Consumption and Real Estate
The Rental Property Manager’s Toolbox: A Complete Guide Including Pre-Written Forms, Agreements, Letters, And Legal Notices: With Companion CD-ROM
Take a look through the Forbes annual issue of the richest Americans, and you will find a majority of those personal fortunes have something to do with real estate. Real estate rental income rarely experiences wild swings in value, instead providing predictable returns at many times the rate of money market accounts or CDs. In addition, there can be substantial tax advantages as well. However, being the “landlord” can be difficult, time consuming, and potentially wrought with financial and legal obstacles. This new book will make the process of managing your rental properties easier. This new book and companion CD-ROM will teach you how to avoid headaches, hassles, and lawsuits by learning how to professionally manage your rental property. Maximize your profits and minimize your risks. Learn about advertising, tenant screening, managing tenants, legal rights, landlord rights, discrimination, vacancies, essential lease clauses, crime prevention, drugs, gangs, security issues, as well as premises liability, security deposits, handling problems, evictions, maintenance, recordkeeping, and taxes. The CD-ROM contains dozens of forms, sample contracts, letters, notices, rental applications, agreements and checklists. It includes topics such as evicting irresponsible tenants, collecting damages, running multiple properties, handling complaints, emergency procedures, expenses, and utility management. We spent thousands of hours interviewing and e-mailing real estate property managers and investors. This book is a compilation of their secrets and proven successful ideas. If you are interested in learning hundreds of hints, tricks, and secrets on how to make money (or more money) on managing your rental properties, then this book is for you. Instruction is great, but advice from experts is even better, and the experts chronicled in this book earn ,000 to 0,000 per month managing rental properties. Inside the pages of this new exhaustively researched guide you will find a jam-packed assortment of innovative ideas that you can put to use today.
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(out of 12 reviews)
List Price: $ 29.95
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Review by Maria Connolly for The Rental Property Manager’s Toolbox: A Complete Guide Including Pre-Written Forms, Agreements, Letters, And Legal Notices: With Companion CD-ROM
Rating:
Did you know that December is the worst month to rent property? And that the best months are June and July? If you are a property manager, The Rental Property Manager’s Tool Box is an essential reference and serves as a powerful tool in your management belt!
The Rental Property Management’s Tool Box is a highly readable and comprehensive guide to successful property management, whether employed by a firm, self-employed, or anyone thinking of starting a career in the lucrative field of property management. Useful case studies serve to further bolster the well-researched information explained in the chapter.
The ten chapters of this book extensively cover the course of managing property, beginning with a thorough explanation of the role and function of property management. The book provides a current and historical definition of property managers and its place in the field of real estate. A special mention is made on the professional stature of managers in the field, as well as professional associations that wield great influence on the profession.
While the responsibilities of the property manager are discussed in great detail, The Rental Property Manager’s Tool Box does a superb job of explaining the legal, financial, and marketing responsibilities that fall on the property manager’s shoulders. Though not always in the property manager’s purview, a conscientious property manager develops these skills in order to yield the maximum investment return on rental properties.
Chapter 7 enumerates the many contractors and service providers that a property manager encounters in his career, and discusses many ways to cultivate special relationships with all. Two substantial chapters are devoted to tenants–how to identify viable tenants, and what to do when tenants become problematic–are especially useful for anyone that deals with rental property.
User-friendly in nature with easy to read text and layout, the book is also illustrated and includes a very useful glossary, providing over fifty pages of property management terms as well as an extensive selection of sample rental agreements and most commonly-used forms. They are easily reproduced as a handy CD is provided as part of the book package. The book also has an easy to use index, providing quick access to the book’s range of subjects and topics.