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Every Landlord's Guide to Managing Property: Best Practices, from Move-In to Move-Out

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Product Description

Every Landlord's Guide to Managing Property: Best Practices, from Move-In to Move-Out

The ultimate property management guide for the do-it-yourself landlord!

Written for the millions of landlords who own a single-family home, condo, or small (less than four unit) rental property, Every Landlordâ€™s Guide to Managing Property covers everyday skills a hands-on landlord needs, including how to:

retain good, long-term tenants with regular communication
handle nitty-gritty maintenanceâ€•from snow removal to toilet clogs to painting
avoid conflicts over late rent, unauthorized roommates, and clutter
limit costly tenant turnovers and vacancies
manage condos and deal with association restrictions
track income and expenses and do your own taxes
hire and work with contractors, lawyers, and others, and
balance landlording with a day job or other pursuits.

The second edition is completely updated to cover the latest legal and business issues affecting landlords, including the pros and cons of incorporating as an LLC, how to estimate reserves with a capital expenditures (CAP EX) schedule, and guidelines for buying an occupied rental property.