Planning to rent out your residential property for the first time and want to know what it takes to become a successful landlord?

From the outside, being a landlord may look like an easy job. Once a month you greet your tenants, collect rent from them, and leave.

Being a landlord is not as simple as it seems. Just like tenants have their share of responsibilities, so do you as their landlord and property manager.

For first-time landlords, all of this can be very overwhelming.

You may be unsure of how far your tenants can go and how to set the right tone for acceptable behavior. You may also be uncertain about the best method to keep your paperwork, taxes, and insurance up-to-date and organized. A successful landlord is a great communicator, strict accountant, and fair judge–all at once. It really is a job for an all-round talent.

The good news is that once you get the hang of it, being a landlord can be an enjoyable experience that goes beyond the extra money you collect in rental payments every month. This hands-on guide touches on all matters of importance when it comes to renting out property so that you can become a successful and efficient landlord in no time.

Inside, you’ll discover:

• What it takes to be a successful property manager.
• How to attract grade-A tenants.
• How to have a chaos-free transition.
• Get your rental payments on time.
• How and when to increase rent.
• The most profitable tax write-offs.
• Templates and resources.
• How to deal with problem tenants.

And much more.

Being a landlord is a fantastic opportunity to generate a nearly passive income. You just have to ensure good systems are in place to make landlording a four hour a week job and not a 24-hour job–which can be challenging, especially for newbies. This book can help you achieve that.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.