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How To Manage Residential Property for Maximum Cash Flow and Resale Value, 7th edition

How To Manage Residential Property for Maximum Cash Flow and Resale Value, 7th edition

  • $ 3995


This book is for owners, property managers, and resident managers. It tells how to maximize your income and resale value, minimize your expenses, and reduce the hassles of residential management. It is practical, street-smart, aggressive, and thorough.

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Many readers buy one, read it, then order a half dozen more for their managers and tell them, “This is our procedure manual from now on.”

I must have read your book on apt house investing in 1995 & it changed my life for the better. Thom Garlock

I have actually purchased about 5 copies of this over the years, and I give them away to friends and clients. It is the best real estate book I have ever read!
 
And not that it makes me a better critic, but I am a real estate lawyer and investor. I have probably read more than a hundred books on the topic. I can always learn something from a book, but often have to wade through quite a bit of trash to find that "gem" with other authors.... I really enjoy your writing style and the information is the best I have seen. Shane Osowski

Thanks John!  Your books and newsletter are the best in the industry. Keep up the great work. I have quite a few of your books, and a lot of books by many others. Yet I only ever reread and refer back to your books. Your books have substance, specifics and details where others are general and wanting. Tracy

I have  been a subscriber to your news letter for 10+ years, and have purchased many  of your books.

I have found your writings to be marvelously helpful and entertaining reading. You are a real straight shooter.
 
Based on what I learned from you, I did 1031 exchanges [in]  Haddonfield[, NJ] into [an apartment] complex in Burlington, VT.
 
I have also developed two commercial facilities in  Vermont, and used your arguments and court cases to support component depreciation of 15 years rather than [39] years for landscaping depreciable life on these. Since one of these properties was built on enormous landfill, this was a huge  difference in tax deferral. Any one of the things I did above would have paid for your newsletter subscription and books many, many times  over. Larry Kruse

$39.95, 266 pages, 8 1/2 x 11 paperback

Includes:

  • How to screen out bad tenants
  • How to recruit, supervise, and how much to pay resident managers
  • What is cash flow and how to increase it
  • What to put in your lease
  • How to increase rent & how much to increase it
  • How to reduce property taxes
  • How to set up a bookkeeping system
  • When and how to discipline misbehaving tenants
  • How to manage on an absentee basis
  • How to set rents at the optimum levels
  • Why the typical excuses for not raising rents are not valid
  • Checklists for the most important period: move in and move out
  • How to maximize income other than rent
  • How to deal with emergencies
  • What policies to adopt
  • Which energy conservation measures really make economic sense
  • How to minimize water and sewer expenses
  • How to minimize telephone expenses
  • How to minimize trash collection expense
  • How to get a flat roof repaired or replaced cheaply and reliably
  • How to purchase needed supplies and replacement parts as cheaply as possible
  • What insurance you need and how to get it as cheaply as possible
  • How to deal with the unique management challenges associated with single-family rental houses
  • How to turned unused or underutilized space into rentable space
  • Property management bibliography

"Full of nuts and bolts information," says Ted Willis, Fairfield, CT.


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