Property Management Kit For Dummies Free PDF

Property Management Kit For Dummies Paperback

Author: Griswold | Language: English | ISBN: 1118443772 | Format: PDF, EPUB

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Property Management Kit For Dummies Free PDF
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From the Back Cover

Learn to:

Prepare your rental for tenants
Make your property stand out from the pack
Find and retain the best tenants

More than 250 sample contracts, checklists, and operational tools on the CD

Become a landlord and successfully manage your properties

Do you have what it takes to manage rental property? In Property Management Kit For Dummies you'll discover the right way to prepare your properties for prospective tenants, set the rent and security deposit, clean up properties between tenants, and verify rental applications. In no time at all, you can become a top-notch property manager by working efficiently with employees and contractors to keep your properties safe, secure, and profitable.

Consider hands-on management — evaluate your skills and personality to determine whether you should manage your property yourself or hire a management professional
Get down to the nitty-gritty — prepare the property for renting, create a reasonable rental contract, develop a comprehensive marketing and advertising campaign, and select tenants wisely
Manage your rental — get strategies for moving tenants in and out, collecting and increasing rent, retaining tenants, and dealing with pesky tenants
Assemble the right team — discover how to interview, screen, and hire the best employees and contractors to keep your property well-maintained and running smoothly
Money, money, money — discover the ins and outs of insurance, taxes, and ways you can increase your income beyond rent

Open the book and find:

Tips on managing your property yourself or hiring a pro
The lowdown on rent, security deposits, and rental contracts
Ways you can generate interest in your rental property online and using social media
Troubleshooting advice for rent collection problems and housing discrimination complaints
How to deal with vacancies, renovations, open houses, evictions, and more
State-by-state laws and strategies for handling landlord-tenant issues

CD Includes

More than 250 forms, including sample contracts and addendums, property inspection checklists, a real estate glossary, and other valuable tools for simplifying day-to-day operations

See the CD appendix for details and complete system requirements.

About the Author

Robert S. Griswold, MBA, is a successful real estate investor and property manager with a large portfolio of residential and commercial rental properties. He is the real estate expert for NBC San Diego, the lead columnist for the nationally syndicated columns "Rental Roundtable" and "Rental Forum," and co-author of Real Estate Investing For Dummies.

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Paperback: 432 pages
Publisher: For Dummies; 3 edition (February 18, 2013)
Language: English
ISBN-10: 1118443772
ISBN-13: 978-1118443774
Product Dimensions: 9.2 x 7.4 x 0.9 inches
Shipping Weight: 1.6 pounds (View shipping rates and policies)

Introduction 1

Part I: So You Want to Be a Landlord? 7

Chapter 1: Property Management 101 9

Chapter 2: Do You Have What It Takes to Manage Your Own Rental Property? 21

Chapter 3: Managing Your Property Yourself or Hiring a Pro 33

Chapter 4: Taking Over the Property 47

Part II: Renting Your Property 57

Chapter 5: Getting Your Rental Property Ready for Prospective Tenants 59

Chapter 6: The Big Three of Property Management: Rent, Security Deposits, and Rental Contracts 77

Chapter 7: FOR RENT: Generating Interest in Your Rental 95

Chapter 8: Handling Prospects When They Come A’Calling 125

Chapter 9: Strutting Your Stuff: Making Your Property Stick Out 147

Chapter 10: Eenie, Meenie, Miney, Mo: Selecting Your Tenants 167

Part III: The Brass Tacks of Managing Rentals 195

Chapter 11: Moving In the Tenants 197

Chapter 12: Collecting and Increasing Rent 219

Chapter 13: Keeping the Good Tenants (And Your Sanity) 235

Chapter 14: Dealing with Problem Tenants 245

Chapter 15: Moving Out the Tenants 261

Part IV: Techniques and Tools for Managing the Property 275

Chapter 16: Working with Employees and Contractors 277

Chapter 17: Maintaining the Property 291

Chapter 18: Keeping Safety and Security in Mind 307

Part V: Money, Money, Money! 327

Chapter 19: Two Necessities of Property Management: Insurance and Taxes 329

Chapter 20: Financial Management and Record-Keeping 341

Chapter 21: Finding New Ways to Increase Your Cash Flow 353

Part VI: The Part of Tens 373

Chapter 22: Ten Reasons to Become a Rental Property Owner 375

Chapter 23: Ten Ways to Rent Your Vacancy 379

Appendix: About the CD 385

Index 393

I share a beach house and wanted some more in depth information about handling roommates, but this book is not about that. Yes you can glean some information in that regard from many of the chapters but not specifically so. It is better to simply Google the subject because a lot has been written about it. This book is very specific for anyone who wishes to engage in the business of renting properties, or even for the person who wishes to rent just one property. There is no stone left unturned in this book, it is a rather complete treatise on the subject.

The included CD has 250 contracts on it so in a lot of cases you can save the trip to the attorney's office. The overwhelming attractiveness about this book is that it is written in plain English and without any legalese. Just as important is the fact that it is written street smart. This isn't a book created by a bunch of people who were formally educated in a saccharin environment and purport to know everything, but rather the real down and dirty about the situations you can get into, how to deal with them, and how to take the necessary measures that are important ahead of time in order to avoid them.

This book covers the way to do background checks, credit checks, how to get a signed agreement from your potential renter so you can call references and do a comprehensive screening. I am surprised at how many people rent properties based on a gut feeling about someone. Some of the best con artists are the ones that seem the most pleasing on the outside. In the book one example was given whereby someone pulled up in an expensive car, with an expensive suit and watch on, and needed to move in right away. They paid the security and first month's rent with a personal check and moved in right away.

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