Magic Mirror Investing: Your Complete Guide to Property Management - Patrick Ng - Bog

"Mirror, mirror on the wall, who is the fairest of them all?" asked the queen in the fairy tale. Then the magic mirror would respond to her with an honest answer. In reality, wouldn't it be nice if we all have a magic mirror that can tell us all the answers we want? For those of us who need to know about how to manage our own properties but lack the knowledge and experience, a magic mirror would be perfect for us every time we have questions. Unfortunately, this mirror does not exist in real life. That is why we have created this book to help, inform, and educate you like a magic mirror.In this book, we'll show you all the elements of property management. First of all, why do you even need to learn about property management? At the start, we will explore the benefits of this subject so that you can appreciate its importance. We will then discuss in what factors prospective tenants will consider in renting, so that you as landlord can prepare your property in such a way that attracts good quality tenants. Once your property is ready to rent, we will show you how to find good tenants. But remember, during your tenant selection, you are obliged to follow any fair housing regulations in your area, which are set to avoid any discrimination. We will discuss the concept of fair housing and its legal implications using the United States as an example. Keep in mind that our United States examples are for reference only. Each country and region will have different rules and regulations; you need to do some research for your own area of investment after you understand the general concept. When you finally find someone good to rent your property, you will need to know different aspects and pitfalls in the renting process. Later, you will have to close the deal with your prospects by signing a lease agreement with them. But what provisions should your lease include to protect both you and your tenants? In the case where you have already done your due diligence in selecting good tenants but you still end up with troublesome people and you want to evict them, you should definitely read the chapter on evictions so you know what to do and how to do an eviction properly.CHAPTER 1 - THE NEED FOR PROPERTY MANAGEMENTCHAPTER 2 - CONSIDERATIONS IN RENTINGCHAPTER 3 - FINDING THE IDEAL TENANTSCHAPTER 4 - SECTION 8 / GOVERNMENT-SUBSIDIZED HOUSING CHAPTER 5 - FAIR HOUSINGCHAPTER 6 - IMPORTANT ASPECTS IN RENTING CHAPTER 7 - MANAGING LEASE AND THE LEASE AGREEMENT CHAPTER 8 - EVICTION PROCESS CHAPTER 9 - FINDING NEW OPPORTUNITIESCHAPTER 10 - MARKET VALUE DETERMINATIONCHAPTER 11 - RENOVATION PROCESSCHAPTER 12 - MARKETING CHAPTER 13 - TAXATION CHAPTER 14 - COMPANY OPERATIONAbout the AuthorFree Bonuses5 Homes to Financial Freedom: a value of $49.99 A webinar recording explaining how you can achieve the equivalent cash flow of 80 rentals from just owning 5 homes. Making Real Money with Joint Ventures: a value of $49.99A webinar recording discussing the specifics about Joint Ventures and how they can be a short cut to vast residual profits with very little initial work. Rent 2 Own with No Money and No Risk: a value of $49.99A webinar recording with over 60 minutes on rent to own secrets and ways to increase your profits in Real Estate investing.A Millionaire's Mindset: a value of $49.99 A webinar recording with over 60 minutes of content giving you an insight into the mindset of a Millionaire where you will learn a bit about business, real estate, and the stock market.Power Investing: a value of $49.99 A webinar recording with over 60 minutes of content giving you an insight into the mindset of a Millionaire where you will learn a bit about the stock market and investing.Educational Grants and Credits: a value up to $3,499.99