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
- Updated information on evictions and legal issues
