Secrets of a Millionaire Landlord [Paperback]

Robert Shemin (Author)

Book Description

Series: Secrets of a Millionaire... | Publication Date: October 5, 2001

Bestselling author and millionaire landlord Robert Shemin outlines an efficient, step-by-step system for simplifying and organizing every aspect of the landlord process. In addition to sharing real-life "war stories" from his many years as a landlord, Shemin also provides helpful hints and useful forms, policies, and procedures. Secrets of a Millionaire Landlord reveals: *Why most landlords fail-and how to avoid making these mistakes *The best types of property to own and manage *Seven hints to help rent units faster and for more money *Guerrilla marketing tactics that attract good tenants *Six secrets of screening for great tenants

Editorial Reviews

About the Author

Robert Shemin, JD, MBA, is a nationally recognized landlording expert who has appeared on The Montel Williams Show, Leeza, National Public Radio, and more than 50 other nationally-syndicated and major-city talk radio programs.  He has spoken to more than 10,000 landlords in the past two years, and is a frequent, paid lecturer before many Apartment Associations around the U.S.  The audiotape series on which Secrets of a Millionaire Landlord is based, entitled Secrets of Landlording, sells for $289 and has proven very popular.

 

In addition to his extensive, ongoing media schedule and speaking tours, Shemin manages over 200 residential rental units in Nashville, TN.  He enjoys being a hands-on landlord, with unique ideas on landlording that are fun, fresh, lucrative, and highly effective.

Product Details

• Paperback: 256 pages
• Publisher: Kaplan Publishing; 1st edition (October 5, 2001)
• Language: English
• ISBN-10: 0793148251
• ISBN-13: 978-0793148257
• Product Dimensions: 8.6 x 7.2 x 0.6 inches
• Shipping Weight: 12.8 ounces
• Average Customer Review: 3.6 out of 5 stars  See all reviews (19 customer reviews)
• Amazon Best Sellers Rank: #283,602 in Books (See Top 100 in Books)
  • #72 in Books > Business & Investing > Real Estate > Sales

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Customer Reviews

Most Helpful Customer Reviews

22 of 24 people found the following review helpful:

3.0 out of 5 stars Average...you can get more info elsewhere., November 25, 2001

By A Customer

This review is from: Secrets of a Millionaire Landlord (Paperback)

Mr. Shemin offers a few good ideas, but this book lacks the detail of other texts on the subject. Instead, I would recommend the following alternatives:

"Landlording: A Handy Manual for Scrupulous Landlords and Landladies Who Do It Themselves" (9th Ed), by Leigh Robinson.

"Every Landlord's Legal Guide (Book & CD-ROM)" by Marcia Stewart, Janet Portman, Ralph E. Warner

"The Landlord's Troubleshooter" by Robert Irwin

...

13 of 14 people found the following review helpful:

3.0 out of 5 stars Food For Thought, October 19, 2002

By A Customer

This review is from: Secrets of a Millionaire Landlord (Paperback)

This book provides some good food for thought. It encourages the reader to think about landlording in the same light as any other business, and about tenents as customers. It covers many often overlooked areas that can mean the difference between success and failure as a landlord. The information is presented in a direct, easy-to-understand format, without a lot of technical or legal jargon. The author also manages to make the text seem like personal advice from a friend. Examples from his own experience make the book engaging rather than dry.

That said, I recommend that this be only a starting point or adjunct to one's education about renting property. The author's practices in some areas are shady at best, and illegal at worst. Additional testimony to the author's lack of integrity is seen in the way he describes a potential problem and says, 'that's why my company never (or always) does such and such'. Then later in the book he tells a personal story in which his company did exactly the opposite of what he'd previously indicated. Either he fabricates some of his stories, or makes false claims about his policies. In either case, his credibility is suspect. This happens several times throughout the book.

8 of 8 people found the following review helpful:

5.0 out of 5 stars Robert is the voice of experience, February 7, 2003

By 

David Nelson "Certified Health and Business C... (Gresham, Oregon, USA) - See all my reviews

This review is from: Secrets of a Millionaire Landlord (Paperback)

People hate being landlords generally because they have not established proper business policy and proceedures. Robert Shemin's experiences are varied, and he's developed systems, policy and proceedures from thw hardest areas to landlord, and that is low income tenants. He's known for helping honmeless people buy homes. If your just getting started, and you establish the policies and proceedures outlined in this book, you'll avoid a lot of head aches, have happy tenants, and have a good solid business.

I do however think that Robert should right a book entitled "The Adventures of a Millionaire Landlord", this guy has seen and experienced it all, the good, the bad, and the downright ugly.

It's a fun read, not boring, lots of common sense. Robert is not afraid to think outside the box.