Managing Rental Properties for Maximum Profit, Revised 3rd Edition

We had a problem. We wanted to get rid of our rent house and get out of the business. We looked through lots of books and settled on this and another one. The other turned out to be for more professional rent house owners. This one spoke DIRECTLY TO US. We were surprised at how this author seemed to be talking directly to us, in a manner that a friend would do. He told US advice, not just on how to sell our rent house but how to make it work if we kept it. We decided to give it another round of tenants but ony if we followed the advice in these pages. Much of it, such as the open house concept that we'd only thought applied to houses for sale, dramatically worked to change EVERYTHING about rent houses for the better! We now love being rent house investors and we are looking for more properties. If this book had cost twice as mich, it would be worth only a fraction of its value even then. I strongly encourage you to read this if you really dislike being a landlord.

I have struggled to keep up with my 2 rent houses. What a nightmare they were! I have ALL the books and never until this one have I got REAL answers to my problems. I am SHOCKED this is not required reading by every property owner in America, not just rental property owners. You never know when you'll inherit a house you can't sell (that was my problem) and you're faced with being an instant landlord. For answers, get this book!

This is the third book that I would recommend, but best in its class. The first would be "Rich Dad, Poor Dad". The second would be "Cashflow Quadrant". Both are by Robert Kiyosaki. Then, read this book. You will be well on your way to retirement, perhaps earlier than you think! Not a get-rich-quick book, but a get-rich-as-soon-as-possible.

I read a previous edition of this book from the library and had to get my own copy for reference. A lot of other books that offer practical information tend to treat tennants like cattle. This book is best for people with relatively few units. It gives great hands-on advice on how to be a stern, but fair and approachable landlord. It also gives great tips on saving time and getting good people to rent your apartments.

The advice was easy to read and will be easy for me to implement. There were several ideas that Mr. Perry brought up that would have taken me years to discover on my own. His approach is also the most humane of the three books on the subject that I have read... the others treated tenants as money milking objects, Mr. Perry treats them as he would like to be treated.