What most landlords learn the hard way - made easy!
Whether you dream of becoming a property mogul, or you've joined the ranks of 'accidental landlords' created by a sagging property market, Renting Out Your Property For Dummies, 3rd Edition is your roadmap to success. Melanie Bien and Robert Griswold walk you through the entire process of becoming a landlord and supply you with indispensable forms, agreements and letter templates - also available to download at the Dummies.com website.
- To be or not to be a landlord - discover if you're really cut out to be a landlord and, if not, how to find a great property manager
- Find investment properties - learn how to find, research and buy the most suitable properties for your needs
- Transition from homeowner to landlord - what every 'accidental landlord' needs to know about acquiring an official 'consent to let' from your lender, switching to a buy-to-let mortgage and much more
- Find Mr/Ms Right - find out how to prepare and advertise your property, set the rent, show your property and ensure that applicants are as trustworthy as they claim to be
- Handle tenants like a pro - get a leg up on managing tenants, including collecting and raising rents, holding onto good tenants and dealing with difficult ones
- Avoid legal hassles - acquaint yourself with the laws governing rental properties, such as the Tenancy Deposit Scheme and Energy Performance Certificates
'...an absolute must for the bookshelf of any would-be landlord, novice and experienced alike.'
- from a review of the 2nd Edition by Tom Entwhistle, Editor of LandlordZONE.co.uk
Open the book and find:
- Tips on marketing your rental property
- The best way to screen your tenants
- Hints on setting rents and managing increases
- A guide on maintaining your property - both DIY and with contractors
- Tricks on tackling rent, deposits and tenancy agreements
- All you need to know about transitioning from homeowner to landlord
- How to decide whether to manage your property yourself, or to hire an agent