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First-Time Landlord: Your Guide to Renting out a Single-Family Home Paperback – September 26, 2011


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First-Time Landlord: Your Guide to Renting out a Single-Family Home + Every Landlord’'s Tax Deduction Guide + Property Management Kit For Dummies
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Product Details

  • Series: First Time Landlord
  • Paperback: 376 pages
  • Publisher: NOLO; Second Edition edition (September 26, 2011)
  • Language: English
  • ISBN-10: 1413316271
  • ISBN-13: 978-1413316278
  • Product Dimensions: 9 x 6.3 x 0.8 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (51 customer reviews)
  • Amazon Best Sellers Rank: #45,624 in Books (See Top 100 in Books)

Editorial Reviews

Review

Silver Award, 2010 Robert Bruss Real Estate Book Awards (National Association of Real Estate Editors 2010-06-01) --This text refers to an out of print or unavailable edition of this title.

About the Author

Stewart writes and edits books on landlord-tenant law, real estate, and other consumer issues. She is the co-author of First-Time Landlord, Nolo's Essential Guide to Buying Your First Home, Every Landlord's Legal Guide, Every Tenant's Legal Guide, Leases and Rental Agreements, and Renters' Rights.

Bray is an author and legal editor at Nolo, specializing in real estate, immigration law, and nonprofit fundraising. She is co-author of Nolo's Essential Guide to Buying Your First Home and also edits a number of Nolo's small business books. Bray's working background includes solo practice, nonprofit, and corporate stints, as well as long periods of volunteering, including an internship at Amnesty International's main legal office in London. She received her law degree and a Masters degree in East Asian (Chinese) Studies from the University of Washington.

As Nolo's managing editor, Portman oversees editorial work on all Nolo books. She specializes in residential and commercial landlord/tenant law, legal issues related to courts, landlords and tenants, and neighbor disputes. She is the author or co-author of Every Landlord's Legal Guide, Every Landlord's Guide to Finding Great Tenants, Every Tenant's Legal Guide, Renters' Rights, Negotiate the Best Lease for Your Business, Leases & Rental Agreements, The California Landlord's Law Book and California Tenants' Rights. Portman received undergraduate and graduate degrees from Stanford University and a law degree from Santa Clara University. Before joining Nolo in 1994, she practiced law as a public defender.

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Customer Reviews

It is also very easy to read.
E. Meyers
Like other Nolo books, First-Time Landlord provides a step-by-step guide to the process of purchasing an investment property from start to finish.
Derek G
I am a first time landlord and this book really helped me understand all of the problems and advantages there are to renting.
NYdirector

Most Helpful Customer Reviews

53 of 56 people found the following review helpful By Derek G VINE VOICE on June 1, 2009
Format: Paperback Vine Customer Review of Free Product ( What's this? )
I've reviewed three Nolo books now and all three have done a wonderful job of translating complicated legal mumbo-jumbo into readable material regular folks can understand. They may not replace the advice of a lawyer in my opinion, but perhaps I'm just a wimp. I was a little apprehensive of a book publisher of this caliber teaming up with USA Today as I consider their newspaper the sort of thing people read when they don't want to learn anything. Still, in a strange way, the combination works rather well. Nolo provides the information and the pages are sprinkled with interesting factoids or Snapshot Pictures to keep the material from getting too dry and putting you to sleep. It makes the entire book reader-friendly while still providing a valuable source of info.

Here are the different chapters:
1. Is Owning Rental Property for You?
2. Landlording with Family or Friends
3. Preparing and Marketing Your Rental Property
4. Screening and Choosing Good Tenants
5. Preparing a Lease and Getting the Tenant Moved In
6. Manage Your Rental Income to Maximize Tax Deductions
7. Keeping Things Shipshape: Repairs and Maintenance
8. Landlord Liability for Injuries, Crimes, and More
9. Dealing with Difficult Tenants
10. Hiring a Property Manager
11. Exiting the Rental Property Business

Each chapter has subchapters with specific topics that are easily referenced via the table of contents if you are searching for something specific.

Like other Nolo books, First-Time Landlord provides a step-by-step guide to the process of purchasing an investment property from start to finish.
Read more ›
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28 of 30 people found the following review helpful By E. Meyers on July 3, 2010
Format: Paperback Verified Purchase
I bought this book when starting a rental business. This book is eye-opening, really. I surprised my real estate agent. It gives many hands on details as well as resource for further learning. It is a small book so don't expect it to help you make million dollar decision, however, for a small rental business in initial stage, this is pretty much all you need. This book also helped me avoid a few costly mistakes. It is also very easy to read.
What can be a better compliment than simply saying: I read it and I am making money following it's advice!
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37 of 41 people found the following review helpful By J. Jacobs VINE VOICE on September 4, 2009
Format: Paperback
This easy-to-read book goes over the basics of renting out a single family home. Most of it is easy to understand and reading the book will provide one with a good base of information.

I was disappointed that this book didn't mention anything specifically related to renting out a part of owner-occupied property and how that situation might be similar to or different from renting out an entire house. Also, the discussion on depreciation of investments and what impact that will have at the time of sale was not well explained.

This is a good book to read for some initial information, but you'll probably need to consult other sources as well.
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20 of 25 people found the following review helpful By JShew on April 18, 2009
Format: Paperback Verified Purchase
This is an excellent book, but be aware that it serves as an "advertisement" for other NOLO books. It would be nice if it contained more legal information instead of recommending (repeatedly) the purchase of additional books from the same publisher.

Nonetheless, it points out many useful ideas about being a first time landlord.
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14 of 18 people found the following review helpful By Modern Blue Argonaut on May 12, 2009
Format: Paperback Vine Customer Review of Free Product ( What's this? )
Much of this book is common sense, but coming in at almost 300 pages plus the index, there is a wealth of information in here.

USA Today, in a joint effort with NOLO takes readers by the hand and explains in simple language the business of becoming a landlord. The graphics were well-placed, interesting, and informative.

Some of the things in the book appeared to be silly & unnecessary (such as don't hit your tenant, page 199). Other information was very valuable, such as providing accommodation for disabled persons, checking tenants credit (it says you don't need their permission!), and checking the sex offenders database. I also liked the staging checklist, but the book is full of checklists and bulleted lists that help to ensure you are covering your bases.

Overall, it was a very informative read and should be useful for new landlords.
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4 of 4 people found the following review helpful By J Zhang on August 27, 2013
Format: Kindle Edition Verified Purchase
This is like a very informative webpage inside a book. Short, succinct, and summarized. Perfect for a new or inexperienced landlord. Sometimes you just need a short book with all the key points listed (such as what you're responsible for, how to avoid getting sued, etc.).
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4 of 4 people found the following review helpful By Sue on July 6, 2013
Format: Paperback Verified Purchase
We had previously rented property and used a management company. Although they did fine overall, we were not happy with many things. This book covers the things that we really needed to know.
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4 of 4 people found the following review helpful By Andrea on November 27, 2012
Format: Kindle Edition Verified Purchase
Good book if you are a new on this matter, but if you need something more or you already know the business get another book, this one is just the basic, great for beginners.
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