New PDF release: American Landlord: Everything U Need to Know about Property

By Trevor Rhodes

ISBN-10: 0071545182

ISBN-13: 9780071545181

The definitive advisor for each landlord

Whether you simply have an additional room to hire or a becoming condo empire, you continue to want trustworthy info and professional recommendation to ensure you do it correct. Drawn from years of expertise aiding hundreds of thousands of landlords, American Landlord leads each person from the recent landlord to the previous seasoned via all of the bits and bobs of estate administration. Inside:
• procuring and protecting condominium properties
• effectively advertisements your vacancies
• adequately and securely screening your applicants
• successfully facing not easy tenants
• realizing condominium kinds and agreements

Bonus CD-ROM Features: Ready-to-print condominium functions, rent agreements, checklists plus landlord-tenant legislation for all 50 states, and masses extra!

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Additional resources for American Landlord: Everything U Need to Know about Property Management

Example text

J. Harrington Arizona Landlord I was pretty gung ho with my first rental. Everything was upgraded and spotless; I even added brand-new stainless steel appliances. Needless to say, I had no problem renting the unit—the first time. The tenants ended up scratching the heck out of the dishwasher and refrigerator. I don’t fault them or their kids as much as myself for not realizing that it really wasn’t worth my effort to get the rental model ready, especially since I was charging only $1500 per month.

Many newspapers either will post your ad online at no additional cost or will do so for a modest fee – and if that’s the case, you should seriously consider paying the extra couple of dollars, as there are significantly more people surfing the Web for listings than looking through newspapers. If you own more than a couple of units and have to fill several vacancies throughout the year, it is strongly recommended that you inquire about signing an annual advertising contract with your local newspaper – especially if your initial campaigns have proven in past times to be effective.

Org offers a similar, but free classified-style website where you can post your vacancy and possibly receive a significantly greater response. Should you decide to use a popular posting board such as Craig’s List, you will want to be especially careful with your screening process, as you are more likely to have to weed through more “shot-in-the-dark” inquiries from free ads. ) Pay for Performance Õ This is exactly what the phrase suggests: You only pay when the service performs for you. In this instance, if you place an ad for a rental and someone comes along and actually signs a lease, then you pay to the service their fee.

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American Landlord: Everything U Need to Know about Property Management by Trevor Rhodes

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