The Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants with Fewer Headaches and Maximum Profits (BiggerPockets Rental Kit, 3)
E**R
Highly Informative and Helpful Book Very Happy I Bought it
After my husband passed in 2023 I had to take over our rental properties. Purchasing this book saved me a lot of headaches in managing the apartments. It covers just about every situation you might encounter including taking over a rental property, screening tenants, leases, contracts, managing tenants, problem tenants, getting rid of bad tenants, dealing with contractors, business organization and bookkeeping. Plus the appendix has numerous sample forms for different situations and a brief summary of landlord-tenant laws for each state with links. A year later I am much more confident in being a landlord but still have occasion to reference this book.
B**F
A Must-Read for all Prospective and Current REI
My husband recommended I read this book after we decided I’d take over the management of our real estate company. I had no prior knowledge of REI, let alone being an effective landlord.This book has quite literally everything you could need to be successful as a landlord. Whether you’re just starting out and own no property, or own dozens and just want to be better, this is a MUST READ.The chapters are divided to make it so easy to refer back to specific sections as you need them. Not only that, the appendix features exact copies of the forms and documents you could need for your tenants.With all of the info, it’s also an easy read. The authors are clearly so educated and successful in the field, and also include details of their personal successes and failures. Can’t recommend this enough!
D**E
Best Book on Managing Rentals I've Read!!!
Are you looking to buy some rental property? Do you already own some rental property? Either way you need to get this book if you plan on managing your rentals! And if you own less than 20 properties and you are not managing your own rentals then you are throwing your money away! (not in all cases but why would you pay someone to manage your properties when you can do it yourself, easily!) This book is amazing and it shows you how you can manage your rentals with ease. Very thorough, while also breaking everything down to its most simplest form. This book shows you how to train your tenants for success and also how to deal with ones that are not the best tenants in the world. It shows you how to select the best tenants and how to properly screen them as well as how to deal with inherited tenants when purchasing existing rental properties. Either way if you are managing rental properties or plan to some day, this is the best book on the market to learn and or expand your existing knowledge on Managing Rental Properties. I currently have 11 rentals and after reading this book I plan on making massive changes to how I manage the people and the properties and this will set me up for success. Excellent book! 5 Stars. Highly recommend this to all Investors managing rental properties.
A**A
GREAT Rental Property Reference Book for Landlords Who Want to Manage Their Own Property
Purchased The Book on Managing Rental Properties back in April 2016 and have read it two or three times and find myself using it as a reference guide. I have owned rental property since the late 1990s and thought I knew all there was to know about managing rental property. I was wrong. This book offers a new perspective and practical advice. The book is absolutely correct -- "No matter how great you are at finding good rental property deals, you could lose everything if you don’t manage your properties correctly!"There are so many great tips that can be gleaned from reading this book:**Potential Tenant Questionnaire**Tennant Referral Bonus $100**Recommendation on a tenant's rental income should be equal to at least three times the monthly rent**Tennant Qualifying Standards**Anyone over 18 years of age must fill out an application if they live in the residence (very good advice)**How to get your property ready to rent**Fair Housing Laws**How to market your property to get the most qualified applicants**The application process and why it is important to do a background and credit check -- red flags to look for**How to manage tenants and every day transactions.**The world of contractors and how to deal with them.**Organizational structure of the rental property business**The landlord businessBeing a landlord is not an easy job if you are not well informed on "how" to manage rental property. I found this book to be a very comprehensive book on managing rental property. I have since purchased additional books from these authors and those associated with the Bigger Pockets website.
N**G
Perfect for those new to property management
This is a great, easy to read book on Managing Rental Properties. It has a good mix of both basic property management for those new to the business, as well as a few helpful hints for those that having been doing this for awhile. I knocked it down a star only because it is a bit basic, but this book would be perfect for those with just a few units or those just delving into the wonderful world of property management. For those with more experience, you could probably take it or leave it, though there are enough original ideas that it is worth the buy and the quick read.
J**R
Well Written Book.
Heather and Brandon Turner wrote this book, very well.These are their own writings, you’ll notice a handful of misspellings inside the book.I certainly was not looking for a book that was by professional writer. I wanted a book by people, sharing their experience in the business. This book is perfect.15 chapters and over 350 pages of experience. Not from lawyers, not from contractors, not from tenants, but Professional landlords.They stuck to what they dealt with, and I feel they have conquered.They’re not gonna tell you how to fix wear & tear. But they will advise you on contractors.They’re not gonna take you through Microsoft Word or Excel, but they’ll tell you what you need to do on it.They’re not gonna give you specific mortgage financing advice, they want you to know the things that unsuccessful landlords haven’t been able to achieve.They’re not going to discuss advanced cash flow calculations. They will give you confidence that this business is very doable.
D**R
Beautiful ❤️
Best
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