First-time Landlord

First-time Landlord

Your Guide to Renting Out A Single-family Home

Book - 2017
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Baker & Taylor
Shares concise information tailored to the needs of property owners with minimal experience and covers such topics as evaluating a property's profit potential, handling repairs, and managing problem tenants.

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Portmand, 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. Annotation ©2017 Ringgold, Inc., Portland, OR (protoview.com)

Ingram Publishing Services
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 it may mean you’re about to be 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 4th edition is updated to cover the latest laws and practices affecting first-time landlords of single-family homes.Includes samples of forms every new landlord needs, including a rental application and budget worksheet.
Rental prices (already astronomical in urban areas such as Oakland ) are rising in many parts of the U.S., making renting out a property an attractive financial option even for people who’d never considered becoming a landlord. This book provides an authoritative, fun-to-read primer on how to enter the rental property business.

Publisher: Berkeley, California :, Nolo,, 2017
Edition: 4th Edition
ISBN: 9781413324440
1413324444
Characteristics: 323 pages ; 23 cm

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