Thinking about becoming a landlord? "Property Management Kit For Dummies, 2nd 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 wiselyAcquire a property and prepare it for tenantsMake your property stand out and attract tenantsKeep good tenants and get rid of bad onesCollect and increase rentEvaluate 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, 2nd 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.
I really liked this book, it has a lot of information. whether you have 1 unit or 100, you sometimes need more backing and information. this was one of the books i appreciated and bought when looking for guidance with selecting tenants and running my properties.
This book is fantastic. I have read other reviews that say it's only for beginners. Well, I am a beginner, and it was incredibly helpful for me, and something that I will want to revisit even as I become more experienced. It was a tad outdated in some instances but up to date enough to explain why it's not good to accept rent via Venmo - advice I highly appreciate.
If you are an anxious person wondering about every single thing that could ever possibly go wrong, this book covers all those little things so you can put them in your rental contract or prepare properly for them and sleep peacefully at night.
I rented this from the library, but it is more than worth buying a copy to keep around to thumb to a particular topic you need to read up on again.
This is a great book that discusses the basics of how to be a landlord/ property manager. It talks about how to find, screen, keep, and (should the worst case scenario happen) evict tenants. I liked the plain language format and the straightforward approach of the book.
This book has info that I have not read anywhere else, such as what to do incase of bedbugs or how to reward good tenants.
I would recommend this book for any new landlords or property managers. It can be a tough position, and this book can simplify the job.
If you literally never have rented an apartment or watch any online video, this is a starting space. But its 20+ years old. When a 'hot new amenity' is internet access or using a computer for accounting, you need the find newer information. This is the basic of basic intros. Good foundation to build from; but you MUST have more if you want to succeed in the future.
Property Management Kit For Dummies is a great starting point for understanding real estate. It's very basic, which I see as a positive. I'm a financial analyst with a BS in finance and a strong grasp of stocks, bonds, and other financial products, but I’ve always lacked knowledge in real estate. This book helped fill that gap in my financial understanding.
Waste of time. I've managed property for 210 plus years and find nothing new or even informative. Lots of half baked ideas that don't work in the real world.
I read this book looking for the ins and outs of how I am treated as a tenant. It had insightful information about rules and regulations property managers adhere to. Additionally, it gives some interesting insight into how property managers view their relationship with the tenant.