Table of Contents
Introduction 1
Part 1: So You Want to Be a Landlord? 5
Chapter 1: Residential Property Management 101 7
Chapter 2: Do You Have What It Takes to Manage Your Own Rental Property? 19
Chapter 3: Managing Your Residential Property Yourself or Hiring a Pro 35
Chapter 4: Taking Over the Property 53
Part 2: Renting Your Property 65
Chapter 5: Getting Your Residential Rental Property Ready for Prospective Tenants 67
Chapter 6: The Big Three of Property Management: Rent, Security Deposits, and Rental Contracts 85
Chapter 7: Formulating a Marketing Plan 107
Chapter 8: FOR RENT: Effectively Using Advertising to Generate Interest 117
Chapter 9: Handling Prospects When They Come A-Calling 141
Chapter 10: Strutting Your Stuff: Making Your Property Memorable 167
Chapter 11: Eenie, Meenie, Miney, Mo: Selecting Your Tenants 189
Part 3: The Brass Tacks of Managing Rentals 219
Chapter 12: Moving In the Tenants 221
Chapter 13: Collecting and Increasing Rent 243
Chapter 14: Keeping the Good Tenants (And Your Sanity) 261
Chapter 15: Dealing with Problem Tenants 273
Chapter 16: Moving Out the Tenants 291
Part 4: Techniques and Tools for Managing Your Residential Property 307
Chapter 17: Working with Employees and Contractors 309
Chapter 18: Maintaining the Property 325
Chapter 19: Keeping Safety and Crime Prevention in Mind 341
Part 5: Money, Money, Money! 365
Chapter 20: Two Necessities of Property Management: Insurance and Taxes 367
Chapter 21: Financial Management and Record-Keeping 389
Chapter 22: Finding New Ways to Increase Your Cash Flow 403
Part 6: The Part of Tens 425
Chapter 23: Ten Reasons to Become a Residential Rental Property Owner 427
Chapter 24: Ten Ways to Rent Your Vacant Rental Unit 433
Appendix: About the Online Kit Materials 439
Index 443
