The ultimate property management guide for the do-it-yourself landlord! Written for the millions of landlords who own a single-family home, condo, or small (less than four unit) rental property, Every Landlord's Guide to Managing Property covers everyday skills a hands-on landlord needs, including how to: retain good, long-term tenants with regular communication handle nitty-gritty maintenance--from snow removal to toilet clogs to painting avoid conflicts over late rent, unauthorized roommates, and clutter limit costly tenant turnovers and vacancies manage condos and deal with association restrictions track income and expenses and do your own taxes hire and work with contractors, lawyers, and others, and balance landlording with a day job or other pursuits. The second edition is completely updated to cover the latest legal and business issues affecting landlords, including the pros and cons of incorporating as an LLC, how to estimate reserves with a capital expenditures (CAP EX) schedule, and guidelines for buying an occupied rental property.

Author Biography

Michael Boyer is a part-time landlord, college professor, and attorney. He has graduate degrees in management and law, plus over a decade of experience as a successful do-it-yourself landlord. He has been on both sides of the landlord-tenant equation, as a landlord and as a volunteer attorney representing low-income tenants. Boyer is the author of numerous articles and chapters, and has served on many boards, including several condominium association boards. This is his first book and it is a culmination of years of collecting notes, tips, and day-to-day observations about what practices really work for the small-time landlord (especially one with a day job).