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

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CHAPTER7

Property Management and Maintenance

In This Chapter

  • Assembling your property team
  • DIY maintenance or hire out?
  • Handling complaints
  • Preparing for emergencies

You’ve purchased your rental property, and you’ve ensured it’s clean, safe, and ready for occupancy. Welcome to the property management phase of landlording!

When you purchased your property, you acquired the right and responsibility to repair and maintain it. By law, landlords are required to provide properties that meet basic structural, safety, and health standards. Your specific state might have some different or stricter laws and requirements, so be sure to check. If you don’t ...

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