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Over 17.2 million Americans invest in rental real estate. However, most landlords and professional property managers fail to make this investment as successful as it could be because they are often working without an organized and effective system.
Investing in real estate and renting the property to tenants can be a financially rewarding proposition, if you treat it like a business. Millionaire real estate investor and best selling author Robert Shemin's new book Secrets of a Millionaire Landlord recommends treating tenants as valuable customers (and carefully screening them before they become your tenants), buying the right kinds of properties, making the units nicer than the competition, and sticking with proven policies and management procedures.
By following Shemin's tips and using the charts and checklists found at the back of the book, landlords and property managers will avoid the headaches and hassles that plague many landlords, while also putting into place a strong money making business model.
| Introduction: The Landlord's Journey Begins | ||
| 1 | Why Landlording? | 1 |
| 2 | Types of Properties | 9 |
| 3 | Getting Started as a Landlord | 19 |
| 4 | Handling Maintenance Requests | 29 |
| 5 | Finding Good Tenants | 39 |
| 6 | Moving Tenants In | 53 |
| 7 | Collecting All of the Rent, All of the Time | 63 |
| 8 | Taking the Headaches Out of Maintenance | 73 |
| 9 | Keeping Good Tenants | 83 |
| 10 | Evictions, and How to Avoid Them | 95 |
| 11 | Letting the Tenant Rent-to-Own | 105 |
| 12 | Protecting Your Interests with Insurance | 115 |
| App. A | Property Acquisition and Financing | 125 |
| App. B | Quick Landlording Forms | 131 |
| App. C | Sample Lease and Addenda | 167 |
| App. D | Rental Application and Office Forms | 191 |
| Index | 197 |
Anonymous
Posted November 24, 2005
I liked this book more then others I had read. The book gives you more then just theory, it gives you advice on if this happens do this, and don't do this if this happens. Also there are quick landlording forms like returned check notice, welcome letters, move in inspection report, etc. This is a easy to read, very interesting and great book for anyone, expecially those just starting out in real estate.
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Overview
Over 17.2 million Americans invest in rental real estate. However, most landlords and professional property managers fail to make this investment as successful as it could be because they are often working without an organized and effective system.
Investing in real estate and renting the property to tenants can be a financially rewarding proposition, if...