First-Time Landlord's Guide
11 Strategies to Efficiently Manage Properties, Select Stellar Tenants and Be Profitable with Rentals
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Narrated by:
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George Acevedo
Planning to rent out your residential property for the first time and want to know what it takes to become a successful landlord?
From the outside, being a landlord may look like an easy job. Once a month you greet your tenants, collect rent from them, and leave.
Being a landlord is not as simple as it seems. Just like tenants have their share of responsibilities, so do you as their landlord and property manager.
For first-time landlords, all of this can be very overwhelming.
You may be unsure of how far your tenants can go and how to set the right tone for acceptable behavior. You may also be uncertain about the best method to keep your paperwork, taxes, and insurance up-to-date and organized. A successful landlord is a great communicator, strict accountant, and fair judge–all at once. It really is a job for an all-round talent.
The good news is that once you get the hang of it, being a landlord can be an enjoyable experience that goes beyond the extra money you collect in rental payments every month. This hands-on guide touches on all matters of importance when it comes to renting out property so that you can become a successful and efficient landlord in no time.
Inside, you’ll discover:
- What it takes to be a successful property manager.
- How to attract grade-A tenants.
- How to have a chaos-free transition.
- Get your rental payments on time.
- How and when to increase rent.
- The most profitable tax write-offs.
- Templates and resources.
- How to deal with problem tenants.
And much more.
Being a landlord is a fantastic opportunity to generate a nearly passive income. You just have to ensure good systems are in place to make landlording a four hour a week job and not a 24-hour job–which can be challenging, especially for newbies. This book can help you achieve that.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2023 Lance Izar Echolm (P)2023 Lance Izar EcholmListeners also enjoyed...
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Super helpful
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This Guide Saved Me From Rookie Mistakes
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A great guide for beginner landlords
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Echolm drops some serious knowledge regarding the ins and outs of rental income, renter selection, property management, and much more.
Many landlords will increase rent at will. However, that's not always the way to go. This title explains why and the right way to increase rent.
If it's top-notch tenants you want to attract, then you'll want to dive into this great business title and become a fantastic property manager and avoid difficult renters along the way.
Business Essential
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if you’ve been contemplating renting your property this is your guide. Highly recommend.
Essential reading for real estate investing
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What I appreciate most about this guide is its hands-on approach. It offers steps for dealing with problem tenants, managing paperwork, taxes, and insurance, and even providing useful templates and resources.
Chapter 2, in particular, stood out to me as it provided valuable insights into finding tenants, whether through online platforms or other methods. The author thoroughly explains what it takes to be a successful property manager and how to attract grade-A tenants. This chapter offered practical tips and strategies to help you set the right tone for acceptable behavior and find reliable tenants for your property.
The book to get you started!
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Great Beginner's Guide
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Profitable Landlording 101
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Great Resource!
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Packed With Practical Tips I Didn’t Know I Need
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