Overview

'So You Want To Be A Landlord' was written to benefit those of you who are contemplating becoming landlords and those who may already be in the business but are interested in finding that extra nugget that could make your business more profitable. If you are ready to take the plunge for the first time, you will find both sides of the story to help you make up your mind. The landlord business is not for everyone, but it can be your ticket to prosperity. You don't become successful overnight, and as I will mention several times, this business is a process , not a get rich quick scheme. In these pages, you will find the basics of rental real estate investing and a hands on approach to becoming--and being--a landlord. I have enclosed copies of a rental application, sample lease, and other related forms. You should find the book helpful, realistic, conversational, eye opening, sincere, and down to earth--all with a bucket of 'nuts and bolts' for running your business. The book starts by asking the question, Why do you want to become a landlord? and follows with a progression of setting goals, finding properties, 'working' the properties, and many of the every day dealings of being a landlord. Other topics include cash flow, expenses, amortization, inspections, Truth in Renting, and Here comes the Judge! There are tips on how your property can make money, learning from mistakes, negotiations, and strategies. The book is arranged in a logical manner that follows the steps that new or inexperienced investors need to follow. This book is a result of my experiences as a landlord and things I have learned from others. The deciding factor that convinced me to write a book were the repeated questions of would be investors in the classes I taught. I truly believe that there will be individuals who purchase this book and decide NOT to invest in rental real estate. The cost of the book will certainly be worth the investment for such an individual. I say to the casual investor, that no doubt, you will find within these pages a nugget of help that will be worth more than the cost of this book. It is my hope that everyone who reads 'So You Want To Be A Landlord' will benefit from its content--learning from my successes as well as my mistakes. I trust that your journey will be rewarding and prosperous.

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9781484904428

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Sam Siligato writes with 23 years of experience in real estate as an investor and also as a licensed agent in the state of New Jersey, where he lives with his wife of 28 years. Sam also holds a BS degree in Secondary Education from Rowan University ( formerly Glassboro State College) in New Jersey. He has eighteen years experience in retail business in sales and management. Using a mix of rental units and properties that were renovated and then re-sold, Sam has been working toward his goal of attaining sufficient income to help with the costs of sending his three daughters to private school and college. The cost of three weddings was more than enough motivation to find a business that could generate substantial income, income that can also provide for a comfortable retirement. Many challenges were met and overcome during the investment 'journey'. There were times over the years when he was tempted to give up, as maybe we all are sometimes, but the promise of long term rewards kept him hanging in there. The author truly has a desire to help those who are considering the rental investment business. Knowledge that can help individuals avoid costly mistakes is priceless. The 'teacher' in Sam is willing to share past experiences and guide new and current investors.

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