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Landlords Troubleshooter 3RD Edition Survival Guideby Robert Irwin
Synopses & Reviews
Rental properties make up nearly 40 percent of the housing market, with investors increasingly interested in hands-on landlording.
Becoming a landlord is not for the faint of heart! As tens of thousands of new investors join the ranks of landlords each year, they need a mentor willing to show them the ropes. In this third edition, experienced investor and landlord Bob Irwin takes newbie landlords step-by-step through the process, explaining what no one ever bothers to mention about the landlording game.
The Landlord's Troubleshooter is a clear, engaging guide that covers all the bases. It pays to start with the right property by analyzing the rental market. Then, active landlords learn proven techniques to:
* Find tenants who will pay on time.
* Avoid disputes using the sample forms and suggested language for every challenging situation.
* Deal with repairs, tenant problems, eviction, and security deposits.
* Understand liability, legal issues, and recent law changes.
* Cash out at the opportune moment to optimize the investment.
The Landlord's Troubleshooter offers savvy advice for the hands-on investor. This do-it-yourself landlording primer addresses what to do to avoid mistakes when renting properties, and outlines the best practices of the most successful landlords.
Book News Annotation:
What's the only acceptable answer a tenant can give for late rent? "Sorry I'm late. Here's the rent in cash." Drawing on many years of experience in the real estate industry, Irwin offers such tips, stories, and solutions to common problems facing rental property investors. He discusses how to identify good and bad rental property and tenants, and the legal aspects of renting including record-keeping, safety issues, and the Fair Housing Act.
Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)
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