The Accidental Landlord: How to Rent Your Home When It Doesn't Make Sense to Sell It

by Danielle Babb Ph.D., MBA

Overview

Don’t sell for less!

The fastest-growing opportunity this side of the real estate bubble.

For everyone who needs to move but doesn’t want to sell their house for less than they paid, this book outlines a profitable new option that many desperate sellers fail to consider: rent it and become a landlord, at least until a market re-boom. This book alleviates every fear, and outlines every step of the way to a real estate success. Includes:

• Rental agreements

• Preparing the rental property

• Assessing personal responsibilities

• Working with a management company or by one’s self

• Evaluating potential renters

• Collecting rent

• Insurance coverage, and more

Product Details

ISBN-13:	9781440652219
Publisher:	DK
Publication date:	10/07/2008
Sold by:	Penguin Group
Format:	eBook
Pages:	288
File size:	3 MB

About the Author

Dani Babb, PhD, MBA, is the founder of The Babb Group, and has been its CEO for more than 10 years. An author, professor of business, and TV commentator with appearances on NBC, Fox, CNN, and others, she specializes in educational consulting for online education and professorial staffing. Her books include The Accidental Landlord and The Accidental Startup.

Table of Contents

1 The Costs Associated with Renting Your Home 1
2 Pros and Cons of Becoming a Landlord 11
3 Are You Cut Out to Be a Landlord? 19
4 You've Decided to Rent, Now What? 27
5 Lease Agreements 101 45
6 Getting Your Property Rented 61
7 Getting Your Home Ready to Rent 71
8 Advertising and Marketing Your Home 77
9 Money Matters 87
10 Evaluating Tenants 99
11 Managing Your Property Yourself 127
12 Tenant Troubleshooter 137
13 Time to Sell or Time to Dwell 151
14 Refinancing Your Rental Property 159 Appendixes A Glossary 179 B Fast Forms 203 C Resources 255 Index 257

Editorial Reviews

The book covers many topics, starting with a sound approach for determining whether owning a business is the right move for you at this stage of your life. From there, the book transitions to practical matters. Other books cover similar ground, but this book does a great job of covering all of the most important topics in a single book. We do many business book reviews each year, and this is one of our favorites. It's a must-read for new entrepreneurs.”
—Gaebler, Resources for Entrepreneurs

From the Publisher