Every Landlord's Guide to Managing Property : : Best Practices, From Move-In to Move-Out
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Revised edition of the author's Every landlord's guide to managing property, [2017].
Includes index.
Part-time residential landlords: the superheroes of rental housing -- What's your competitive edge? -- Selecting rental properties -- Discovering your inner handyperson: tips and tricks -- Preparing your rental unit for tenants -- The art of rental maintenance -- Working with service contractors -- Getting great tenants -- Starting the tenancy right: lease terms and onboarding process -- Effective landlord communications -- Moving tenants out -- Understanding and using professional services -- Tracking landlord income and expenses for tax time.
"This book is for do-it-yourself landlords who own a single-family home, condo, or small (less than four unit) rental property. This book discusses how to: retain good, long-term tenants with regular communication; handle nitty-gritty maintenance-from snow removal to toilet clogs to painting; avoid conflicts over late rent, unauthorized roommates, and clutter; limit costly tenant turnovers and vacancies; manage condos and deal with association restrictions; track income and expenses and do your own taxes; hire and work with contractors, lawyers, and others; and balance landlording with a day job or other pursuits. This edition is updated to cover the latest legal and business issues affecting landlords, including the pros and cons of incorporating as an LLC, how to estimate reserves with a capital expenditures (CAP EX) schedule, and guidelines for buying an occupied rental property"-- Provided by publisher.
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PUBLISHED
Berkeley, California : Nolo, 2021.
Year Published: 2021
Description: 464 pages : illustrations ; 23 cm
Language: English
Format: Book
ISBN/STANDARD NUMBER
9781413326833
1413326838
SUBJECTS
Real estate management.