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Caring for rental properties is no easy job, especially when dealing with short-term tenants. Repairing damage and replacing parts are problems that every landlord has to face. In 50 Money-Saving Tips, Mike McLean, one of the most successful landlords in the Philadelphia area, shares his secrets for succeeding in this challenging business. Through the use of humorous, real-life stories and an abundance of practical advice, McLean covers virtually every aspect of maintaining and upgrading rental units. His tips will teach you how to deal with difficult tenants; cheaply and efficiently eliminate infestations; repair floors, walls, and ceilings; fix plumbing problems; maintain your confidence, and much, much more. On the way, the author will prevent you from making the mistakes that he made before becoming a savvy landlord. Whether you’re just starting out as a landlord or have already been one for several years, 50 Money-Saving Tips for Every Landlord will show you how to trim down your budget in ways you never knew existed.
Everything that new and veteran landlords need to know to protect their most valuable investments How do I raise the rent? How do I legally turn down a prospective tenant? How do I evict a current tenant? These are just a few of the problems that plague both new and established landlords. What Every Landlord Needs to Know provides effective solutions for everything from property and tenant issues to maintenance and repair problems, to legal obligations and responsibilities. This comprehensive guide also offers preventive tips to avert the most common problems. Landlord Richard Jorgensen: Helps landlords maximize the screening power of the rental application and credit report Covers basic maintenance and preventive measures that save time and money Explains what to do if a tenant wont pay the rent Gives tips for critical (and anxietyproducing) personal interaction between landlord and tenant for each problem Includes a sample rental application, lease, and credit check, as well as a list of credit bureaus and landlord associations
'50 Myths for HMO Landlords' aims to inform other HMO investors, and those thinking of entering the HMO market, of the many misconceptions in the business. It encourages HMO landlords to question the status quo and the generally accepted ?rules? and laws governing the business. Topics that are covered include: ? Energy conservation saves money ? Gas safety saves lives ? Tenants object to paying Council Tax ? Varying the rent affects demand ? It is hard to evict a tenant ? You need planning permission ? Single parents make the best tenants ? Money motivates staff ? Tenancy deposits are worth taking ? Inventories are worthwhile ? Insurance is cost effective Innovative and controversial, you?re unlikely to read another HMO author as frank as Jim Haliburton. In short, he covers everything you need to know to be a successful and profitable HMO investor.
The Best Ever Book of Money Saving Tips for Property Developers: Creative Ways to Cut Your Costs, Conserve Your Capital And Keep Your Cash; is the ultimate guide to saving money and getting rich quick. Filled with the craziest, funniest and most ridiculous money saving tips you can imagine, this humorous, groundbreaking resource shows you how Property Developers waste money and provides you with everything you need to transform your life. The Best Ever Book of Money Saving Tips for Property Developers is filled revolutionary tips that even the tightest Tightwad would have trouble coming up with. Bright ideas include: • Hanging out your dental floss to dry so you can reuse it later • Finding God to reduce your household expenses • Filling your Thermos at work to reduce your water bill • Fasting to reduce your food costs. Other tips include: • Cutting your bathroom costs by 50% • Changing the perception others have of you • Making your family grateful for the things they have • Getting others to help you save money • Reducing your expenditure on food and other necessities. The savings in this book are so extreme; most Property Developers won't be able to implement them. But for those that do, they'll be able to recover the cost of this book after just a few pages. Ask yourself: Are you a cost-cutting warrior willing to make the ultimate sacrifice to save money, or are you a spendthrift Property Developer who wastes money?
One of the leading names in tax preparation software now presents a guide to help filers claim all the deductions they deserve, from mortgages and charitable contributions to medical expenses, education credits, and more.
Making your money work for you ... automatically In The Automatic Millionaire David Bach unlocks the secret to getting rich. Cutting through the jargon, it's full of common-sense advice and practical strategies to help you take control of your finances. The step-by-step guide and no-budget, no-discipline, no-nonsense system makes reaching financial security amazingly simple and easy, no matter what your income. You can get rid of the debt that's holding you down. You can get on top of your day-to-day expenses. You can create a safety net that will protect you from life's unknowns. You can have the money to get the things you want. You can build a seven-figure nest egg that will keep you secure and comfortable for the rest of your life. This book has the power to secure your financial future and change your life. All you have to do is follow the one-step programme - the rest is automatic!
Before you start investing in rentals, you should know what you're getting into. If you're looking to become financially free before you reach your sixties, investing in real estate is a blueprint that's been proven to work. In the past 50 years, over 70% of American taxpayers declaring more than a million dollars on their income tax returns have invested in real estate, according to the IRS. And it's not hard to see why. From fighting off inflation and generating cash flow to property appreciation and tax benefits, real estate gives investors multiple ways to build and keep wealth. And while there are several ways to invest in real estate, investing in rental properties is an ideal starting point for beginners, even those without any real estate background. Unlike flipping or wholesaling, rental properties are simple enough to understand, and with the right knowledge and research, strategies to make money off them are not difficult to implement. However, just because it's simple doesn't mean it's something you can just get into without proper education and preparation. You have a wide range of options you need to consider when investing in rental properties-from location, type of property, type of rental arrangement, financing, and investment strategy. Ultimately, the decisions will be up to you, but before you can make the right one, you need to have all the information you need. In Rental Property Strategies, you'll find valuable knowledge and helpful advice based on years of experience in real estate. Inside, here is just a fraction of what you will discover: How to get other people to pay for your mortgage, while you continue to stay in your own house The simple method to figure out how many rental properties you need to invest in to achieve financial freedom Why you should never buy a rental property based on its potential for appreciation How to grow your portfolio from one rental property to six in less than 10 years, while keeping your debt obligations down How to peacefully and compassionately deal with tenants who fail to pay rent on time How to legally defer paying taxes on your investment property when you upgrade your investment Quick and easy ways to increase your rental income without any additional effort or expenditure The must-have back-up for every rental property to ensure you can continue your mortgage payments, no matter the economic situation And much more. Although real estate can be very lucrative, there are still quite a number of real estate investors who lose money in their investments. Whether it's taking on too much risk, getting into more than they can manage, or not studying the market beforehand, there's a lot that can go wrong when you are ill-prepared to take on a big investment. By equipping yourself with the right knowledge and surrounding yourself with the right people, you can protect yourself from losses and set yourself up for financial independence, sooner rather than later. If you want to build up your rental property portfolio in a sustainable and profitable way, then scroll up and click the "Add to Cart" button right now.
Reduce your risk and rent without worry! Being a landlord can be tricky in this volatile housing market. But with Every Landlord’s Property Protection Guide you can identify common risky situations and get specific, practical advice for dealing with them! Instead of an encyclopedic manual of how to be a landlord, author and attorney Ron Leshnower zeroes in on specific problems faced by thousands of landlords and property managers in every state – ranging from accessibility issues to mold – and shows you how to avoid them. The book includes step-by-step procedures to help landlords and managers: Get the right insurance for your property Lower the risk of crime Understand fair housing rules Stay on good terms with Uncle Sam Remove environmental hazards Become a careful, consistent steward of your property Plus, each chapter features real life ""It Won't Happen To You"" stories of those who learned the hard way what can happen when you don’t take care of problems before they arise.
The bestselling mother/daughter coauthors of "The Two-Income Trap" now pen an essential guide to the five simple keys to lasting financial peace.
Maximize your tax deductions. Rental real estate provides more tax benefits than almost any other investment. Whether you own a ten-unit rental apartment building or rent a room in your home through Airbnb, you need to know about all the valuable deductions you are entitled to take as a landlord. Every Landlord’s Tax Deduction Guide is the only book that focuses exclusively on IRS rules and deductions for landlords. With this book, you will learn about: depreciation, casualty and theft losses, start-up expenses, and other common landlord deductions IRS rules on deducting repairs and improvements vacation home tax rules proper record keeping and accounting—and much more. The book also covers landlord tax classifications, reporting rental income, hiring workers, and deducting rental losses. Filled with practical advice and real-world examples, Every Landlord’s Tax Deduction Guide will save you money by making sure you owe less to the IRS at tax time. The 13th edition is updated and revised to cover tax rules for Airbnb-type rentals.