Synopses & Reviews
Synopsis
Whether you're ready for a new entrepreneurial opportunity or considering renting out a home instead of selling, you'll need to learn the basics of being a landlord.
Let
First-Time Landlord show you how to start your landlording business and maintain it in your spare time. Get the concise information you need to start making money with a single-family home, written for property owners with little business savvy -- and even less time and patience. Learn how to rent out your property lawfully and safely with valuable information on:
- how to determine whether the property will turn a profit
- landlord business basics
- finding the right tenants
- preparing and signing the lease
- handling repairs
- complying with your state's rental laws
- dealing with problem tenants, and
- preparing for sale of the property.
From timely tips to true stories from successful landlords,
First-Time Landlord is an indispensable book for property owners who want to rent out a single-family home without the hassle -- quickly, efficiently and legally.
Synopsis
The 101 on earning rental income from a single-family home Do you own a house you'd like to rent out rather than sell? It's a common scenario in today's market, especially if you've inherited a house, are moving to another home, or are buying an investment property. And it may mean you're about to be a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes.
- Learn your legal obligations.
- Estimate costs and profits.
- Choose good tenants and avoid problem ones.
- Make the most of valuable tax deductions.
- Handle repairs and property management tasks.
The 4th edition is updated to cover the latest laws and practices affecting first-time landlords of single-family homes. Includes samples of forms every new landlord needs, including a rental application and budget worksheet.