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Whether you're ready for a new entrepreneurial opportunity or considering renting out a home instead of selling, you'll need to learn the basics of being a landlord.
Let First-Time Landlord show you how to start your landlording business and maintain it in your spare time. Get the concise information you need to start making money with a single-family home, written for property owners with little business savvy -- and even less time and patience. Learn how to rent out your property lawfully and safely with valuable information on:
From timely tips to true stories from successful landlords, First-Time Landlord is an indispensable book for property owners who want to rent out a single-family home without the hassle -- quickly, efficiently and legally.
- Sales Rank: #248376 in Books
- Brand: Portman, Janet/ Bray, Ilona/ Stewart, Marcia
- Published on: 2014-09-30
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x 1.00" w x 7.00" l, .0 pounds
- Binding: Paperback
- 360 pages
Review
"Silver Award, 2010 Robert Bruss Real Estate Book Awards 2010" National Association of Real Estate Editors "Portman, an attorney specializing in landlord-tenant law, et al. offer a guide to help new landlords rent out a single-family home. They address financial, legal, and practical aspects, covering co-owning rental property with family or friends; preparing and marketing the property; screening and choosing tenants; preparing the lease and for move-in; managing rental income to maximize tax deductions; repairs and maintenance; liability for injuries, crimes, and other hazards; dealing with difficult tenants; hiring a property manager; exiting the rental property business; and rent-to-own arrangements. This edition has new material on renting out a room in a home via services like Airbnb, new IRS regulations, and a sample rental application." Eithne O'Leyne, Editor Ringgold, Inc. ProtoView
About the Author
Janet Portman specializes in residential and commercial landlord/tenant law. She is the author or coauthor of Every Landlord's Legal Guide, Every Tenant's Legal Guide, Renters' Rights, Leases & Rental Agreements, The California Landlord's Law Book: Rights and Responsibilities and others. Portman received undergraduate and graduate degrees from Stanford University and a law degree from Santa Clara University. Before joining Nolo in 1994, she practiced law as a public defender.
Marcia Stewart writes and edits for Nolo on landlord-tenant law, real estate, and other consumer issues. She is the coauthor of Nolo's Essential Guide to Buying Your First Home, Every Landlord's Legal Guide, Every Tenant's Legal Guide, Leases and Rental Agreements, Renters' Rights, and The Legal Answer Book for Families.
Ilona Bray is an author and legal editor at Nolo, specializing in real estate, immigration law, and nonprofit fundraising. She is coauthor of Becoming a U.S. Citizen, U.S. Immigration Made Easy, Nolo's Essential Guide to Buying Your First Home and numerous other top selling books. Bray's working background includes solo practice, nonprofit, and corporate stints, as well as long periods of volunteering, including an internship at Amnesty International's main legal office in London. She received her law degree and a Masters degree in East Asian (Chinese) Studies from the University of Washington. Bray also blogs on Nolo's Immigration Law Blog.
Most helpful customer reviews
4 of 4 people found the following review helpful.
Great place to start if you are considering becoming a landlord
By JimMar
First Time Landlord provides a useful introduction for anyone considering entering the property rental business. And it does emphasis that this is a business and most be treated as such. While it does not go into great depth, the book covers a wide spectrum of relevant topics and provides very useful guidance for obtaining additional information. As the book makes clear, there are many considerations involved in renting to someone, probably much more than the average person realizes. In some ways this book is a reality check for the novice thinking of becoming a landlord.
3 of 3 people found the following review helpful.
Certainly just a primer for the Landlord business. There ...
By Caitlan
Certainly just a primer for the Landlord business. There are a lot of plugs to go read or purchase other things for more information. I suppose you would want to reach out to as many sources as possible before diving in.
2 of 2 people found the following review helpful.
Great Resource...Keep a Reasonable Expectation
By Morgan J.
Excellent coverage of all tips and topics if you're looking for the 101 on renting out a single family home. After reading, I was able to communicate with my property manager more effectively because I could tailor my questions better. It's always easier to learn things once you know what questions to ask, and this book gave enough information to get me going in the right direction. I was able to use certain information found in this book almost immediately, with positive results. Don't expect to get in-depth with every chapter or subject matter, especially those concerning individual state or municipal laws, but you'll at least have enough know-how to keep a reasonable expectation and make appropriate decisions. Great investment!
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