Learn the Legalities of Income Property and Home Rental Business – A Book Review

Have you ever consider owning rental properties, but were unsure about the issues and legalities of the rental business? If so, I sure have the perfect book for you, one that will help keep you out of trouble and prevent you from getting taken to the cleaners. The book is called;

“Managing Rental Properties for Maximum Profits; Save Time and Money with Greg Perry’s Foolproof System for Buying the Right Properties, Finding and Keeping Good Tenants, Getting Paid On Time, Fixing and Maintaining Your Properties, Handling Tenant Complaints, Keeping Good Records and So Much More,” by Greg Perry; Prima Publishing, USA (1993); ISBN: 1-55958-572-2.

This book explains how to evict bad tenants and how not to get them in the first place. It explains the tricks to advertising for the best renters, so you can protect your properties, collect rents smoothly and have a hassle free rental business. Greg explains to the reader the goal of putting your properties on Auto Pilot, and improving your cash flow in the process.

Everything in this book has been great advice and Mr. Perry indeed knows his stuff. Although this book was written over a decade ago, all the advice on dealing with renters and tenants is timeless. There are chapters on record keeping, small claims courts, and selling the properties too. Mr. Perry at the time he wrote the book owned over 50-properties and was a former professor at a community college in Oklahoma.

I’d seriously recommend this book to anyone that owns rental properties or is considering renting out any of their existing properties. It also serves as a great guide for those considering on investing in rental properties. So please think on this.