List Books » Landlord's Kit: A Complete Set of Ready-to-Use Forms, Letters, and Notices to Increase Profits, Take Control, and Eliminate the Hassles of Property Management
Authors: Jeffrey Taylor
ISBN-13: 9781427754684, ISBN-10: 1427754683
Format: Paperback
Publisher: Kaplan Publishing
Date Published: December 2007
Edition: REV
Jeffrey Taylor, also known as “Mr. Landlord,” is the nation’s leading communications expert for landlords and property managers. He has been an owner of numerous rental properties from single family homes to apartment communities for 25 years. He is the founder of Mr. Landlord, Inc., a national property management-consulting firm that coaches landlords.
As seen in news media stories nearly every day, more and more properties for sale are not selling due to an oversaturated market and rising interest rates. Tens of thousands of homeowners have turned to renting out their properties. It is essential that they quickly learn how to market to ideal renters, communicate in such a way to collect timely rent, retain residents long-term, and get them to properly maintain the premises (doing all this without losing everything, including their sanity).
In this fully updated and revised edition of the bestselling The Landlord's Kit, Jeffrey Taylor, “Mr. Landlord,” the nation’s leading authority for landlords and property managers, provides every form or checklist a landlord would ever need to communicate with tenants to be successful. From the rental advertisement and initial interaction/screening to leasing, collecting rents, maintenance, lease violations, retention, and property turnover, effective landlord-tenant communications can mean the difference between making big profits or losing thousands of dollars when renting residential properties.
If you own residential rental houses or apartments, or want to some day, you're going to profit from reading "The Landlord's Kit." As a long-time residential landlord of houses and apartments, I related especially well to this book. On my scale of one to 10, this superb book rates a solid 10.
Foreword | ix | |
Preface | x | |
Acknowledgements | xi | |
Introduction | xii | |
Part 1 | Application and Verification | 1 |
Rental Availability Hot Sheet | 8 | |
Daily Phone Summary | 9 | |
House for Rent | 10 | |
Most Popular Upgrades to Offer All New Residents | 11 | |
Utility Expenses | 12 | |
Follow-Up to Inquiry | 13 | |
Rental Application/Future Homebuyer | 14 | |
Application Addendum--Acceptance of Terms | 18 | |
Holding Deposit Receipt | 20 | |
New Resident Checklist | 21 | |
Priority Waiting List Request | 23 | |
Cosigner Agreement | 24 | |
Pet Application/Registration Form | 25 | |
Consent to Perform Credit, Background, and Reference Checks | 26 | |
Law Enforcement Report Waiver | 27 | |
Employment Verification | 28 | |
Landlord Verification | 29 | |
Questions to Ask Former Landlord(s) | 30 | |
Credit Reference Verification | 31 | |
Bank Reference Verification | 32 | |
Verification and Authorization for Transfer of Security Deposit | 33 | |
Approval of Rental Application | 34 | |
Approval of Additional Resident/Roommate | 35 | |
Rental Application--Return of Deposit | 36 | |
Reason for Nonacceptance | 37 | |
Denial Based on Credit Report | 38 | |
Part 2 | Leasing Forms and Addendums | 39 |
Rental Agreement | 47 | |
Property Condition Checklist | 53 | |
30-Day Guarantee | 54 | |
Receipt for Keys | 55 | |
Rent-Up Checklist | 56 | |
Receipt of New Home Manual | 57 | |
Move-In Information for New Residents | 58 | |
Welcome to the Neighborhood! | 59 | |
Announcement and Upgrade Survey to Current Residents | 60 | |
Payday Payment Plan Is Now Available | 61 | |
Invitation to All Residents for Worry Free Payments | 62 | |
Notice of Accountability | 63 | |
Transfer Utilities Form | 64 | |
Move-In Checklist | 65 | |
Roommate Security Deposit Addendum | 66 | |
Option to Limit Future Rent Increases | 67 | |
Pet Addendum | 68 | |
Garage/Storage Rental Agreement | 69 | |
Nonapparent Disclosure | 70 | |
Waterbed Agreement | 71 | |
Oil Agreement | 72 | |
Parking Agreement | 73 | |
Crime Free Lease Addendum | 74 | |
EPA Lead Pamphlet | 75 | |
Disclosure of Information on Lead-Based Paint or Lead-Based Paint Hazards | 91 | |
Military Addendum | 92 | |
Lease Extension Agreement | 93 | |
Notice of Change/Amendment to Rental Agreement | 94 | |
Part 3 | Collection and Violation Notices | 95 |
Welcome New Resident and Future Home Buyer | 102 | |
Future Homebuyer Vouchers | 103 | |
Rent Statement/Invoice | 104 | |
Tenant Late Rent Warning and Excuses | 105 | |
Notice of Strict Enforcement of Rental Policies | 106 | |
Rent Payment Schedule Worksheet | 107 | |
Returned Check Notice | 108 | |
Late Fee Due | 109 | |
Notice to Perform or Quit | 110 | |
Rental Upkeep Violation | 111 | |
Excessive Utility Usage | 112 | |
Garbage Violation Notice | 113 | |
Noise Violation Notice | 114 | |
Automobile Violation | 115 | |
Pet Rule Violation | 116 | |
Notice to Pay Rent or Quit | 117 | |
Notice of Attorney Involvement | 118 | |
Ten Reasons Why You Should Not To Feel Guilty about Evictions | 119 | |
Good Tenant Letter | 120 | |
72-Hour Warning Notice to Report Poor Performance | 121 | |
Sample Letter to National Credit Reporting Agency to Report a Judgment | 122 | |
Financial Assistance Available | 123 | |
Partial Payment Acceptance | 124 | |
Promissory Note | 125 | |
Example of Letter to Emergency Contact (Parents) | 126 | |
Notice to Terminate Tenancy | 127 | |
Request for Judgment | 128 | |
Notice of Judgment | 129 | |
Collection Letter | 130 | |
Notice of Debt Forgiveness | 131 | |
Notice to Reclaim Personal Property | 132 | |
No Trespass Notice | 133 | |
Part 4 | Maintenance and management | 135 |
Introduction to Property Management Company | 141 | |
Maintenance Guarantee | 142 | |
Emergency Numbers and Regular Maintenance Numbers | 143 | |
Lock-Out Assistance Receipt | 144 | |
Resident Grievance and Appeal Procedure | 145 | |
Inspection Due | 146 | |
Notice of Intent to Enter | 147 | |
Drive-By Rental Inspection Notice | 148 | |
Full Inspection Report | 149 | |
Inspection Failure Report | 150 | |
Free Spring Home Tune-Up | 151 | |
Summer Checklist for Residents | 152 | |
Preparation for Colder Weather | 153 | |
Maintenance Request | 154 | |
Independent Contractor Agreement | 155 | |
Key Release | 156 | |
Time Estimate for Repair | 157 | |
Acknowledgment of Renovation to Be Done | 158 | |
Repair Completion Receipt | 159 | |
Mold Addendum | 160 | |
Safety Letter | 161 | |
Resident Release for Use of Recreational Items | 162 | |
Smoke Detector Check | 163 | |
Satellite Dish and Antenna Addendum | 164 | |
Leakage Letter | 165 | |
Utility Budget Notification | 166 | |
Freeze Warning | 167 | |
Security Notice | 168 | |
Accident/Incident Report | 169 | |
Reward for Reporting Crime | 170 | |
Suspicious Activity Record | 171 | |
Property Management Agreement | 172 | |
Power of Attorney | 175 | |
Part 5 | Retention, turnover, and advertising | 177 |
Updated Resident Information | 185 | |
Year-End Resident Survey | 186 | |
Special Thank You Note | 187 | |
Holiday Gift Certificate | 188 | |
Statement to Resident of Interest Earned on Security Deposit | 189 | |
Renter's Insurance | 190 | |
Anniversary Agenda Checklist | 191 | |
3-Star Program Anniversary Letter | 192 | |
Notice of Rent Increase | 193 | |
Renew Early--Save Money | 194 | |
Resident's Notice of Intent to Vacate | 195 | |
Planning to Move? | 196 | |
Notice To Vacating Resident | 197 | |
End of Lease Notice | 198 | |
Response to Vacating with Short Notice | 199 | |
Agreement to Cancel Lease | 200 | |
Relet Agreement | 201 | |
Receive Your Full Deposit Back When You Move! | 202 | |
Security Deposit Refund Requirements | 203 | |
Move Out and Reminder Letter | 204 | |
Resident Exit Survey | 205 | |
Itemization of Security Deposit Return | 206 | |
Vacant Units Checklist | 207 | |
Cleaning Make Ready--Rental Unit Preparation | 208 | |
Vacancy Makeover Checklist | 209 | |
Rental Market Survey | 210 | |
For Rent Flyer | 211 | |
Resident Referral Policy Agreement | 212 | |
Hello Neighbor Letter | 213 | |
Student Housing Letter | 214 | |
Marketing Letter to Local Businesses | 215 | |
Marketing Letter to Brokers | 216 | |
Notice of Sale of Property--Transfer of Ownership | 217 | |
Certificate of Recognition | 218 | |
Final Comments and Challenge | 219 | |
Index | 221 | |
Special Offers | 225 |