10 Part 6: The Part of Tens Chapter 23: Ten Reasons to Become a Residential Rental Property Owner You Can Diversify Your Investments You Don’t Need Much Money to Start It Can Be a Second Income You Gain Tax Advantages Real Estate Holds Its Value You Get Leverage It Beats Inflation You Can Shelter Your Income You Get a Positive Cash Flow It Can Help You Retire Chapter 24: Ten Ways to Rent Your Vacant Rental Unit Maintain Curb Appeal Keep the Unit in Rent-Ready Condition Establish a Competitive Rent Offer Prospects a Rate Guarantee Provide Wireless Internet Access Offer Referral Fees Accept Pets Offer Move-In Gifts or Upgrades Contact Corporate Relocation Services Accept HUD’s Housing Choice Vouchers
11 Appendix: About the Online Kit Materials
12 Index
List of Tables
1 Chapter 7TABLE 7-1 Pros and Cons of Advertising Options
2 Chapter 16TABLE 16-1 Ordinary Wear and Tear versus Damage
3 Chapter 20TABLE 20-1 Calculating After-Tax Cash Flow
4 Chapter 22TABLE 22-1 Pros and Cons of Lease Options
List of Illustrations
1 Chapter 8FIGURE 8-1: Good newspaper ads like these can help you find the right tenant qu...FIGURE 8-2: Flyers with good photos are a great way to attract attention to you...
2 Chapter 9FIGURE 9-1: Guest card. FIGURE 9-2: Property knowledge sheet. FIGURE 9-3: Use a comparison chart to highlight your property’s competitive adv...
3 Chapter 10FIGURE 10-1: A lead-based paint disclosure form.
4 Chapter 12FIGURE 12-1: A sample first page of policies and rules (also known as house rul...FIGURE 12-2: A mold notification addendum. FIGURE 12-3: Tenant information letter.
5 Chapter 16FIGURE 16-1: This letter can help end the landlord–tenant relationship on a pos...
6 Chapter 18FIGURE 18-1: Tenant maintenance request form.
7 Chapter 19FIGURE 19-1: Crime- and drug-free housing addendum.
8 Chapter 21FIGURE 21-1: A monthly financial statement for a single-family rental home.
Guide
1 Cover
4 Table of Contents
6 Appendix: About the Online Kit Materials
7 Index
Pages
1 i
2 ii
3 1
4 2
5 3
6 4
7 5
8 6
9 7
10 8
11 9
12 10
13 11