BellaOnline Forums Money Investing Rental Properties Book Review

Have you been thinking of investing in real estate? Perhaps planning to become a landlord? Then you will want to read Idiot's Guides: Making Money with Rental Properties by Kimberly Smith and Lisa Iannucci.

Rental Properties Book Review

This book has just been released in 2014. Have you read it? Have you ever invested in rental properties or rented out a room in your house?

How did it go? Are you still doing it or would you do it again? Did you have any problems?

One reason I liked this book is because the authors have experience in renting real estate. This experience is shared with the reader thereby helping you to avoid some of the problems that the authors may have encountered.

As a renter, I hope landlords read this book. I was surprised at a few of the tips mentioned in the review - things that I know of very few landlords who follow these tips. It could reduce the liability substantially for landlords, and make the renting experience easier for the renters.
The community I live in has our states flagship University, so the idea of creating a passive income stream by owning rental properties is popular here. Passive income streams still have to be managed, though. This book sounds like a good start to understanding that.

AKLisa,

That is a good perspective. I had not considered the benefits of having knowledge from being a renter. Now that I think about it, that would be a huge advantage. You would have firsthand knowledge of the issues that are most important to your tenants.