First-time landlord: your guide to renting out a single-family home

Description

Is owning rental property for you? -- So happy together : landlording with family or friends -- Preparing and marketing your rental property -- Screening and choosing good tenants -- Preparing a lease and getting the tenant moved in -- Manage your rental income to maximize tax deductions -- Keeping things shipshape : repairs and maintenance -- Landlord liabilities for injuries, crimes, and more -- Living in perfect harmony? : dealing with difficult tenants -- Don't want to do it alone? : hiring a property manager -- Ready to quit? : exiting the rental property business.;From the Publisher: Whether or not you call yourself a "landlord", when you rent out a house you'll want to do it right! The "Land lording 101" course for new rental property owners who are first-time landlords by way of an inheritance, divorce, investment, and purchase for a family member, or a move to a new house. 90% of small properties are owned by individual landlords, and millions in this group are balancing their landlord responsibilities with their daytime careers. First-Time Landlord provides concise information for those with little business savvy and less time and patience to become big-time real estate investors, but who wish to make money on their new property while renting it out lawfully and right! It covers: How to determine whether or not the property will turn a profit; Landlord business basics; Finding good tenants; Preparing and signing a lease; Handling Repairs; Complying with applicable rental laws; Dealing with problem tenants; Preparing for sale of property. Containing tips, true stories, and shared first-time experiences, First - Time Landlord is an indispensable book for the new landlords of today's dominant rental housing market.