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Highlights
- The 101 on earning rental income from a single-family home Do you own a house you'd like to rent out rather than sell?It's a common scenario in today's market, especially if you've inherited ahouse, are moving to another home, or are buying an investment property.
- Author(s): Ilona Bray & Janet Portman
- 336 Pages
- Business + Money Management, Real Estate
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About the Book
With selling a home no longer a guarantee of huge profits, many "accidental landlords" are entering the market, seeking to rent out a property with minimal legal and other troubles, and to reap maximum profits. This book provides an authoritative, easy-to-read primer on how to enter the rental property business.Book Synopsis
The 101 on earning rental income from a single-family home Do you own a house you'd like to rent out rather than sell?It's a common scenario in today's market, especially if you've inherited a
house, are moving to another home, or are buying an investment property. And
the logical next step might be for you to become a first-time landlord. Follow
the advice in this book to ease into your new role and earn substantial profits
while avoiding costly mistakes.- Learn your
legal obligations.- Estimate costs
and profits.- Choose good
tenants and avoid problem ones.- Make the most
of valuable tax deductions. - Handle repairs
and property management tasks.
The 6th edition is updated to cover new trends in
tenant-screening restrictions and municipal licensing requirements and fees.
Review Quotes
"Robert Bruss Real Estate Book Silver Award". National Association of Real Estate Editors
"Portman, Bray, and Stewart write for people who rent out or want to rent out a single-family house or condominium and want to do most of the work themselves. Increasingly, they say, people become landlords suddenly and accidentally, and need to fit that work around existing work and family obligations. Their topics include preparing and marketing a rental property, managing rental income to maximize tax deductions, keeping things shipshape: repairs and maintenance, exiting the rental property business, and renting out a room in your home.." Eithne O'Leyne, Editor Ringgold, Inc. ProtoView
"Virtually every book from Nolo Press can be highly recommended without reservation." Robert Bruss, Nationally Syndicated Real Estate Columnist
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