Managing rental property is truly a business. If you own, or plan on owning rentals, learn how to mange them the right way. Even if you choose to use a property manager, you should know the basics…
One of the best references we’ve found over the years is Every Landlord’s Legal Guide, by Nolo. This practical reference covers legal issues and considerations that landlords and rental property managers simply must know, to operate their business well and stay out of hot water, legally! Again, the key to a great reference, like this, is that they continue to come out with updated versions as things change…
From time to time we will post links to other books on managing rental properties. Some are niche, like vacation rentals, and others take a slightly different bend like commercial properties. Expand your knowledge and expertise in about rental properties by committing to periodically reading a new book and learning from an experienced author’s persepective. But also beware, many books on rental property investing and management are outdated, may not reflect current laws and can even give terrible advice. There is no magic in rental property management, just good policies, procedures and processes!