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Property Management For Dummies
 
 
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Property Management For Dummies [Paperback]

Robert S. Griswold (Author)
5.0 out of 5 stars  See all reviews (3 customer reviews)

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Property Management Kit For Dummies Property Management Kit For Dummies 4.0 out of 5 stars (1)
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Book Description

You'll need to wear many hats in the business of property management: advertiser/promoter (in seeking tenants), host (in showing your property), handyman (in keeping up with and arranging repairs), bookkeeper (in maintaining records), and even counselor (in dealing with tenants and their problems). But Property Management For Dummies will help you maintain your sense of humor – and your sanity – as you deal with these challenges and more.

You may become an unintentional property owner – someone who inherited a house from a relative and didn't want it to sit idle, or someone who transferred to a job in another city and decided to rent your home rather than sell it – or you may have entered the world of property ownership intentionally. Either way, real estate offers one of the best opportunities to develop a steady stream of residual income.

Property Management For Dummies is organized by specific topic areas, so you can easily and quickly scan a topic that interests you, or you can troubleshoot the source of your latest major headache. You'll discover how to

  • Evaluate your skills and personality to see whether you have what it takes to be a landlord
  • Keep your units occupied with paying tenants who don't destroy your property
  • Move in your new tenants and move them out – and everything in between
  • Assemble the right team of professionals to help you, from employees to contractors
  • Insure your property and understand the taxes that go with it
  • Look for additional sources of income beyond rent, including the opportunities and pitfalls of lease options

While many of life's lessons can be uncovered by trial and error, property management shouldn't be one of them – the mistakes are too costly and the legal ramifications too severe. In this book, you'll find proven strategies to make rental property ownership and management not only profitable but pleasant as well.

From the Publisher

(John Wiley & Sons) A easy-to-read, friendly guide to property management, for those with no experience whatsoever. Shows how to takeover rental properties, prepare the rental property for prospective tenants, advertise the property, thoroughly and legally screen tenants, moving in and moving out tenants, collecting and increasing the rent, tenant relations and retention, proper maintenance procedures including outside vendors, safety and security issues, fair housing issues, legal issues, accurate record keeping, taxes, and insurance, and other practical matters. Includes sample leases, rental agreements and many other excellent forms and letters for day-to-day use. Also, lots of great cartoons by Rich Tennant. Softcover.
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Inside This Book (Learn More)
First Sentence
A great advantage to building wealth through real estate is the ability to use other people's money - both for the initial purchase of the rental property and for the ongoing expenses. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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5.0 out of 5 stars (3 customer reviews)
 
 
 
 
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5.0 out of 5 stars You are not a "Dummy" if you read this book., Dec 14 2001
By 
Guy M. Blasi (Highlands Ranch, CO USA) - See all my reviews
(REAL NAME)   
This review is from: Property Management For Dummies (Paperback)
I met the author at a meeting of the Institute of Real Estate Management in Chicago several years ago. I hold the same "Certified Property Manager (CPM)" designation. So, I did a double take recently when I saw this book on the shelf of a book store. And I did a triple take when I saw that Robert had written it! Robert Griswold is an educator, and it shows in the book. I've been in property management for over 20 years and I bought the book and took it home for several evenings of enjoyable reading. (By the way, my wife thinks I'm nuts! I can't leave my work at the office.) Robert Griswold writes at the easiest common denominator. The book is entertaining and answers the wide variety of questions. Most property managers are "generalists", meaning you have to know a lot of things about a lot of topics: collecting rents, fixing up space, evicting tenants, dealing with difficult people, roof specialist, bookkeeper/accountant, landscape specialist, plumbing specialist, HVAC specialist, etc., etc. One thing that any property manager will know, it is a very detailed career. If you are a person with an interest in property management, a novice or a long-time veteran, this is a must-read book.
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5.0 out of 5 stars A Must Have Reference On Propery Management, Aug 18 2001
This review is from: Property Management For Dummies (Paperback)
Robert Griswold's Property Management For Dummies is a wonderfully practical digest on property management covering every applicable subject both for those considering becoming a landlord and for long time landlords. Easy to read, and easy to jump right to the subject on which one needs the most help, Mr. Griswold's years of experience and wisdom are made accessable to the reader. Having been a property manager for over three years now, I was surprised by how much I learned from this book. For anyone considering property management or being a landlord, this book lets one know in advance all the factors to weigh before making that leap. I'll state it again -- you must have this book if you are in any way going to be involved in property management.
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5.0 out of 5 stars The best information on property management is in this book!, Jun 13 2001
By 
thomsarg (san jose, ca USA) - See all my reviews
This review is from: Property Management For Dummies (Paperback)
Whether you live on the east coast or the west coast, looking to own a condo or a multi unit investment, this book will help answer a majority of the most puzzling questions a landlord might have in managing a property. It gives simplified step by step instructions on each process throughout the book....fun to read and very clearly written.

If you are about to enter the world of being a landlord, this book will tell you the rules. Every person needs this book for his or her financial self-defense and peace of mind. Read this book and preclude the problem before it happens.

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