As the U.S. housing crisis deepens, more former homeowners are becoming renters. Other people are purchasing foreclosed or devalued properties and turning them into rental units. There are great opportunities for investors seeking to become landlords—but they must beware of pitfalls as well. This compact, easy-to-follow guide is a helpful tool for landlords and those who are considering renting out their properties.
Using a question-and-answer format, George Sheldon explains how to: decide on the right rent to charge; screen tenants to find the good ones and discourage bad ones; deal with unexpected expenses; resolve landlord-tenant disputes; and more. This concise, non-technical guide will provide quick, clean answers to the top 250 questions about how to be the best landlord and reap the best profits.