If you are planning to rent out your residential property for the first time and want to know what it takes to become a successful landlord, then keep reading...
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.

Unfortunately, it is not that simple. Just like tenants have their share of responsibilities, so do you as their landlord and property manager.

These responsibilities include certain maintenance and repair work, making sure that amenities can be accessed, and keeping the property secure, to name a few.

Additionally, not all tenants are easy to deal with. Some of them may pay their rent notoriously late while others may be very noisy and upset other tenants. And then there's the type of tenant that manages to destroy parts of the property with their DIY projects...

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 what type of behavior is acceptable.

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, once you get the hang of it, being a landlord can be a very pleasant 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: 8 must-have traits of a great landlord

• How to make your property stand out and attract Grade-A tenants

• A chaos-free transition: The ultimate checklist for move-ins and move-outs

• No more late payments: 10 strategies to ensure rent is paid on time

• Talking money: How and when to increase rent, the most profitable tax write-offs, and more

• Templates and resources to support you: From tenant application forms to termination notices

• Eviction, fights, and more: How to deal with problem tenants

And much more.

Being a landlord is an amazing opportunity to generate passive income. You just have to ensure good systems are in place to make landlording a 4-hour a week job and not a 24-hour job - which can be tough, especially for newbies.

By investing your time and learning about the different aspects of property management, you will be able to run your properties efficiently and save both time and money.

If you want to become a successful landlord who manages properties and tenants with ease, then scroll up and click the "Add to Cart" button right now.

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• Business & MoneyReal EstateInvestments
• Crafts, Hobbies & HomeHow-to & Home ImprovementsMaintenance & Repair

• Publication Date: May 27, 2023
• Text-to-Speech: Disabled
• Lending: Disabled
• Print Length: 201 Pages
• File Size: 142 KB