Getting a Landlord Education
“Formal education will make you a living; self-education will make you a fortune.” — Jim Rohn
Intentionally – or not – many realtors and homeowners are finding themselves at the helm of managing a rental home with not a clue how to lease it, manage the property or the tenant. While many dial a property management professional advertising their company on Rentals.com, some brave souls delight in this challenge and try to do it themselves. After all, how hard can it be? Then reality sets in. Never fear — there is help. You can start by looking online.
Here are a few sites to search:
Visit www.nolo.com and look under the green Property and Money tab for the Landlords & Property Management section.
Visit www.narpm.org to read about educational opportunities, professional designations as well as to familiarize yourself with the professionals in your town.
Visit www.thelpa.com and www.mrlandlord.com to obtain an arsenal of specialized landlord tools.
Also, here are some great tips on renting and leasing real estate.
Finally, you can find legal rental documents at your local post office or Office Depot.