Streetwise Landlording & Property Management: Insider's Advice on How to Own Real Estate and Manage It Profitably (Adams Streetwise Series) (Paperback)

by Mark B. Weiss (Author), Dan Baldwin (Author) "Managing a property is no piece of cake..." (more)
Key Phrases: smart property manager, good property manager, problem tenants, New York, World War, San Francisco (more...)

Editorial Reviews

Product Description
Helpful Advice for Protecting Your Tenants and Your Investment!

As appealing and lucrative as property ownership can be, it isn’t an occupation to be learned through trial and error. It’s essential property owners understand all the ins and outs—legally and financially—for their own welfare as well as their tenants. Streetwise® Landlording and Property Management addresses all aspects of the business, from the practical to the strategic.

Decide If Property Management Is Right for You

Property management is a 24/7 job with high risks as well as rewards. Streetwise® Landlording and Property Management helps you assess whether or not you’re cut out for the job.

·Do you have the right personality for managing property?

·What are the pros and cons of buying and managing property?

·How do you determine the possible investment risks?

·What does it take to buy and sell real estate?

How to Be a Good Landlord

Landlording demands equal parts business and people savvy. Streetwise® Landlording and Property Management gives insights from expert authors who have firsthand experience.

·Dealing with all types of tenants

·Handling maintenance emergencies

·Managing multiple properties

Protect Your Investments

There is always concern that something may go wrong. Streetwise® Landlording and Property Management shows you ways of protecting your investments and preventing any major catastrophes, including:

·What type of insurance you may need

·How to financially structure your business

·How to find a good accountant, lawyer, and financial advisor

Handle the Details with Ease

There are dozens of tax, legal, and financial issues that you will have to deal with when you own property. Streetwise® Landlording and Property Management outlines the most efficient ways to deal with all of these issues.

·Local, state, and federal taxes

·Handling city ordinances

·Leases and contracts

·How to apply for a loan

About the Author
Mark B. Weiss, CCIM, is the president of Mark B. Weiss Real Estate Brokerage, Inc., which he founded in 1988. His firm is a leader in sale of commercial and investment property for private owners, financial institutions, and corporations and trusts. A graduate of DePaul University, Mr. Weiss holds many affiliations, including: Director of the Chicago Association of Realtors, and Chairman of the Commercial Investment Committee. He is also a member of the National Association of Realtors, the Realtor’s National Marketing Institute, and the Real Estate Investment Association. Mr. Weiss often appears on local television programs as a real estate expert for interviews and panel discussions.

Dan Baldwin is a full-time professional writer. Baldwin’s has coauthored Sales Prospecting for Dummies and Sell It Now, Sell It Today.

Product Details

• Paperback: 384 pages
• Publisher: Adams Media (February 1, 2003)
• Language: English
• ISBN-10: 1580627668
• ISBN-13: 978-1580627665
• Product Dimensions: 9.1 x 8 x 1 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars See all reviews (15 customer reviews)
• Amazon.com Sales Rank: #546,149 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

27 of 28 people found the following review helpful:

5.0 out of 5 stars Very Helpful, February 8, 2003

By A Customer

There are many books that I have read that discuss the how's and why's of managing property, but this book is pretty darn complete when it comes to "the real life situation" of owning and managing properties. I am looking for a deal now and think that many tips and the advice the author has in this volume is relable and written well. I have had similar tenant situations and was reminded of how important it is to listen to complaints before over reacting to the crys of the tenant. Just the other day I had a tenant complain of rodents in her unit and as the tenant complained and complained I realized that all she wanted was to be let out of her lease early. The fictious mice she complained about was really a ploy for me to know she was ready to move. I've had hundreds of similar situations where tenants have tried to manipulate me. I'm glad I didn't call the exterminator and spend $ to destroy imaginary mice. I tell this story to express the similarities I've had in owning propety too. Cudos Mr. Weiss...keep up the good work. from a Fan!

29 of 32 people found the following review helpful:

1.0 out of 5 stars Not at all what I expected based on the title., August 30, 2004

By	J. Sundquist (New York) - See all my reviews (REAL NAME)

I have read about a dozen real estate and landlording books so far. Based on the title of this one, I expected some heavy hitting information about Property Management and Landlording. Instead, what I got was a general overview of all of the topics in the table of contents, but no really good in depth material about any of it.

I also didn't like the fact that the first several chapters are about how to decide if you're cut out for this business. I was under the impression that anyone buying a book with this title would already own a property or at least be well under way.

Overall, this is a good SUPER newbie book, but if you've read even one other, don't bother.

18 of 20 people found the following review helpful:

2.0 out of 5 stars Not for beginners, July 5, 2004

By	Robert Smith (Overseas) - See all my reviews

This book is good, but the book's content doesn't match the title. This book wasn't written for people who have never owned any piece of property. The book tells you a couple of nice loopholes and hidden fees most first time landlords will get hit hit with out the blue, but that is it! They have whole sections about owning 30 and 40 resident apartment buildings which is something 9 out of 10 people that read this book will not be doing for years. A lot of the advice that they give such as get a lawyer and someone to look at the property before you buy it is common sense. This book also doesn't go into great detail about taxes and how to set the correct rent level like I thought it would. This book is good for a general overview, but that is about it.