Keep your portfolio close and cushion your cash flow. The Self-Managing Landlord is your roadmap to creating lasting wealth through smart management of your rental properties.
As you start and build your real estate investing portfolio, choosing to self-manage your rental properties can save you up to 10 percent of your profit. But being a landlord can be intimidating at best and disastrous at worst?so how do you optimize your business, avoid pitfalls, and set yourself up for profitable and ethical success?
Authors Amelia McGee and Grace Gudenkauf, expert real estate investors with 70+ self-managed units combined, understand the balance between time spent and money saved with DIY property management. In this book, you'll learn from their hands-on experience so you can say goodbye to frustrating outsourcing fees and hello to efficient self-management.
In this book, you'll learn how to:
- Find Great Tenants: Attract and screen trustworthy tenants to safeguard your investments.
- Operate Ethically: Navigate landlord-tenant laws and understand your legal responsibilities.
- Maximize Profits: Optimize rent pricing, expense management, and cash flow.
- Manage Effortlessly: Use the right tools and software to streamline maintenance and turnover.
- Optimize Taxes: Know your deductions and save on taxes with write-offs for DIU landlords.
- Navigate Tenant Relationships: Foster a productive landlord-tenant relationship and handle challenges smoothly.
- Scale Out of DIY: Build a strategy to someday step out of the self-managing business.
Simplify your property management to find great tenants, maximize profits, and streamline property maintenance?all while self-managing your investment property. Say no to outsourcing and yes to more profit, time, and peace of mind!
