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Author: H. John Fisher
Publisher:
ISBN: 9780692293355
Category : Landlord and tenant
Languages : en
Pages : 292
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Book Description
Rental property management is a demanding profession, no matter how many units you own or maintain. This book, authored by H. John Fisher and produced by Way Finders - now in the fourth printing of its sixth edition - has become a standard text. Property Management Manual for Massachusetts Rental Owners, in easy-to-understand language, addresses these key topics: (1) Basic law and regulations currently governing the relationship between owners of rental property in Massachusetts and their tenants; (2) Effective legal procedures and processes; and (3) Good rental management practices.
Author: H. John Fisher
Publisher:
ISBN: 9780692293355
Category : Landlord and tenant
Languages : en
Pages : 292
Get Book Here
Book Description
Rental property management is a demanding profession, no matter how many units you own or maintain. This book, authored by H. John Fisher and produced by Way Finders - now in the fourth printing of its sixth edition - has become a standard text. Property Management Manual for Massachusetts Rental Owners, in easy-to-understand language, addresses these key topics: (1) Basic law and regulations currently governing the relationship between owners of rental property in Massachusetts and their tenants; (2) Effective legal procedures and processes; and (3) Good rental management practices.
Author: Teri B. Clark
Publisher: Atlantic Publishing Company
ISBN: 0910627983
Category : Real estate investment
Languages : en
Pages : 290
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Book Description
The book covers property selection, tenant selection, inspecting premises, marketing and advertising of property, showing the property, tenant application, credit verification, employment and income verification, reference verification, lease agreement, deposits, walkthrough with tenant, collection of rent, late notices and collecting fees, statements, owner's proceeds, tenant complaints and requests, repairs, use of contractors, compliance with state and local regulation, property inspection after tenant leaves, deposit refund, accounting and computer software, income and expense, depreciation, a special section on using computers and the Internet, landlord tenant laws for all 50 states, federal housing regulations and disclosure information, legal issues, real estate terminology, techniques, advice, real estate management tools and software. Includes over 25 forms for use in the business.
Author: R. M. Santucci
Publisher: Xlibris Corporation
ISBN: 1483682889
Category : Reference
Languages : en
Pages : 208
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Book Description
The Asset Management Handbook is divided into three phases. Chapters 1 through 3 are conceptual introductions. Chapters 4, 5, 6 and 7 get into the meat of the policies and techniques of evaluating the capital needs of your property over the next 40 years. Chapters 8 and 9 help you identify which properties are doing well and which are the most threatened. What action should you take? What are the standard preservation and rejuvenation options available to a real estate portfolio manager? What is Asset Management? People are more accustomed to thinking about asset management of money or stocks or a package of annuity and savings accounts. Real estate asset management is a slower, longer term process. The properties in your portfolio, especially in affordable housing, have life cycles of 30, 40 or infinite time periods. Most nonprofit owners are not interested in selling to capture any appreciation on their properties. Their goal is to provide housing for the foreseeable future as long as the asset can perform. Many nonprofits and mid size property owners do not have a dedicated asset manager. It is extraordinarily important that someone take on that long-term analysis, be it for 10%, 25% or 50% of a full time employee. The next step is to benchmark your properties. How are you doing compared to the world? Not just on straight bottom line consideration, but how about in human services? Have you saved sufficient money to replace the roof or add the sprinklers that will be required at the next renovation? The Asset Management Handbook provides well-established objective criteria for 25 different variables. Weve seen participants in the asset management practicum expand that up to 40 variables to analyze on an annual basis. Well see how benchmarking and risk ranking of your portfolio are essential first steps in establishing its viability and needs. Capital Needs and Their Funds. In this meat of the manual, we walk you through essential policies that define how your properties will operate over the long term. We show how policies made by lenders, bankers and other short term partners can be self destructive and damaging to property owners holding for the long term. First example of the dichotomy, the lender is suggesting the reserve is sufficient when two years after their loan matures, the property will require $4 million of replacement expenditures. This is fine for investment property held for resale. You just flip it and get down the road. Most affordable housing owners do not consider selling the property as a positive outcome. Even if youve never performed a property inspection before, the Handbook offers you easy methods of counting and sorting components into well established remaining economic lives Then it is on to the massive spreadsheet that calculates the future need and the various waves in which it will appear. Exterior paint first, then roofs, windows and doors, and kitchens and baths follow and then it starts all over again. Most capital needs assessments performed by third parties make financial assumptions that are untenable. Their interest rates on earnings are overstated and their inflation rate on the components are generally understated leaving you with significant shortfalls, even if you have escrowed according to directions. We will keep you out of that trap, showing you the realistic funds that are required and the time periods when the inevitable refinancing windows will occur. Risk and Solutions. In the final section, we evaluate your primary risks. Which properties should you address first? Which properties have the strength and energy to function on their own? Then what should you do about it? Refinance? Renegotiate? Value engineer? Raise rents? In the foot race, the runner is always caught by the tsunami of required replacements. It is just a fact of the business that every 20 to 30 years youve got to re-invest a significant amount of money
Author: Steve Berges
Publisher: McGraw Hill Professional
ISBN: 0071458379
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
Maximize profits in the single-family and multi-unit rental market You probably know that small rental properties are among the safest, most affordable, and most profitable investments around. With the a little help, however, you can minimize both your investment and your costs and send your profits straight through the roof! In this comprehensive handbook, real estate investing expert Steve Berges reveals the secrets that have made him one of the most successful entrepreneurs in the field. He shows you all of the indispensable tricks of the trade, explains why they are so important, and connects them to other essential steps for super-profitable investing. Arming you with his Five Golden Rules for Success, Steve Berges also shows you how to: Select a house and negotiate the best price and terms Perform a comprehensive financial analysis to maximize value Secure financing and prepare for your closing Find qualified tenants and draft favorable lease agreements Reduce operating costs, increase rents, and improve profitability Avoid the little-known pitfalls of real estate investing With Steve Berges' expert guidance and no-nonsense advice, you can maximize your investment, minimize your time and effort, and make the most of every foray into the real estate market.
Author: Joe Beck
Publisher: McGraw Hill Professional
ISBN: 9780071439305
Category : House & Home
Languages : en
Pages : 350
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Book Description
This one-stop resource provides everything homeowners need to know about maintaining their home and property as well as preventing costly problems down the road. Each project is accompanied by step-by-step instructions, illustrations, photos, difficulty ratings, and a listing of the necessary tools. Readers will also find advice on what tools and materials to keep on hand, and tips on when to call and how to work with professionals. Sidebars, tips, and techniques from a veteran contractor make this an indispensable addition to every homeowner's library. * Coverage includes roof, chimney, and gutters; plumbing system; heating and cooling system; electrical system; floors, walls, and doors; windows; basements; driveways, walkways, and patios * Outdoor coverage includes lawn, flower beds, bushes, fences, and trees
Author: Kent B. Banning
Publisher: McGraw-Hill Companies
ISBN:
Category : Business & Economics
Languages : en
Pages : 520
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Book Description
Provides rental housing managers and supervisors with the nuts-and- bolts information they need to manage effectively; provides them with a working knowledge of the many state and federal laws and regulations they must deal with on a day-to-day basis; and addresses the critical importance of customer service. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Brandon Turner
Publisher: Biggerpockets Publishing, LLC
ISBN: 9780990711759
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 370
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Book Description
No matter how great you are at finding good rental property deals, you could lose everything if you don't manage your properties correctly! But being a landlord doesn't have to mean middle-of-the-night phone calls, costly evictions, or daily frustrations with ungrateful tenants. Being a landlord can actually be fun IF you do it right. That's why Brandon and Heather Turner put together this comprehensive book that will change the way you think of being a landlord forever. Written with both new and experienced landlords in mind, The Book on Managing Rental Properties takes you on an insider tour of the Turners' management business, so you can discover exactly how they've been able to maximize their profit, minimize their stress, and have a blast doing it! Inside, you'll discover: - The subtle mindset shift that will increase your chance at success 100x! - Low-cost strategies for attracting the best tenants who won't rip you off. - 7 tenant types we'll NEVER rent to--and that you shouldn't either! - 19 provisions that your rental lease should have to protect YOU. - Practical tips on training your tenant to pay on time and stay long term. - How to take the pain and stress out of your bookkeeping and taxes. - And much more!
Author: Mike Beirne
Publisher: Amacom Books
ISBN: 9780814429419
Category : Business & Economics
Languages : en
Pages : 342
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Book Description
The Regional Vice President of the National Apartment Association (NAA) offers his insights on property management here in 10 concise chapters. Advice covers investment, financials (including cash flow and recordkeeping), and strategies to create value.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
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Book Description
Author: Stephen R. Barber
Publisher: Institute of Real Estate Ma
ISBN: 1572031328
Category : Common interest ownership community associations
Languages : en
Pages : 335
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Book Description
