Whether you’re in the “thinking about it” stage or well on your way to renting out a property, learn from the experts. Here are some must-read books—by lawyers, landlords, researchers, financial experts, and more. Spend some time with these titles, and become a knowledgeable, efficient, and profitable landlord.
1. Every Landlord’s Guide to Managing Property: The Ultimate Property Management Guide for the Do-It-Yourself Landlord
by Michael Boyer
This NOLO guide was written for independent landlords renting out single properties or those with a small number of units (four or fewer). NOLO guides are written by lawyers, who provide practical and legal advice on a variety of issues, such as how to screen tenants; handle maintenance, taxes, and other property management tasks; and hire and work with contractors, lawyers, and other outside contractors. Consider it legal guidance without the fees.
by Bryan M. Chavis
You’re ready to invest in real estate, but where do you start? Let author Bryan M. Chavis guide you with his steps to becoming a successful landlord and property manager. Find out how to best choose a property, protect that investment, and adapt to the dynamic world of real estate technology. The 20-year veteran of real estate management also shares systems for attracting quality tenants, lease negotiations, mortgage finance, and property management must-dos.
by Mike Butler
Author Mike Butler managed 75 rental properties while working fulltime as a police detective. Read his first-person account of how he managed his properties by putting in place systems that were easy to maintain. Butler helps readers identify the most profitable types of properties in which to invest, and he shepherds future landlords through tenant screening, rent collection, and legal compliance. Includes free customizable, downloadable forms.
by Editors of Family Handyman
100 Things Every Homeowner Must Know is chock-full of practical advice and how-tos for protecting, beautifying, repairing, restoring, and maintaining your home and lawn. The book boasts secret weapons for easy, instant repairs; how to keep rodents out of your home; and how to prepare for a natural disaster. Read up, apply these tricks of the trade to your rental properties, and make that investment last for years.
by Editors of Cool Springs Press
No need to hire an expensive professional for your next repair. The Complete Photo Guide to Home Repair focuses on the common repairs that homeowners can do for themselves. Save money and add to your repertoire of homecare skills with this book as your primer. Leaky faucet? Drywall hole? Broken gutters? Use the step-by-step photos, tool lists, and foolproof instructions for each of the more than 200 home repair projects.
by William Poorvu
Poised to buy a rental property or several? Ready to jump into real estate? Learn the rules of the game from author William J. Poorvu, who draws on his 40 years of experience in developing, owning, and managing properties as well as his three decades teaching at the Harvard Business School. In his comprehensive guide to real estate investment, Poorvu introduces players ranging from real estate moguls and small-scale developers to individual investors who work with cryptocurrencies and other risky investments. Their stories evolve throughout the book and illustrate how these people—with all their complicated needs, talents, and motives—fit into the larger process and context. Both novices and experienced professionals can glean nuggets of information from Poorvu’s presentation of the real estate game.
by Suze Orman
Author and financial expert Suze Orman brings her prosperity gospel and financial discipline message to a revised and updated edition of The Courage to Be Rich. Her latest edition addresses the financial issues and milestones people face—buying a home, marriage, divorce, and death—and spending (and overspending) on life’s necessities and luxuries. Orman shows readers how to take control of their financial tomorrows today and encourages them to find the courage to endure financial setbacks and overcome feelings of shame, fear, or anger about money. Learn how to:
- Keep money safe in a weak economy
- Speak the language of wealth rather than the language of poverty
- Break debilitating patterns that keep you from having more and being more
- Protect your life against the financial “what-ifs”
- Start over from nothing
- Use your home to secure your retirement years
- Prepare safely and wisely for the future
- Bring together the laws of wealth with the laws of life
by Brian P. Moran and Michael Lennington
Get more done in 12 weeks than others do in 12 months. Now that sounds efficient! Find out how you can do the same with your business and personal goals by digging in to find efficiencies to power your success. Authors Moran and Lennington suggest redefining what a year means, and they push the power of planning, setting goals, and scoring them.
by Mark Goulston M.D.
As a landlord, you are in relationship with your tenant(s). As in all relationships, the potential for conflict is ever present. Be armed with successful communication skills, so you can successfully (and happily) navigate these long-term, and mutually beneficial, relationships.
In Just Listen, veteran psychiatrist and business coach Mark Goulston reveals the secret to how to get through to anyone, even when productive communication seems impossible. Goulston shares simple strategies that can make you and your ideas compelling, and break down the walls that keep you from getting through to the people you need to buy into your ideas and goals.
by Amy Wilkinson
What does it take to be a successful entrepreneur? Find out the data from a collection of in-depth interviews with more than 200 leading entrepreneurs. Amy Wilkinson, a lecturer at the Stanford Graduate School of Business, identifies the six essential disciplines needed to transform your ideas into real world successes based on her trove of interviews. The Creator’s Code unlocks the six essential skills that turn small notions into big companies. Learn from the best and brightest––founders of LinkedIn, eBay, Under Armour, and Tesla Motors share their insights. The six skills aren’t rare gifts or slim chance talents and, as Wilkinson insists, they’re accessible to everyone.