Managing Rental Properties for Maximum Profit, Revised 2nd Edition

By Greg Perry

Book Overview

There is no reason why landlords must sacrifice their entire lives to managing rental properties-especially if they own just one or two properties. But still, more and more landlords wind up completely frustrated from the constant demands on their properties. In his book, Managing Rental Properties for Maximum Profit, author Greg Perry shares a foolproof system for managing rental properties, making money, and having lots of spare time. Other books on the market offer landlording advice for the big-time landlord, the owner of apartment complexes, and rental corporations. This book is intended for the less-encumbered landlord, someone who just owns one or a handful of properties. This 2nd edition is revised with the latest information on federal housing laws and the use of computers for more efficient record keeping, including a clear guide to researching property listings on the Internet. There are also up-to-date samples of leases, rental applications, eviction notices, and other important documents that can be customized. Readers will learn how to: Attract desirable tenants Keep good tenants happy and get rid of bad tenants Save a fortune on renovations, advertising, and other expenses Buy new properties and turn them into the most attractive houses on the block About the Author Greg Perry owns and manages or co-manages over 50 rental properties, mostly single-family dwellings. He says his foolproof system for rental management has turned his rental business into a virtual turnkey operation. He is the author of 46 computer how-to-books and teaches full-time at a community college. He lives in Tulsa, Oklahoma.

• Format: Paperback
• Language: English
• ISBN: 0761508414
• ISBN13: 9780761508410
• Release Date: March 1997
• Publisher: Prima Lifestyles
• Length: 336 Pages
• Weight: 0.95 lbs.
• Dimensions: 8.5" x 0.8" x 5.5"

Customer Reviews

I needed only one answer.. and got much more!

We had a problem. We wanted to get rid of our rent house and get out of the business. We looked through lots of books and settled on this and another one. The other turned out to be for more professional rent house owners. This one spoke DIRECTLY TO US. We were surprised at how this author seemed to be talking directly to us, in a manner that a friend would do. He told US advice, not just on how to sell our rent house but how to make it work if we kept it. We decided to give it another round of tenants but ony if we followed the advice in these pages. Much of it, such as the open house concept that we'd only thought applied to houses for sale, dramatically worked to change EVERYTHING about rent houses for the better! We now love being rent house investors and we are looking for more properties. If this book had cost twice as mich, it would be worth only a fraction of its value even then. I strongly encourage you to read this if you really dislike being a landlord.

Finally, a book that speaks to ME

I have struggled to keep up with my 2 rent houses. What a nightmare they were! I have ALL the books and never until this one have I got REAL answers to my problems. I am SHOCKED this is not required reading by every property owner in America, not just rental property owners. You never know when you'll inherit a house you can't sell (that was my problem) and you're faced with being an instant landlord. For answers, get this book!

Want Passive Income? Get This Book!

This is the third book that I would recommend, but best in its class. The first would be "Rich Dad, Poor Dad". The second would be "Cashflow Quadrant". Both are by Robert Kiyosaki. Then, read this book. You will be well on your way to retirement, perhaps earlier than you think! Not a get-rich-quick book, but a get-rich-as-soon-as-possible.

Excellent for those just starting out!

I read a previous edition of this book from the library and had to get my own copy for reference. A lot of other books that offer practical information tend to treat tennants like cattle. This book is best for people with relatively few units. It gives great hands-on advice on how to be a stern, but fair and approachable landlord. It also gives great tips on saving time and getting good people to rent your apartments.

Very well written

The advice was easy to read and will be easy for me to implement. There were several ideas that Mr. Perry brought up that would have taken me years to discover on my own. His approach is also the most humane of the three books on the subject that I have read... the others treated tenants as money milking objects, Mr. Perry treats them as he would like to be treated.