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  • Format: ePub

The residential real estate market is huge and can be lucrative. However, working it correctly and with integrity is something that takes motivation and knowledge. In his comprehensive guide, John Lack details how to ensure that you get the best return for your investment by organizing and running your rental properties efficiently. With over forty years experience, Mr. Lack explains real estate terms, includes guidelines for selecting the right property, and gives advice on obtaining a mortgage. Details about running a good operation are mixed with stories about tenants and things you can do…mehr

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Produktbeschreibung
The residential real estate market is huge and can be lucrative. However, working it correctly and with integrity is something that takes motivation and knowledge. In his comprehensive guide, John Lack details how to ensure that you get the best return for your investment by organizing and running your rental properties efficiently. With over forty years experience, Mr. Lack explains real estate terms, includes guidelines for selecting the right property, and gives advice on obtaining a mortgage. Details about running a good operation are mixed with stories about tenants and things you can do to make your property more valuable. Whether you have one rental or many, you will learn how to deal with tenants, late rents, evictions, and more. Rental properties can be a great way to increase your income and net worth: you just need to know how.


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Autorenporträt
John Lack was born on January 7, 1940. He spent his entire life living in the Sacramento, CA area. He has been with his wife for 30 years and has four children, 16 grandchildren and two great grandchildren. He and his wife manage their own extensive real estate portfolio, which includes properties in the USA and abroad. He designed and built their first duplex rental in 1967, almost 50 years ago. He has been involved with rental property ever since. Starting in the mid-80s, their real estate holdings increased and eventually expanded to include several apartment complexes and commercial properties. He is a retired fire chief and was the youngest person to become a Captain in the Fire Department at the age of 27, and the youngest Battalion Chief at 34. He did considerable writing for the fire department including being co-author of the IFSTA training manual on ladders, published through Oklahoma State University. He has written two books, is halfway through a third and has started a fourth. He is currently writing a book about their bareboat sailing experiences.