The CompleteLandlord.com Ultimate Landlord Handbook

Product Details

This book covers the entire cycle of becoming a successful landlord. Written in an accessible format by the entire team of completelandlord.com, this book provides valuable information for landlords from a staff of real estate experts. Readers will find essential information on:

• What a new landlord can expect.
• How to determine which is the best property to invest in.
• How to keep accurate records, rental agreements and leases.
• How to deal with tenants.
• How to screen tenants.
• How to market your property to tenants.
• How to manage the day-to-day responsibilities of a landlord.

Biographical Note

William A. Lederer is Publisher and President of CompleteLandlord.com, the leading Web site written for and by landlords. This proven, one-stop portal offers comprehensive content, commerce, an online landlord community, and on-demand solutions that include customizable forms and letters, as well as tools for tenant screening, vacancy marketing and tenant communications, electronic rent collection, and Web-based property management. An expert in virtually every aspect of landlording, Lederer and his wife have been tenants, investors, and landlords for many years in different economic cycles and regions of the United States.

Table of Contents

• Acknowledgments.
• List of Icons.
• Introduction.
• SECTION ONE: WHAT ARE YOU GETTING YOURSELF INTO?
  • Chapter 1 Residential Real Estate as the Ultimate Storehouse of Value(s).
  • Chapter 2 Why Investing in Residential Rental Property Will Get You Where You Want to Go Faster at Less Risk.
  • Chapter 3 The Pros and Cons of Landlording: Do You Have What It Takes?
  • Chapter 4 Think Like a Real Estate Mogul: Build a Winning Strategy, Plan and Build the Team to Match.
• SECTION TWO: INVESTING IN RESIDENTIAL PROPERTY FOR INCOME.
  • Chapter 5 Which Rental Properties Are Right for You?
  • Chapter 6 Property and Investment Analysis.
  • Chapter 7 Sourcing Investment Rental Property: Searching for Bargains and Adding Value.
  • Chapter 8 When Should You Sell? Trick Question! Hardly Ever.
• SECTION THREE: PROPERTY MANAGEMENT AND YOUR LANDLORDING RESPONSIBILITIES.
  • Chapter 9 Legal and Financial Considerations.
  • Chapter 10 Maximizing Cash Flow.
  • Chapter 11 Tax Planning for Landlords.
  • Chapter 12 Insuring Your Rental Property.
• SECTION FOUR: PLAN THE WORK, WORK THE PLAN.
  • Chapter 13 Beyond Record Keeping: Choose the Right Systems, Metrics, and Policies.
  • Chapter 14 Handling Maintenance, Repair, and Construction.
• SECTION FIVE: RESIDENTS.
  • Chapter 15 Taking Over and Finding and Showing Tenants Property.
  • Chapter 16 Screening and Choosing the Best Tenants.
  • Chapter 17 Rental Agreements, Leases, and Other Forms.
  • Chapter 18 Rent: Pricing, Collecting, and Tracking.
  • Chapter 19 Communicating with Your Tenants.
  • Chapter 20 How to Keep Good Tenants . . . and Cope with Bad Ones.
• SECTION SIX: WHERE TO FROM HERE? NEXT STEPS.
  • Chapter 21 Should You Do It Yourself or Hire a Property Management Company?
  • Chapter 22 Continuing Your Landlording Education.
• APPENDIXES.
  • Appendix A Summary of Icon Information in Appendix.
  • Appendix B Tour of the CompleteLandlord Site with Free Trial Membership Offer.
  • Appendix C Essential CompleteLandlord Worksheets, Checklists, and Other Forms.
  • Appendix D Associations and Other Resources.
  • Appendix E Managing Risk and Limiting Personal Liability as a Landlord.
  • Appendix F Questions Frequently Asked by Landlords.
  • Appendix G Questions Frequently Asked by Tenants.
  • Appendix H Glossary of Landlord Terms.
• Index.
• CLL Catalog.