9 Part 5: Money, Money, Money! Chapter 20: Two Necessities of Property Management: Insurance and Taxes Developing a Risk-Management Plan Cover Me, I’m Going In: Making Sure You Have the Insurance You Need Talking with Tenants about Renter’s Insurance Understanding the Tax Angles Chapter 21: Financial Management and Record-Keeping Organizing Your Files Maintaining Property Records Taking Care of Business: Accounting Chapter 22: Finding New Ways to Increase Your Cash Flow Considering Nonrent Revenue Putting Lease Options to Work for You Taking Advantage of Government Programs Working in Niche Markets
10 Part 6: The Part of Tens Chapter 23: Ten Reasons to Become a Residential Rental Property Owner You Can Diversify Your Investments You Don’t Need Much Money to Start It Can Be a Second Income You Gain Tax Advantages Real Estate Holds Its Value You Get Leverage It Beats Inflation You Can Shelter Your Income You Get a Positive Cash Flow It Can Help You Retire Chapter 24: Ten Ways to Rent Your Vacant Rental Unit Maintain Curb Appeal Keep the Unit in Rent-Ready Condition Establish a Competitive Rent Offer Prospects a Rate Guarantee Provide Wireless Internet Access Offer Referral Fees Accept Pets Offer Move-In Gifts or Upgrades Contact Corporate Relocation Services Accept HUD’s Housing Choice Vouchers
11 Appendix: About the Online Kit Materials
12 Index
13 About the Author
14 Advertisement Page
15 Connect with Dummies
16 End User License Agreement
1 Chapter 7TABLE 7-1 Pros and Cons of Advertising Options
2 Chapter 16TABLE 16-1 Ordinary Wear and Tear versus Damage
3 Chapter 20TABLE 20-1 Calculating After-Tax Cash Flow
4 Chapter 22TABLE 22-1 Pros and Cons of Lease Options
1 Chapter 8FIGURE 8-1: Good newspaper ads like these can help you find the right tenant qu...FIGURE 8-2: Flyers with good photos are a great way to attract attention to you...
2 Chapter 9FIGURE 9-1: Guest card. FIGURE 9-2: Property knowledge sheet. FIGURE 9-3: Use a comparison chart to highlight your property’s competitive adv...
3 Chapter 10FIGURE 10-1: A lead-based paint disclosure form.
4 Chapter 12FIGURE 12-1: A sample first page of policies and rules (also known as house rul...FIGURE 12-2: A mold notification addendum. FIGURE 12-3: Tenant information letter.
5 Chapter 16FIGURE 16-1: This letter can help end the landlord–tenant relationship on a pos...
6 Chapter 18FIGURE 18-1: Tenant maintenance request form.
7 Chapter 19FIGURE 19-1: Crime- and drug-free housing addendum.
8 Chapter 21FIGURE 21-1: A monthly financial statement for a single-family rental home.
1 Cover
2 Title Page
3 Copyright
4 Table of Contents
5 Begin Reading
6 Appendix: About the Online Kit Materials
7 Index
8 About the Author
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