Part 4

Operating the Property

IN THIS PART …

Comprehend that being a good landlord requires knowledge, training, and experience if you lease your property to tenants.

Glean from the mistakes of the many landlords who have come before you when renting their property so you don’t encounter the same issues.

Know how to attract and retain good tenants, which can boost the value of your property, by following our time-tested strategies of property management.

Be prepared for the unexpected or unfortunate if they should occur, by having the proper insurance and risk management plans in place.

Account for all the income and expenses on your investment properties, know how to legally reduce your tax bill, and understand the ins and outs of the 2017 Tax Cuts and Job Acts bill.

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