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Part-Time Residential Landlords: The Superheroes of Rental Housing |
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1 | (428) |
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Filling a Gap in the Landlord Literature |
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3 | (1) |
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4 | (2) |
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How Skills You Currently Have (or Can Easily Acquire) Will Contribute to Your Success |
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6 | (4) |
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Why I Like Being a Landlord |
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10 | (5) |
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What You Won't Find in This Book |
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15 | (4) |
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1 What's Your Competitive Edge? |
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19 | (14) |
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Get to Know Your Market and Where Your Rental Fits Within It |
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21 | (1) |
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Differentiate Your Units From the Competition |
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22 | (3) |
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Offer Lower-Priced Units by Focusing on Keeping Long-Term Tenants |
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25 | (1) |
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Make Strategic Decisions About Your Own Approach to Renting Property |
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26 | (4) |
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Consider Whether an LLC Is Right for You |
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30 | (1) |
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31 | (2) |
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2 Selecting Rental Properties |
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33 | (42) |
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Location, Location, Location |
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35 | (3) |
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What Type of Rental Property Is Best for You? |
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38 | (1) |
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39 | (2) |
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Duplex, Triplex, and Fourplex |
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41 | (3) |
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44 | (5) |
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Accessory Apartment (or In-Law) |
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49 | (1) |
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The Rental Market and Your Target Tenant |
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50 | (3) |
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Choosing the Right Property: Don't Leave It to Chance |
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53 | (1) |
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How to Make Sure the Rental Property Pencils Out |
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54 | (7) |
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Finding Out All You Can About a Prospective Property |
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61 | (6) |
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Arranging a Professional Inspection |
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67 | (3) |
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Making an Informed Decision When Choosing a Rental Property |
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70 | (1) |
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Guidelines for Buying an Occupied Unit |
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71 | (2) |
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73 | (2) |
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3 Discovering Your Inner Handyperson: Tips and Tricks |
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75 | (32) |
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Your Basic Skills, Toolkit, and Supplies |
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77 | (6) |
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83 | (1) |
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Refinishing Wooden Cabinets |
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84 | (1) |
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85 | (6) |
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91 | (1) |
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92 | (2) |
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94 | (1) |
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94 | (6) |
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Dealing With Moisture and Mold |
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100 | (2) |
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Ways to Boost Your Repair and Maintenance IQ and Effectiveness |
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102 | (3) |
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105 | (2) |
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4 Preparing Your Rental Unit for Tenants |
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107 | (32) |
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Understanding Fair Rental Condition for Your Market |
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109 | (2) |
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To Furnish or Not to Furnish |
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111 | (1) |
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Preparing for New Tenants |
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112 | (1) |
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Establishing a Cleaning and Repair Routine |
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113 | (2) |
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115 | (1) |
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Floors and Floor Coverings |
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116 | (3) |
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Pet, Tobacco, and Other Odors |
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119 | (3) |
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122 | (6) |
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128 | (1) |
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Light Fixtures and Outlets |
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129 | (1) |
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129 | (1) |
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129 | (2) |
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Smoke Detectors, Fire Extinguishers, and Carbon Monoxide Detectors |
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131 | (1) |
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131 | (3) |
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Marshalling Your Materials and Supplies |
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134 | (2) |
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The Minor Remodel: Doing It on the Cheap |
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136 | (2) |
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Handing Off the Turnaround Work: Hiring Help |
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138 | (1) |
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138 | (1) |
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5 The Art of Rental Maintenance |
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139 | (24) |
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Maintenance---It's About Tenant Satisfaction, Too! |
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140 | (1) |
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Learning What Level of Maintenance and Repairs the Law Requires |
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141 | (2) |
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Developing a Maintenance Mentality |
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143 | (1) |
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Do-It-Yourself Maintenance Helps You Keep an Eye on the Property |
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143 | (4) |
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Establishing the Maintenance Habit |
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147 | (3) |
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Common Maintenance Cues: A Seasonal Routine |
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150 | (11) |
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Making a Maintenance Record and Keeping It Up |
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161 | (1) |
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162 | (1) |
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6 Working With Service Contractors |
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163 | (40) |
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166 | (1) |
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When It Makes Sense to Hire Contractors |
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166 | (12) |
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178 | (5) |
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183 | (2) |
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Making Sure the Worker Is an Independent Contractor (Not an Employee) |
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185 | (4) |
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Getting Bids and Estimates From Contractors |
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189 | (5) |
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194 | (2) |
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Your Role While the Work Is Being Done |
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196 | (5) |
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Keep the Big Picture in Mind |
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201 | (1) |
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201 | (2) |
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203 | (60) |
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Developing a Tenant Screening and Selection Plan |
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206 | (1) |
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Complying With Antidiscrimination Laws |
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207 | (2) |
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Managing Prospective Tenants' First Impressions |
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209 | (2) |
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Crafting Your Advertisement or Posting |
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211 | (3) |
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214 | (5) |
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Should Your Ad Include Exact Street Address and Photos? |
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219 | (1) |
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Making Initial Contact With Prospective Tenants |
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220 | (5) |
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Emailing Rental Applications to Interested Parties |
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225 | (1) |
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Final Steps in Preparing Your Rental for Showing to Prospects |
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226 | (4) |
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Setting Up and Staggering Your Showings |
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230 | (4) |
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Closing the Door on Traditional Open Houses |
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234 | (2) |
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Your "Sales Pitch" During Showings |
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236 | (4) |
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When to Start Screening Prospective Tenants |
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240 | (1) |
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Developing Your Screening Criteria and Procedures |
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241 | (2) |
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Great Screening Begins With a Thorough Rental Application |
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243 | (1) |
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Top Criteria for Choosing Good Tenants |
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244 | (8) |
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252 | (2) |
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Pros and Cons of Credit Checks |
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254 | (2) |
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Guidelines for Evaluating Rental Applications and Credit Reports |
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256 | (3) |
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259 | (1) |
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260 | (2) |
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262 | (1) |
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8 Starting the Tenancy Right: Lease Terms and Onboarding Process |
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263 | (36) |
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Key Terms to Include in Your Lease or Rental Agreement |
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264 | (16) |
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Where to Find Lease and Rental Agreement Forms |
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280 | (1) |
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Signing the Lease or Rental Agreement |
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281 | (2) |
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Making Cosigner Situations Work |
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283 | (3) |
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Tenant Onboarding Process |
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286 | (12) |
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298 | (1) |
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298 | (1) |
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9 Effective Landlord Communications |
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299 | (64) |
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Best Practices for Landlord Communications |
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302 | (13) |
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Handling Common Tenant Communications |
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315 | (5) |
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Communicating About Delays in Rent Payment |
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320 | (6) |
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More Strategies for Serious Late-Rent Situations |
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326 | (4) |
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Communicating About Unauthorized Occupants |
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330 | (7) |
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Responding to Requests to Add a Roommate |
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337 | (3) |
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Communicating With Tenants Who Break the Lease |
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340 | (8) |
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Communicating With Tenants About Other Common Issues |
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348 | (4) |
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Communicating About Tenants' Pets |
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352 | (3) |
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Handling Conflicts Large and Small |
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355 | (4) |
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Formal Conflict Resolution for the Landlord |
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359 | (1) |
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Who Should Handle Evictions: You, or an Attorney? |
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360 | (1) |
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361 | (2) |
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363 | (14) |
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364 | (1) |
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Four Major Move-Out Pitfalls to Avoid |
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365 | (1) |
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Preparing a Move-Out Letter |
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366 | (2) |
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Reviewing Your Security Deposit Return Rules |
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368 | (3) |
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Green Tips for Moving Out With Minimal Waste |
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371 | (4) |
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The Landlord Cycle: Preparing for the Next Move-In |
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375 | (1) |
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375 | (2) |
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11 Understanding and Using Professional Services |
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377 | (32) |
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Lawyers and Legal Help for the Small-Time Landlord |
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378 | (10) |
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Accountants and Tax Help for the Small-Time Landlord |
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388 | (7) |
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Insurance Professionals and Coverage for Your Rental Property |
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395 | (6) |
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Other Helpful Professionals |
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401 | (1) |
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402 | (4) |
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How Professionals Can Help With Your Exit Strategy |
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406 | (2) |
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408 | (1) |
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11 Tracking Landlord Income and Expenses for Tax Time |
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409 | (20) |
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Where You'll Report Income and Deductions: Schedule E |
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410 | (3) |
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413 | (10) |
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Don't Sweat a Tax Loss (Especially in Your Early Years) |
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423 | (1) |
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Keeping Records of Your Income and Expenses |
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424 | (4) |
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428 | (1) |
| Index |
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429 | |
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