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Property Management for Dummies
List Price: $21.99Our Price: $14.95 You Save: $7.04 (32%)Prices subject to change.
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Binding: Paperback
Dewey Decimal Number: 333.3385068
EAN: 9780764553301
Edition: 1
ISBN: 0764553305
Label: Wiley Publishing, Inc.
Manufacturer: Wiley Publishing, Inc.
Number Of Items: 1
Number Of Pages: 384
Publication Date: April 15, 2001
Publisher: Wiley Publishing, Inc.
Studio: Wiley Publishing, Inc.
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Editorial Review:
You'll need to wear many hats in the business of property management: advertiser/promoter (in seeking tenants), host (in showing your property), handyman (in keeping up with and arranging repairs), bookkeeper (in maintaining records), and even counselor (in dealing with tenants and their problems). But Property Management For Dummies will help you maintain your sense of humor – and your sanity – as you deal with these challenges and more.
You may become an unintentional property owner – someone who inherited a house from a relative and didn't want it to sit idle, or someone who transferred to a job in another city and decided to rent your home rather than sell it – or you may have entered the world of property ownership intentionally. Either way, real estate offers one of the best opportunities to develop a steady stream of residual income.
Property Management For Dummies is organized by specific topic areas, so you can easily and quickly scan a topic that interests you, or you can troubleshoot the source of your latest major headache. You'll discover how to - Evaluate your skills and personality to see whether you have what it takes to be a landlord
- Keep your units occupied with paying tenants who don't destroy your property
- Move in your new tenants and move them out – and everything in between
- Assemble the right team of professionals to help you, from employees to contractors
- Insure your property and understand the taxes that go with it
- Look for additional sources of income beyond rent, including the opportunities and pitfalls of lease options
While many of life's lessons can be uncovered by trial and error, property management shouldn't be one of them – the mistakes are too costly and the legal ramifications too severe. In this book, you'll find proven strategies to make rental property ownership and management not only profitable but pleasant as well.
Customer Reviews
Average Rating: 
Rating:  - Great overview of property management
This book offers a fantastic overview of property management for someone who has no idea about it. Very easy to read and well set out into small subsections.
Rating:  - Best Investment I've Ever Made
I just paid off my house mortgage and decided that it might be a good idea to invest in a rental property. I didn't have a clue as to what that might entail, in fact, the only time I ever lived in a rental was for two years and we rented from my in-laws. Talk about clueless! This book is incredible! It takes you step-by-step through all the aspects of owning a rental property and even has forms and lists you can use. It tells you how to check out prospective tenants, how to show the property ... Read More
Rating: - Very informative. I am satisfied.
This book has been very satisfactory and I will probably read it again a couple of times. In fact, I think I'll start reading it again today. I recommend it to any neophyte property manager.
Rating: - Moving Out Tenants Section Outstanding
This is a great book for the reference shelf of almost all rental property owners or landlords.
I particularly like the section on Moving Tenants Out. I have been managing tenants for about 7 years in rental properties that I own, but after reading the section, I realilzed that I had been overlooking several useful techniques.
The best technique of all was to send the tenants a "Move-Out Information Letter." The letter thanks the tenants for making your rental ujnti their ... Read More
Rating:  - Nothing for Condos
Although I knew this book was written for rental property management and not condos, I hoped it would have at least a couple chapters of overlap that condo property managers could use. Even though I have not been a condo property manager (I rented property in the past), I got nothing out of this book. The author of this book took the title too seriously. It seems written for people who have no understanding of rental property management in this country. Take a close look at the table of contents before ... Read More
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