In todayÆs market, many property owners find themselves first-time landlords for a variety of reasons. Some homeowners turn to renting when they canÆt sell a house. Empty nesters may consider making money on their extra space. And buyers might look into the revenue-producing idea of purchasing a multi-family home. Whatever the reasons for becoming a landlord, itÆs often a challenging role.
This guide helps new and experienced landlords alike:
Find (and keep!) responsible tenants
Determine legal liabilities for landlords and tenants
Market, show, and profit from rental property
Handle repairs and general maintenance
Handling of evictions properly
Featuring expert advice and money-saving tips, this step-by-step book helps you earn maximum profitùwith minimum hassle.
New in this edition:
Finding the right mortgage
Using home equity loans for renovations and repairs