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El. knyga: CompleteLandlord.com Ultimate Property Management Handbook

2.78/5 (16 ratings by Goodreads)
  • Formatas: PDF+DRM
  • Išleidimo metai: 25-Feb-2009
  • Leidėjas: John Wiley & Sons Inc
  • Kalba: eng
  • ISBN-13: 9780470466889
  • Formatas: PDF+DRM
  • Išleidimo metai: 25-Feb-2009
  • Leidėjas: John Wiley & Sons Inc
  • Kalba: eng
  • ISBN-13: 9780470466889

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This book covers the entire cycle of becoming a successful real estate property manager. Written in an accessible format , this book provides valuable information for investors who are now landlords and property managers. This book is not about the day-to-day of landlording, rather it focuses on the strategies for managing the assets of your property. Readers will find information on:

? The benefits of managing property

? Assembling your core team (attorneys, accountants and insurers)

? Legal documents

? And office help (including the right systems and software, how and when to maintain and repair, and the finances of managing your properties)
Acknowledgments xiii
List of Icons
xiv
Introduction xv
About the Product xvi
SECTION ONE: INTRODUCTION TO PROPERTY MANAGEMENT
1(24)
The Benefits of Managing Properties
3(7)
Taking the Plunge
4(2)
Do It Yourself or Hire Someone?
6(3)
You Can Do It Yourself
9(1)
Before You Go
9(1)
The Skills, Aptitude, and Attitudes of Successful Property Managers
10(7)
From the Beginning
10(3)
What Does It Take?
13(2)
For the Non-Do-It-Yourself Types
15(2)
Build a Winning Strategy, Plan, and Team
17(8)
Taking Stock
18(3)
Building a Team
21(4)
SECTION TWO: OPERATIONS
25(32)
Beyond Record Keeping: The Importance of Systems
27(5)
Why You Need a System
28(2)
Don't Overlook These
30(1)
Start Now
31(1)
Property Maintenance, Repairs, and Construction
32(9)
General Maintenance
32(2)
Who Handles What?
34(1)
Preventing Problems
34(1)
Open Lines of Communication
35(2)
Procurement
37(2)
Green Property Management
39(2)
Achieving Scale: Hiring, Training, Retaining, and Compensating Property Management Personnel
41(8)
Help Wanted
42(1)
Basic Training
43(3)
From the Top Down
46(3)
Outsourcing Property Management
49(8)
First Things First
50(1)
Where to Look for a Management Company
51(2)
Signing a Contract
53(1)
Weighing It Out
54(3)
SECTION THREE: TENANTS
57(72)
Marketing Vacancies/Setting Rents and Terms
59(16)
Word of Mouth
60(1)
Classified Ads
61(1)
Signs on Property
62(2)
Flyers and Handouts
64(1)
Notices on Bulletin Boards
64(1)
Rental Listing Booklets
65(1)
List with a Rental Agent
65(1)
Target Good Tenants
66(1)
Show the Property
67(1)
Man the Phones
67(1)
At Your Fingertips
68(1)
Full-Time Worker, Part-Time Landlord
69(1)
Schedule the Showings
70(5)
Setting Rents and Structuring Leases
75(10)
High Rent versus Low Rent
75(1)
Calculating How Much Rent to Charge
75(2)
Increasing the Value of Your Rental
77(1)
When, Why, and How to Lower Rent
78(1)
Structuring Leases
78(5)
Signing the Lease
83(2)
Screening Tenants: The War Is Won before It Is Ever Fought
85(21)
The Long and Short of It
85(4)
Performing the Checks
89(6)
What to Do with the Data
95(1)
Who Pays for the Background Check
95(1)
Acting as a Reference
96(1)
Making the Selection
96(7)
When You Inherit Tenants
103(3)
The Mechanics of Rent Billing, Collection, and Reporting
106(10)
Security Deposits
107(2)
Rent Receipts
109(1)
Setting and Enforcing Due Dates
110(1)
When, Why, and How to Increase Rent
111(3)
When, Why, and How to Lower Rent
114(2)
Tenant Relations, Communications, and Problems
116(13)
Definition of a Good Tenant
116(2)
Definition of a Difficult Tenant
118(2)
Handling Evictions
120(2)
How to Legally Evict Someone
122(2)
When Eviction Is Necessary
124(2)
The Eviction Process
126(3)
SECTION FOUR: GETTING DOWN TO BUSINESS
129(20)
Entity Formation and Asset Protection
131(5)
Step by Step
131(3)
Taking Responsibility
134(2)
Understanding Landlord-Tenant Law including Discrimination
136(4)
Knowing Your Rights
136(2)
The Law and Advertising
138(2)
Rental Property Finance
140(5)
Maintaining Records
140(1)
Taxing Matters
141(4)
Insurance
145(4)
Property and Casualty Insurance
145(1)
General Liability Insurance
146(1)
Flood or Water Damage Insurance
146(1)
Umbrella Liability Insurance
146(1)
Best Investment
147(2)
SECTION FIVE: SPECIAL TOPICS
149(16)
Specialized Housing Markets
151(7)
Joining the Fray
151(1)
Workforce Housing
152(1)
Disabled Access
153(2)
Student Units
155(2)
Expanding Your Horizons
157(1)
Affordable Housing, Section 8, and Discrimination
158(5)
Don't Discriminate
160(1)
Fair Housing Act
161(1)
Play by the Rules
162(1)
Continuing Your Property Management Education
163(2)
Ongoing Resources
163(1)
The End
164(1)
APPENDIXES
165(82)
Appendix A Summary of Icon Information
167(2)
Appendix B Tour of the CompleteLandlord Site with Free Trial Membership Offer
169(20)
Appendix C Essential CompleteLandlord Worksheets, Checklists, and Other Forms
189(21)
Appendix D Associations and Other Resources
210(3)
Appendix E Glossary of Real Estate Terms
213(34)
Index 247(11)
CLL Catalog 258
WILLIAM A. LEDERER is Founder and Publisher 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. Experts in virtually every aspect of landlording, Lederer and his wife have been investors and landlords for many years.