CITATION

Berges, Steve. The Complete Guide to Investing in Rental Properties. US: McGraw-Hill, 2004.

The Complete Guide to Investing in Rental Properties

Authors:

Published:  April 2004

eISBN: 9780071458375 0071458379 | ISBN: 9780071436823
  • Contents
  • Section 1 How to Buy Rental Properties the Smart Way
  • 1 Real Estate for the Smart Investor
  • Historical Performance
  • Four Ways to Benefit from Owning Real Estate
  • Economic Housing Outlook for the Coming Decade
  • The Lever and the Fulcrum
  • The Magic of Compound Interest
  • How to Build a $10 Million Retirement Portfolio
  • 2 Selecting Great Rental Houses for the Smart Investor
  • How to Choose the Right Location
  • How to Choose the Right Type of House
  • Physical Condition: Inspecting Is Key
  • How to Determine the Best Price Range for Your Area
  • 3 Eight Ways to Locate Rental Houses for the Smart Investor
  • Classified Advertisements
  • Real Estate Magazines
  • Internet Searches
  • Billboards and Signs
  • Real Estate Agents
  • Scouts
  • Professional Affiliations
  • FSBOs
  • 4 Financial Analysis of Rental Properties
  • Traditional Valuation Methods
  • How Much Rent to Charge Your Tenants
  • How to Analyze Your Rental House Investment
  • Test I: Comparable Sales Analysis
  • Test II: Cash-Flow Analysis
  • 5 Financing Your Rental Property
  • Financing Terms and Conditions
  • Additional Financing Considerations
  • Loan Documentation Checklist
  • Six Smart Ways to Finance Your Rental Property
  • 6 Real Estate Sales Forms and Closing Documents
  • Real Estate Sales Forms
  • Residential Sales Contract
  • Property Condition Disclosure
  • Third-Party Financing Addendum
  • Loan-Assumption Addendum
  • Seller-Financing Addendum
  • Notice of Termination
  • Closing Documents
  • Title Report
  • Settlement Statement
  • Deed
  • Promissory Note
  • Section 2 How to Manage Rental Properties the Smart Way
  • 7 How to Find, Qualify, and Keep Good Tenants
  • How to Find Good Tenants
  • Signage
  • Classified Ads
  • Referrals
  • Locator Services
  • How to Qualify Good Tenants
  • How to Keep Good Tenants
  • The Golden Rule
  • Visibility Adds Value
  • Concentric Circles
  • 8 Lease Agreements for the Smart Investor
  • Residential Lease Agreement
  • 9 Eight Smart Ways to Increase Rents by Making These Improvements
  • Good First Impressions
  • Landscaper’s Delight
  • Fancy Fencing
  • Room to Stow
  • Room with a View
  • Flattering Floors
  • Lighting the Way
  • Clean Kitchens
  • 10 How to Decrease Expenses the Smart Way
  • Pass the Buck
  • Hire the Handyman
  • Utilize Utilities
  • A Taxing Matter
  • Dialing for Dollars
  • Management 101
  • 11 How to Manage Tenants the Smart Way
  • Your Role as a Manager
  • How to Collect Rents When They Are Due
  • When and How to Raise Rents
  • How Much to Raise Rents
  • Section 3 How to Sell Rental Houses the Smart Way
  • 12 Five Smart Ways to Enhance Your Rental House’s Marketability
  • Begin with the End in Mind
  • Maximize Your Exposure
  • Sell What the Buyer Wants
  • Price Your House to Sell
  • Sweeten the Pot
  • 13 Six Smart Ways to Negotiate for the Best Price and Terms
  • Psychology 101
  • Market Knowledge Is Key
  • The Trial Balloon
  • The Blame Game
  • Put It in Writing
  • The Chess Player
  • 14 Five Golden Rules for Success
  • The Five Laws of Gold
  • The First Law of Gold
  • The Second Law of Gold
  • The Third Law of Gold
  • The Fourth Law of Gold
  • The Fifth Law of Gold
  • Afterword
  • Glossary
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • Z
  • Index