Read e-book online American Landlord: Everything U Need to Know about Property PDF

By Trevor Rhodes

ISBN-10: 0071545182

ISBN-13: 9780071545181

The definitive consultant for each landlord

Whether you simply have an additional room to hire or a transforming into condo empire, you continue to want trustworthy info and professional recommendation to ensure you do it correct. Drawn from years of expertise assisting hundreds of thousands of landlords, American Landlord leads everybody from the recent landlord to the previous seasoned via the entire bits and bobs of estate administration. Inside:
• purchasing and conserving apartment properties
• effectively ads your vacancies
• correctly and securely screening your applicants
• successfully facing problematical tenants
• knowing condominium varieties and agreements

Bonus CD-ROM Features: Ready-to-print apartment purposes, rent agreements, checklists plus landlord-tenant legislation for all 50 states, and lots more and plenty extra!

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Extra info for American Landlord: Everything U Need to Know about Property Management

Example text

How to Avoid Spending a Fistful of Dollars! How to Write a Classified Ad Okay, you’ve got 20 words or less to get your phone to ring without lying about your luxurious beachside estate and its marble foyer that is only $500 per month. The tricky part of classified advertising is to have the reader become excited about the property by painting a picture of its virtues through the use of rich colorful language – but without telling a tall tale. An ad sets up expectations – and you can pretty much write off most of your prospects if your representation of the property doesn’t match the actual digs.

So when it comes to interior design, pick a single neutral color and roll with it. Forget about accent walls, faux-painting and all the other nice ornamental flares you can add. Give the tenant a blank canvas that they can make their own by hanging pictures, paintings, memorabilia, mirrors, wall tapestries… and let’s not forget about those pseudo-trendy velvet black light posters, still readily available at flea markets, thrift shops and novelty stores all across the United States. I used to hire painters to go in after every tenant and spray the rooms down with “Summer Sage,” a popular interior color until one summer, I decided to do-it-myself.

47 The Information Roundup “I rented out my house while away at college. It was a tough time financially and I was glad I had a tenant. I was aware they had a dog, but I didn’t think much of it until I returned home to find the carpeting, door knobs and most of my wooden deck destroyed. ” Dr. D. Rhodes North Carolina Landlord Acknowledgment and Authorization Credit reporting agencies, which are governed by the Federal Trade Commission and the Fair Credit Reporting Act [For more on this topic, see Chapter 6] require that every landlord obtain a proper Acknowledgment and Authorization from a prospective tenant – prior to being legally able to acquire his or her consumer credit file.

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American Landlord: Everything U Need to Know about Property Management by Trevor Rhodes

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