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A LANDLORD'S GUIDE FORCULTIVATING PROFITABLE TENANTS (or, WHAT EVERY TENANT SHOULD KNOW ABOUT LANDLORD'S RIGHTS.) By Walter Smoter Frank & Sylvia Friedman. Copyright © 1988 by Walter S. Frank & Sylvia Friedman. TXU 237-877. ISBN 0-96l9554-O-6. This "book" or any part thereof may not be reproduced without the permission of the authors. Published by: FRONTIER, Seattle, WA 98101.. Revised by the authors for the WEB, 2000. Contact: fsmoter-msn.com (due to auto-generated spam, you supply the @ in place of the -). PREFACE : For the writing of this book we have relied on fifty-four combined years of managing our own residential properties as well as the real estate of others. In the interim we have served respectively as editor and secretary for a Rental Association and have listened to hundreds of landlords across the United States and Canada. Landlord Tenant relations, we have learned, can be very demoralizing to the uninformed. We found the landlord's biggest concern is not managing and maintaining their rental properties, but handling the people who live in them. Most landlords will admit privately that one-third of their tenants leave much to be desired. When we purchased our first rental properties and started dealing with tenants, our experiences were the same. We spent many years chasing the rent and trying to keep tenants in line, then spent weeks cleaning up the mess and the bills many left behind. Today, less than one in ten of our tenants create any difficulties, and serious rent payment problems are almost non-existent. The overwhelming majority of our tenants also leave their rentals clean and undamaged when they move. The reason for our lack of problems is our method of dealing with tenants. We handle them the same as one would handle a planting for his house or garden. If one spends a little time selecting and cultivating, few problems and great bounty follow. As anyone with a green thumb knows, however, there are always a few plantings that go astray. They must be brought under control quickly or pulled up by the roots and discarded. Some tenants must be dealt with in a similar manner. Whether you have a single home or a multiplex for rent, the contents of this book will provide many easily adaptable methods for attracting, choosing and dealing with tenants. Furthermore, you will gain a understanding of how today's landlord/tenant relations have come about and an understanding of the landlord's ignored and overlooked rights. With this knowledge you will not only reduce present or future problems, but add to your profitability. That is why you are in the business. The first part of this guide is devoted to attracting profitable tenants, the second part to transplanting them, the third part to nurturing them and a small fourth part to uprooting any possible bad seeds. CONTENTS ONE. HOW TENANTS FIND HOUSING TWO. WHAT TENANTS WANT IN HOUSING They Can't Have Everything Telephone Impressions Sensible Appointments Rental's Features Summary PART TWO. TRANSPLANTING TENANTS FOUR. INSPECTING POTENTIAL TENANTS "Types" of Tenants Perception Listening Looking Applications Application Example Summary FIVE. REFUSING POTENTIAL TENANTS Your Rights Twenty-five Reasons For Refusing Tenants Unlawful Detainer Registers Retaliatory "Law Suits" Summary PART TWO B "Bad" Neighbors Large Rent increases Unfulfilled Promises Uninvited Visitors Summary EIGHT. DEALING WITH TENANTS NINE. WHY TENANTS MOVE TEN. THE VACATING TENANT ELEVEN. EVICTING THE TENANT This "book" is a guide designed to provide accurate and authoritative information. It is sold with the understanding that neither the publishers nor the authors are engaged in rendering legal advice. Because of various state and local laws, detailed legal research, or expert assistance may be required in determining the exact laws of your locality. If legal advice or other expert assistance is required, the services of a competent professional should be sought. (Copyright © 1988 by Walter Frank & Sylvia Friedman. TXU 237-877. ISBN 0-96l9554-O-6. This "book" or any part thereof may not be reproduced without the permission of the Authors. Published by: FRONTIER, Seattle, WA 98101. Revised by the authors for the WEB, 2000.) Contact: fsmoter-msn.com (due to auto-generated spam, you supply the @ in place of the -). |