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Becoming a Landlord

The decision of becoming a landlord should always be taken with a lot of cautious thoughts. The tougher road to becoming a landlord can be made smoother with prior study and introspection. Understanding that landlords can't expect to receive monthly rent without doing anything is half the job done. Landlords are required to understand their responsibilities as stated in the law books before moving on.

After judging the pros and cons of becoming a landlord , property owners should take some time and read the laws and acts associated with tenancy minutely so that they don't infringe the legal borders due to ignorance. Special notice should be taken of fair housing act, Federal Americans with disability Act, Residential Tenancies Act, Public Health Act, Sanitary Act, and other special State Tenancy Acts.

After getting thorough with the legal nitty-gritty's, landlords need to move forward with the endeavor of becoming a landlord . Getting associated with a local Landlord Association is almost a must as they are the powerhouses of information. Next comes the task of accepting rental requisitions and scanning them. Landlords need to delve deep into the documents like credit reports to judge the risk factor. However, a very big turning point in the road to becoming a landlord is the judicious choice of a rent payer.

To give the process of becoming a landlord a final and legal shape, landlord contract is required. This legal document containing the rights and responsibilities of both the parties need to be professionally made in compliance with the Landlord Tenant Act.

 
BENEFITS
* Easy online Access
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1031 Exchange
- Basics of 1031 Exchanges
-What is a 1031 Delayed Exchange?
-Other money making strategies with 1031's
- Computing the "Real Gain" on a 1031 exchange
- 1033 -What's a 1033?
-Exchange Real Estate for Oil/Gas
Landlord Tenant Law
-Over 800 Eviction Attorneys listed in our Attorney Directory
-Deadlines for returning Security Deposit
-Lead Based Paint Regulations by state
-Tenants Rights to Notice Given before Entry
-Lease Termination Notice
-HUD/Section 8 Housing
-Fair Credit Reporting Act
-State Laws prohibiting Landlord Retaliation
Discussion/Chat Rooms
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-Legal Forum
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Landlord Management Course
Learn the insider Secrets to Successfully Managing your Property!
The Program that has helped 1,000's of Landlords cut cost and protect their investment and themselves PLUS put more money back in their pocket.!
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Landlord Basics
  • - Agreements
  • - Landlord Responsibilities
  • - Landlord Rights
  • - Avoiding Housing Mistakes
  • - Things you should know
  • - Fair Housing
  • - Advertising Vacancies
  • - Insurance
  • - Collecting Rent
  • - State Landlord Associations
  • - FAQ
  • - Glossary
  • - Forms
  • - Articles
  • - News
Maintenance
  • - Cost Saving maintenance procedures
  • - How to enter a rental unit
  • - Maintenance procedures
  • - Emergency operating procedures
  • - Emergency on-call schedule
  • - Work orders for emergency work
  • - Planning & Scheduling
  • - Maintenance log notebook
  • - Water heaters
  • - Forced air heaters & Wall mounted A/C
  • - Maintenance records
  • - Equipment/Appliance Service records
  • - Maintenance Request & work orders
  • - Property inspections
  • - Prepartaion of vacant rental
  • - Pest control
  • - Pool and Spa
  • - Independent Contractors & Outside vendors
Contractors Tips &Tricks
  • - 10 Tips for hiring a contractor
  • - 10 Reasons for extra cost with your construction project
  • - 10 Questions to ask references
  • - 10 Questions to ask when interviewing a contractor
  • - 10 Tips for preventing a dispute with your contractor
  • - 10 Warning signs you must be aware of before you sign a contract
  • - 10 Things that every construction contract should include
  • - 10 Tips to find a contractor
  • - Check contractor license status here (all 50 states)
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Rod B. - Oklahoma City, OK

...I had never done a 1031 exchange before but landlord411 gave me more than enough information to convince me this was great investment strategy for me.
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...The site has been very useful but I find the article of the week to be most informative. I like being kept up to date on issues.
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...They have a chat room so if there is something you need to know, that you can't find, someone is always there to help. This site is a really great resource.
Paul W. - Pasadena, CA

...I loved the customer service when I called. I made a mistake with my credit card and the rep was attentive and very helpful. Everything was top notch!
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