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Idiot's Guides: Making Money with Rental Properties by Lisa Iannucci, Kimberly Smith

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CHAPTER5

Landlording Basics

In This Chapter

  • Tips for getting started
  • Setting up the right systems for success
  • Detailing everything in writing
  • Leases, agreements, rules, and clauses
  • What about pets?

You’ve purchased the right property, with the right mortgage, under the right ownership structure. Now you get to roll up your sleeves and really get to work.

Your property is a reflection of you, and you should approach the management of your property with this mentality. When Kimberly opened her first property management office, she always made sure to sweep the sidewalk, wash the windows, and keep the office organized and clean. She believed that ...

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