The Rental Property Manager's Toolbox: A Complete Guide Including Pre-Written Forms, Agreements, Letters, And Legal Notices: With Companion CD-ROM, ISBN:9780910627719
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Binding: Paperback Release Date: July 2006 List Price:$29.95
Summaries and Customer Reviews are supplied by Amazon.com
Summary:
Take a look through the Forbes annual issue of the richest Americans, and you will find a majority of those personal fortunes have something to do with real estate. Real estate rental income rarely experiences wild swings in value, instead providing predictable returns at many times the rate of money market accounts or CDs. In addition, there can be substantial tax advantages as well. However, being the “landlord” can be difficult, time consuming, and potentially wrought with financial and legal obstacles. This new book will make the process of managing your rental properties easier. This new book and companion CD-ROM will teach you how to avoid headaches, hassles, and lawsuits by learning how to professionally manage your rental property. Maximize your profits and minimize your risks. Learn about advertising, tenant screening, managing tenants, legal rights, landlord rights, discrimination, vacancies, essential lease clauses, crime prevention, drugs, gangs, security issues, as well as premises liability, security deposits, handling problems, evictions, maintenance, recordkeeping, and taxes. The CD-ROM contains dozens of forms, sample contracts, letters, notices, rental applications, agreements and checklists. It includes topics such as evicting irresponsible tenants, collecting damages, running multiple properties, handling complaints, emergency procedures, expenses, and utility management. We spent thousands of hours interviewing and e-mailing real estate property managers and investors. This book is a compilation of their secrets and proven successful ideas. If you are interested in learning hundreds of hints, tricks, and secrets on how to make money (or more money) on managing your rental properties, then this book is for you. Instruction is great, but advice from experts is even better, and the experts chronicled in this book earn $1,000 to $300,000 per month managing rental properties. Inside the pages of this new exhaustively researched guide you will find a jam-packed assortment of innovative ideas that you can put to use today.
Customer Reviews:
Average Customer Rating:
The Rental Property Manager's Toolbox etc.
Customer Rating:
greetings! I purchased the CD. It had extensive information. I wanted a program dealing with accounting for just a few properties. It would be excellent for someone having a lot of properties. I returned the CD unopened when I realized it was not want I needed. Amazon kindly gave a refund.
very good but lacking...
Customer Rating:
The Rental Property Manager's Toolbox is very well written and a very nearly complete book for new landlords, but not quite. As a new and unwilling landlord this book was a great & definite help in overcoming a very steep learning curve and a great deal of ignorance on my part. But having said that, where's the lease? A number of forms are included but there is no boilerplate lease. Also, on page 152 under credit history no mention is given of any of the numerous websites that one can purportedly get credit information on prospective tenants. I had to take my chances on what I could find out myself and talked to two professional property managers, neither of whom get credit reports either. I had to go to a lawyer software program for 1 or 2 other items as well. A solid 4 star however!
Informative, Useful, and Easy to Understand
Customer Rating:
Ms. Burrell does an excellent job of providing an informative yet concise look at the complex business of rental property management. This book is a must read for novice investors as it allows one to enter the business with eyes wide open - aware of pitfalls and precautions that can be taken to protect the investment. Alternatively, there are so many forms, examples, techniques, and tricks for the experienced manager that it is a great read for them as well. Truly a great resource for any RPMS library - or toolbox, as the case may be.
Make Yourself a Professional
Customer Rating:
I have a few rental properties that I've managed myself over the years, with some success, but I was looking to do better and acquired Jamaine Burrell's book to get some pointers. Her book, The Rental Property Manager's Toolbox does the trick!
The "Toolbox" has all the advice, tips, forms, and sample letters that one could possibly need to make the transition from an "amateur" rental property manager, like me, to a professional. I can see a number of areas in which I have not taken the best approach in the past (especially regarding unsupervised children) and believe that, following Burrell's advice, I can not only be a more effective manager but make more money too.
The book covers all the bases, including financial and legal issues, property acquisition options, advertising, finding and screening potential tenants, tenant problem and complaint management, and property sale, and also includes a CD with all of the forms discussed in the book. This is a great resource for anyone intending to get into property management or for anyone, like me, who has been managing properties without the benefit of professional advice.
Avoid unnecessary hassles, buy this book!
Customer Rating:
This book is a great resource for rental property owners and managers, whether this is your first project or your fiftieth. "The Rental Property Manager's Toolbox" has everything you need to be successful in owning or managing your own rental property.
This book will teach you tips and tricks for purchasing rental property, handling legal and tax issues, dealing with tenants, maintaining properties, and even selling properties if need be. Easy to read large type and conversational format ensure that the information is as clear cut as possible. For further clarity, Burrell provides a comprehensive glossary of terms. The easy-to-use table of contents and full index make searching for that special tidbit of information a breeze. Burell also includes a list of resources such as property management companies and several rental property owners.
Included with this book is a companion CD-ROM that contains useful forms in both MSWord and PDF format. The CD runs itself, so no technical knowledge needed.
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