In today's market, many property owners find themselves first-time landlords for a variety of reasons. Some homeowners turn to renting when they can't 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, it's 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 properlyFeaturing expert advice and money-saving tips, this step-by-step book helps you earn maximum profit-with 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
