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Full Description
MORE PROFIT, EFFICIENTLY & CONSISTENTLY
So you've identified that owning rental property is a smart investment. But are you ready to become a landlord? Many think being a landlord is either a nightmare filled with late-night sewer backups and evictions, or a cakewalk, as easy as watching the rent checks flow in. The reality is somewhere in the middle—but exactly where depends on how you engineer your approach.
Over the past two decades, author Richard Sturtevant has developed optimized systems to lease and manage single-family rental homes. He knows how to maximize the potential of each unique piece of real estate while minimizing the effort required at each phase of the rental cycle. The results have been clear when profits have been realized and reinvested (without hesitation) into more real estate.
In Landlord Like an Engineer, you'll learn his proven approach to: • Optimize your rental property to maximize your revenue potential. • List and market your property to attract great tenants. • Scrutinize the tenant selection process. • Handle inspections, damages, security deposits, and evictions to avoid headaches. • Leverage technology and specifics in your lease agreements for efficiency. • Vet and retain the most essential contractors. • Manage a short-term rental property, which is more like running a hotel. • Hire a property manager to save time and increase profits. • And more!
If you've realized that being a landlord has both incredible potential and mind-numbing pitfalls, Landlord Like an Engineer is your practical guide for success and profit.
Contents
Why I Landlord like an Engineer The Baseline "Landlord like an Engineer"—Solving: People + Property = Profit The Four Traits to Be a Successful Landlord—Can You Do This? Optimizing Your Rental Property—Making the Best of What You Have The Rental Cycle—Long-Term Rentals Listing and Marketing Your Property for Rent Tenant Selection and Screening The Landlord's Responsibilities The Tenant's Responsibilities The Lease—Your Blueprint Property Turnover—Learn from Your Mistakes and Do It All Again Advanced Property Management Security Deposits—An Unlevel Playing Field Evictions—Find a Work-Around and Move On Owner Resources—The Help You'll Need Short-Term Rentals—Airbnb and VRBO Technology and Tricks of the Trade Hiring a Property Manager—It's About Saving Time and Making More Money Profit with Your Rental Property ACKNOWLEDGMENTS
