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Others say...
"A Rental Management Must" This book is written for those who are currently involved in the search for and ownership of rental property. The chapter dedicated to acquiring rental property covers financing and loans, various types of mortgage loans, other types of finance, and what to look for during a pre-purchase inspection. The chapter also stresses the importance of finding the right real estate agent, lawyer, accountant, and financial advisor.
Also included with the purchase of the book is a CD-ROM featuring pre-written forms, agreements, letters, and legal notices. Samples of the documents are also included in the book, such as a tenant information letter and a rental agreement violation letter. Legal documents are often intimidating and difficult to understand in one reading. I found the inclusion of these documents allowed me to review, research, and understand each document at my own pace.
The information presented in this book will allow a rental property manager to become pro-active rather than reactive, preventing small problems from becoming sticky situations. I recommend this book to anyone involved in the rental property management industry interested in simplifying and streamlining their business.
"Comprehensive, well-written, and useful guide" Did you know that December is the worst month to rent property? And that the best months are June and July? If you are a property manager, The Rental Property Manager's Tool Box is an essential reference and serves as a powerful tool in your management belt!
The Rental Property Management's Tool Box is a highly readable and comprehensive guide to successful property management, whether employed by a firm, self-employed, or anyone thinking of starting a career in the lucrative field of property management. Useful case studies serve to further bolster the well-researched information explained in the chapter.
The ten chapters of this book extensively cover the course of managing property, beginning with a thorough explanation of the role and function of property management. The book provides a current and historical definition of property managers and its place in the field of real estate. A special mention is made on the professional stature of managers in the field, as well as professional associations that wield great influence on the profession.
While the responsibilities of the property manager are discussed in great detail, The Rental Property Manager's Tool Box does a superb job of explaining the legal, financial, and marketing responsibilities that fall on the property manager's shoulders. Though not always in the property manager's purview, a conscientious property manager develops these skills in order to yield the maximum investment return on rental properties.
Chapter 7 enumerates the many contractors and service providers that a property manager encounters in his career, and discusses many ways to cultivate special relationships with all. Two substantial chapters are devoted to tenants--how to identify viable tenants, and what to do when tenants become problematic--are especially useful for anyone that deals with rental property.
User-friendly in nature with easy to read text and layout, the book is also illustrated and includes a very useful glossary, providing over fifty pages of property management terms as well as an extensive selection of sample rental agreements and most commonly-used forms. They are easily reproduced as a handy CD is provided as part of the book package. The book also has an easy to use index, providing quick access to the book's range of subjects and topics.
"Many Resources In One Well-Written Book" If you have or are planning to acquire rental properties, then this book is a good purchase. With an extensive table of contents, index and a glossary of terms, this volume is a one-stop research tool for any facts or forms you might need.
While some books may focus on residential rental properties, this title also covers business and industrial rental properties. With tips and tricks from real-life rental property owners and managers, The Rental Property Manager's Toolbox certainly has a lot to offer.
In addition to the print source, this book includes a CD-ROM of forms, contracts, checklists and much, much more. This is a quick and easy alternative for property owners and managers, as opposed to trying to create these documents from scratch.
This book would make a good addition to the resource collection of anyone renting or planning to rent property. Public libraries whose population has a large tourist trade and rental properties within their area would also find this title has a place on their shelves.
I give this book 5 out of 5 stars. The information is good, the resources included in the CD-ROM are beneficial, but the actual print copy of the book is appealing and easy to read.
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The Rental Property Manager's Toolbox: A Complete Guide Including Pre-Written Forms, Agreements, Letters, And Legal Notices: With Companion CD-ROM
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What our customer's say!
"The Rental Property Manager's Toolbox etc.", greetings! I purchased the CD. It had extensive information. I wanted a program dealing with accounting for just a few properties. It would be excellent for someone having a lot of properties. I returned the CD unopened when I realized it was not want I needed. Amazon kindly gave a refund.
"very good but lacking...", The Rental Property Manager's Toolbox is very well written and a very nearly complete book for new landlords, but not quite. As a new and unwilling landlord this book was a great & definite help in overcoming a very steep learning curve and a great deal of ignorance on my part. But having said that, where's the lease? A number of forms are included but there is no boilerplate lease. Also, on page 152 under credit history no mention is given of any of the numerous websites that one can purportedly get credit information on prospective tenants. I had to take my chances on what I could find out myself and talked to two professional property managers, neither of whom get credit reports either. I had to go to a lawyer software program for 1 or 2 other items as well. A solid 4 star however!
"Informative, Useful, and Easy to Understand", Ms. Burrell does an excellent job of providing an informative yet concise look at the complex business of rental property management. This book is a must read for novice investors as it allows one to enter the business with eyes wide open - aware of pitfalls and precautions that can be taken to protect the investment. Alternatively, there are so many forms, examples, techniques, and tricks for the experienced manager that it is a great read for them as well. Truly a great resource for any RPMS library - or toolbox, as the case may be.
"Make Yourself a Professional", I have a few rental properties that I've managed myself over the years, with some success, but I was looking to do better and acquired Jamaine Burrell's book to get some pointers. Her book, The Rental Property Manager's Toolbox does the trick!
The "Toolbox" has all the advice, tips, forms, and sample letters that one could possibly need to make the transition from an "amateur" rental property manager, like me, to a professional. I can see a number of areas in which I have not taken the best approach in the past (especially regarding unsupervised children) and believe that, following Burrell's advice, I can not only be a more effective manager but make more money too.
The book covers all the bases, including financial and legal issues, property acquisition options, advertising, finding and screening potential tenants, tenant problem and complaint management, and property sale, and also includes a CD with all of the forms discussed in the book. This is a great resource for anyone intending to get into property management or for anyone, like me, who has been managing properties without the benefit of professional advice.
"Avoid unnecessary hassles, buy this book!", This book is a great resource for rental property owners and managers, whether this is your first project or your fiftieth. "The Rental Property Manager's Toolbox" has everything you need to be successful in owning or managing your own rental property.
This book will teach you tips and tricks for purchasing rental property, handling legal and tax issues, dealing with tenants, maintaining properties, and even selling properties if need be. Easy to read large type and conversational format ensure that the information is as clear cut as possible. For further clarity, Burrell provides a comprehensive glossary of terms. The easy-to-use table of contents and full index make searching for that special tidbit of information a breeze. Burell also includes a list of resources such as property management companies and several rental property owners.
Included with this book is a companion CD-ROM that contains useful forms in both MSWord and PDF format. The CD runs itself, so no technical knowledge needed.
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