 pages

Features

• ISBN13: 9780470293294
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

From the Back Cover
The fun and easy way tomake managing propertiesboth profitable and enjoyable!

Thinking about becoming a landlord? This guide gives you proven strategies for establishing and maintaining rental properties, be they single family or multi-resident. You'll see how to prepare and promote your properties, select tenants, handle repairs, avoid costly mistakes and legal snafus — and meet your long-term goals.

• Learn all the basics of the rental housing business — from finding and showing properties and dealing with tenants to record keeping and paying your taxes

• Prepare your properties for prospective tenants — set the rent and security deposit, clean up properties, and verify rental applications

• Become a top-notch manager — work efficiently with employees and contractors to keep your properties safe and secure

• Manage your money wisely — evaluate the different types of insurance and understand income and property taxes

• Advice on whether you should manage the property yourself or hire a pro

• The latest on property management and rental housing laws

• Tips for handling vacancies, renovations, open houses, mandatory disclosures, rent increases, and evictions

• The pros and cons of lease options, working with public rental assistance programs, and maintenance alternatives

• Troubleshooting advice for rent collection problems, housing discrimination complaints, and environmental hazards

About the Author
Robert S. Griswold, MBA, is a successful real estate investor and hands-on property manager with a large portfolio of residential and commercial rental properties. He uses print and broadcast journalism to bring his many years of experience to his readers, listeners, and viewers.

Customer Reviews

Very readable
Even if you are going to hire a property manager, I still highly recommend this book. It gives you excellent tips on working with a property management firm and the tax benefits available for landlords.

Great Resource!
This is a great book for those just starting out and those who've been doing property management for a while. Its a great reference to keep around and the CD has lots of good stuff too. I'm glad I bought this...I threw out many of my other book!

Excellent Guide with Forms you need!
I truly felt this book was a gem. I read it non-stop for two days. It contains many different tenant scenarios with solutions as well as the author's experiences, which are all very useful. it takes you from beginning to end in that the author explains the importance of things like thorough cleaning before showing (granted you know this but sometimes you think well they will understand if I am right in the middle of getting it ready!... they do not), first impressions and such and even pet agreements (like meeting the pet itself before the lease signing to see how it acts) and taking a picture of the pet so the tenant cannot play switch on you (which they do). It gave lots of practical advice as well and what may or may not stand up in court. This guide was also very helpful in that I no longer have to search the internet when I need a form for something. It also gives the new landlord confidence in their ability to rent out and manage their properties. I have even passed on tips to professional property managers and they found it useful too! I loved it! GREAT FIND! Well worth the money.