Millions of rental properties are owned by individual, in some cases accidental landlords, who appreciate a concise, easy-to-understand guide to handling the legal and practical aspects of the business, so as to avoid hassles and time sinks and reap maximum profits. This book provides an authoritative primer on how to enter the rental property business, complete with stories and lessons from experienced landlords.
First-Time Landlord, a consistent customer favorite, shows how to start a landlording business and maintain it in ones spare time.
Contains concise information on how to make money with a single-family home without getting into financial or legal hot water.
Readers will learn how to rent out a property lawfully and safely, assess profitability before buying or committing to renting a property, find good tenants (or deal with difficult ones), prepare and sign the lease, handle repairs and maintenance, comply with state laws, and when the time is right, sell at a profit.
With timely tips and true stories from successful landlords (including some who learned tough lessons along the way), First-Time Landlord is an indispensable book for property owners who want to rent out a single-family home.