First-Time Landlord's Guide

11 Strategies to Efficiently Manage Properties, Select Stellar Tenants and Be Profitable with Rentals

By: Lance Izar Echolm

Narrated by: George Acevedo

Planning to rent out your residential property for the first time and want to know what it takes to become a successful landlord?

From the outside, being a landlord may look like an easy job. Once a month you greet your tenants, collect rent from them, and leave.

Being a landlord is not as simple as it seems. Just like tenants have their share of responsibilities, so do you as their landlord and property manager.

For first-time landlords, all of this can be very overwhelming.

You may be unsure of how far your tenants can go and how to set the right tone for acceptable behavior. You may also be uncertain about the best method to keep your paperwork, taxes, and insurance up-to-date and organized. A successful landlord is a great communicator, strict accountant, and fair judge–all at once. It really is a job for an all-round talent.

The good news is that once you get the hang of it, being a landlord can be an enjoyable experience that goes beyond the extra money you collect in rental payments every month. This hands-on guide touches on all matters of importance when it comes to renting out property so that you can become a successful and efficient landlord in no time.

Inside, you’ll discover:

• What it takes to be a successful property manager.
• How to attract grade-A tenants.
• How to have a chaos-free transition.
• Get your rental payments on time.
• How and when to increase rent.
• The most profitable tax write-offs.
• Templates and resources.
• How to deal with problem tenants.

And much more.

Being a landlord is a fantastic opportunity to generate a nearly passive income. You just have to ensure good systems are in place to make landlording a four hour a week job and not a 24-hour job–which can be challenging, especially for newbies. This book can help you achieve that.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2023 Lance Izar Echolm (P)2023 Lance Izar Echolm

This Guide Saved Me From Rookie Mistakes

As someone who just got into property renting, I was totally overwhelmed until I found this audiobook. It felt like having a mentor walk me through each step, from screening tenants to handling maintenance without losing my mind or money. It's clear, practical, and actually enjoyable to listen to. I’ve already avoided a couple of costly mistakes thanks to it!

Super helpful

This book is super helpful for first time landlords. It can feel like a totally unknown world but this book teaches you everything you need to know about being a landlord. There were so many things I had not thought of before such as all the tax breaks available. Invaluable resource that I will refer back to

Great Resource!

It is full of valuable information for the new or aspiring landlord. It has these short exercises at the end of each chapter to help reinforce that particular chapter's topic and customize it to your rental business. The downloadable PDFs are very helpful. This audiobook is best for the go-getter who, while listening, wants to get things done for their rental business. I highly recommend this audiobook.

Packed With Practical Tips I Didn’t Know I Need

As someone already in the rental game, this was the kind of resource I didn’t realize I was missing. It gave me real clarity on how to avoid rookie mistakes and handle the not-so-obvious stuff—like how to screen tenants the right way or keep things organized on the business side. It’s practical without being boring, and I actually walked away feeling prepared instead of overwhelmed.

Business Essential

No matter what your line of business, it always makes sense to invest in real estate. Especially when you can rent out a property for additional income.

Echolm drops some serious knowledge regarding the ins and outs of rental income, renter selection, property management, and much more.

Many landlords will increase rent at will. However, that's not always the way to go. This title explains why and the right way to increase rent.

If it's top-notch tenants you want to attract, then you'll want to dive into this great business title and become a fantastic property manager and avoid difficult renters along the way.

Essential reading for real estate investing

Everything I needed to know about being a landlord in one spot. Great book!
if you’ve been contemplating renting your property this is your guide. Highly recommend.

Profitable Landlording 101

This audiobook, "First-Time Landlord's Guide," is an absolute gem for anyone considering renting out their property for the first time, or even for someone who know they don't have it all figured out. The narrator, George Acevedo, delivers the content in a clear and engaging manner, making it easy to follow along. The book covers everything a newbie landlord needs to know, from attracting top-notch tenants to handling potential chaos with ease. I especially appreciated the practical tips on setting the right tone for acceptable behavior and dealing with problematic tenants. Whether you're a beginner or have some experience, this guide offers valuable insights and resources to ensure a successful and profitable landlording journey. Highly recommended!

The book to get you started!

Being a first-time landlord can be overwhelming, and this book will take you step by step and give you the good, bad, and ugly about managing properties and tenants. The book goes beyond finding tenants; it covers all aspects of being a landlord, from maintaining good communication with tenants to handling rent payments and increasing rent when necessary.
What I appreciate most about this guide is its hands-on approach. It offers steps for dealing with problem tenants, managing paperwork, taxes, and insurance, and even providing useful templates and resources.

Chapter 2, in particular, stood out to me as it provided valuable insights into finding tenants, whether through online platforms or other methods. The author thoroughly explains what it takes to be a successful property manager and how to attract grade-A tenants. This chapter offered practical tips and strategies to help you set the right tone for acceptable behavior and find reliable tenants for your property.

Great Beginner's Guide

This is a great guide for first time landlords and property managers. It takes the reader through all of the necessary steps - from finding tenants and contracts, through managing the expense and dealing with difficult tenants. The voice over was slow which is good for anyone who needs this type of narration to absorb a lot of information.

good book

A good book and a good narrator. I am not a first time landlord, but still got plenty of good advice from this book.