First-Time Landlord's Guide
11 Strategies to Efficiently Manage Properties, Select Stellar Tenants and Be Profitable with Rentals
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Narrated by:
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George Acevedo
About this listen
Planning to rent out your residential property for the first time and want to know what it takes to become a successful landlord?
From the outside, being a landlord may look like an easy job. Once a month you greet your tenants, collect rent from them, and leave.
Being a landlord is not as simple as it seems. Just like tenants have their share of responsibilities, so do you as their landlord and property manager.
For first-time landlords, all of this can be very overwhelming.
You may be unsure of how far your tenants can go and how to set the right tone for acceptable behavior. You may also be uncertain about the best method to keep your paperwork, taxes, and insurance up-to-date and organized. A successful landlord is a great communicator, strict accountant, and fair judge–all at once. It really is a job for an all-round talent.
The good news is that once you get the hang of it, being a landlord can be an enjoyable experience that goes beyond the extra money you collect in rental payments every month. This hands-on guide touches on all matters of importance when it comes to renting out property so that you can become a successful and efficient landlord in no time.
Inside, you’ll discover:
- What it takes to be a successful property manager.
- How to attract grade-A tenants.
- How to have a chaos-free transition.
- Get your rental payments on time.
- How and when to increase rent.
- The most profitable tax write-offs.
- Templates and resources.
- How to deal with problem tenants.
And much more.
Being a landlord is a fantastic opportunity to generate a nearly passive income. You just have to ensure good systems are in place to make landlording a four hour a week job and not a 24-hour job–which can be challenging, especially for newbies. This book can help you achieve that.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2023 Lance Izar Echolm (P)2023 Lance Izar EcholmWhat listeners say about First-Time Landlord's Guide
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- Manya Belliappa
- 31-07-23
Comprehensive resource!
This book is an invaluable resource for anyone venturing into the world of property rental. As a first-time landlord, I was initially overwhelmed by the responsibilities and uncertainties, but this guide provided the clarity and confidence I needed and guided me throughout the process.
It covers everything from attracting top-notch tenants to efficiently managing paperwork, taxes, and insurance. The tips on communication, rent collection, and handling problem tenants are priceless. I especially appreciated the templates and resources provided, which streamlined the entire process. Highly recommend!
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- DCAL Gear Customer Support
- 09-07-23
Related Ideas: Survival food stockpiling Prepper'
The audio book "First-Time Landlord's Guide: 11 Strategies to Efficiently Manage Properties, Select Stellar Tenants and Be Profitable with Rentals" by Lance Izar Echolm is an absolute gem for anyone venturing into the world of property management. This comprehensive guide deserves a resounding five-star rating for its exceptional content and practical advice.
Lance Izar Echolm's expertise shines through as he expertly navigates the complex landscape of being a first-time landlord. The audio book provides invaluable strategies to efficiently manage properties, carefully select top-notch tenants, and ultimately maximize profitability. Echolm's clear and concise explanations make even the most daunting concepts easy to understand for beginners.
The audio format adds another layer of convenience, allowing listeners to absorb the wealth of knowledge while on the go. Echolm's narration is engaging and his delivery is articulate, making it a pleasure to listen to.
From tenant screening to property maintenance, this guide covers every aspect of successful property management. Echolm's insights are practical, actionable, and based on real-world experiences, providing a solid foundation for both novice and experienced landlords.
Whether you're a first-time landlord or looking to enhance your existing rental business, "First-Time Landlord's Guide" is an indispensable resource. Highly recommended!
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- Michelle Manzo
- 12-07-23
This Guide Covers It All
This is a very comprehensive book for first time landlords or landlords who want to do it right! The author covers all the basics on management and how to select the best tenants, how to take care of all the problems you will encounter as a landlord including repairs, getting the best servicemen to work with you on restorations and repairs. This is a must read if you intend to become a landlord and even want to be a better landlord. I highly recommend this book.
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- maduka
- 18-07-23
Great Book.
If you're thinking about getting into property management, "First-Time Landlord's Handbook" is a must-read. This book is an invaluable guide for first-time landlords, providing them with the information they need to effectively manage their properties, find responsible tenants, and turn a profit from their rental assets.
The guide's focus on effectiveness and financial gain is one of its many benefits. Property selection, tenant screening, lease agreements, upkeep, and rent collection are just some of the topics the author covers in depth. Each tactic is thoroughly broken down and reinforced by concrete examples, allowing readers to grasp the ideas behind them and put them into practise.
This book is ideal for first-time landlords since it provides a comprehensive introduction to the property management industry. The author provides advice on every facet of property administration, from keeping up with market trends and determining rental pricing to advertising homes and handling legal and financial problems. This all-encompassing strategy helps readers increase their rental income via well-informed decision making.
In addition, the "First-Time Landlord's Handbook" stresses the need of carefully choosing renters. Landlords may prevent or reduce the likelihood of problems by following the author's advice on tenant screening, background checks, and clear expectations. Positive landlord-tenant relationships may be fostered if readers prioritise tenant selection and keep lines of communication open.
The writing style is straightforward and uncomplicated, making it easy to understand for individuals of diverse academic backgrounds. In this book, the author simplifies difficult ideas so that even inexperienced landlords may understand and implement them successfully. The book also includes helpful templates, checklists, and references for readers to use as they go through the property management process.
Despite the book's helpful advice, it's crucial to remember that property management is very sensitive to regional and local factors. If you want to be sure you're following the rules in your area, it's up to you to modify the advice and talk to specialists there.
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- Taha
- 15-07-23
Good Resource
If you're a first-time owner or want to improve your property management skills, this book will help you get started on the right path. This audibook has expert tips on everything to do with being a landlord, from knowing what makes a good property manager to how to find great tenants. The part about keeping the move from one place to another organized is especially helpful. This will make sure that both you and your renters have a smooth and stress-free rental process.
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- Bekah
- 11-07-23
Covers so much
This book covers so much! It covers all aspects of property management, from attracting high-quality tenants to maintaining a harmonious landlord-tenant relationship. The author's expertise shines through as they guide readers through the process, providing insights on setting the right tone for acceptable behavior, managing paperwork, taxes, and insurance, and fostering effective communication with tenants.
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- Joh
- 12-07-23
Great info!
I got this audiobook out of curiosity and now it makes me want to hope in the landlord industry. The author goes over the rules that you’ll need to know, tips on how to pick out a good tenant, spending awareness, and more! I liked this!
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- Mark
- 14-07-23
Become an amazing landlord!
From the outside, it may seem that becoming a landlord is as easy as collecting rent every month. But it's actually more than that requiring different aspects of property management which thankfully this book completely covers. The part that I like most about this book is how to deal with problem tenants which I've actually seen a lot. So if you're looking to rent out your property and/or becoming a property manager, then this book is certainly for you. A must-listen!
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- Charles
- 12-07-23
Fantastic Guide For First Time Landlords
This is an invaluable resource for anyone considering or embarking on their journey as a first-time landlord. Whether you're seeking knowledge to manage properties efficiently, select tenants, or maximize profitability, this guide has you covered. I highly recommend this audiobook to anyone looking for practical advice and a solid foundation in rental property management.
Kudos to the author for creating such a valuable resource, and to the narrator for delivering it with expertise and clarity. It's definitely worth the investment of your time and money!
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- Anonymous User
- 16-07-23
Great info for potential Landlords
This book offers priceless guidance and realistic tactics that are thorough and simple to use. This audiobook covers every facet of effective property management, from identifying the essential traits of a competent property manager to locating great tenants.
The audiobook's best segment explores how to deal with problematic renters, a subject that many landlords experience. Echolm gives listeners the skills and information they need to deal with these circumstances in a confident and professional manner.
This audiobook is essential listening for anyone looking to become a landlord for the first time or grow their rental property business. You'll be able to choose excellent renters, manage your properties effectively, and eventually succeed in the rental market.
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