According to the latest data from the U.S. Census Bureau and the U.S. Department of Commerce, 92 percent of the nation’s rental properties are owned by individual investors. These investors oversee billions of dollars worth of real estate every year. Now, The Unofficial Guide to Managing Rental Property will help these investors–most of them first-time landlords with properties of fewer than four units–to manage and profit from their new investments. Featuring sample forms and letters, and packed with valuable tips, this easy-to-follow guide comprehensively covers how to:

• Find and finance great rental property and calculate rent and profit
• Invest in rehabbing a property
• Legally set rental criteria
• Write legal, effective ads; interview and screen applicants to ensure responsible tenants
• Find good tax advice and keep on top of new government regulations
• Successfully evict delinquent tenants, collect damages, and keep the property intact