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Landlording As a Second Income: The Survival Handbook
Published in Paperback by Madison Books (1998)
Amazon base price: $16.95
Used price: $11.94
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Used price: $11.94
Buy one from zShops for: $11.94
Average review score:
Waste
This book had a little information on very common issues in buying a house. Did you know that when selling a house you should keep it in nice condition i.e. no broken windows? I mean come on! This listed very obvious ideas, and it didn't go in depth on any issues. Basically if you have bought a house before, or even know someone who has bought a house; you don't need this book.
Helpful points
Interested in purchasing rental property, I picked this book up the other day. It is not a "make millions in real estate" book but a down-to-earth book written for the commen person interested in buying a couple of properties. The author tells you what he prefers to do but provides information on other options, and he always seems to point out little ways to save money. The advice seems sound and covers everything from finding a property to financing to rent collection. He covers the pros and cons of using management companies and gives the reader ideas on how to make their property more attractive to tenants. Highly recommended.
Great reference
I read an earlier edition of this book several years ago. As a landlord with over 20 years in the business, I can confidently say that this book should be required reading for anyone who is even thinking of having any rental property, whether its a basement apartment or a multi-plex. A good read for apartment dwellers as well, will give you some idea of what your landlord is dealing with.
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