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The Biggest Mistakes Real Estate Investors Make

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  1. 1. Overview 1
    2. PART ONE: LEASING
  2. Setting Rents 9
  3. Signs Of Low Rents 27
  4. Excuses For Not Raising Rents 33 (SEE VIDEO)
  5. Advertising 53
  6. Leasing 65
  7. Processing Move-Outs And Move-Ins 75
    8. Video about Chapter 4: Excuses for not raising rent

    PART TWO: OTHER INCOME
  8. Cash Management 81
  9. Laundry Income 83
  10. Garages 89
  11. Forfeited Security Deposits 93
  12. Other Income 97

    13. PART THREE: POLICIES
  13. Policies 101
  14. The Lease 109

    15. PART FOUR: EXPENSES
  15. Expenses 119
  16. Property Taxes 123
  17. Electricity 127
  18. Lights 133
  19. Appliances 139
  20. Separate Meters 145
  21. Gas 151
  22. Heating Oil 153
  23. Water And Sewer 155
  24. Telephone 161
  25. Trash Collection 165

    26. PART FIVE: RESIDENT MANAGERS
  26. Recruiting Resident Managers 169
  27. How Much To Pay Your Resident Manager 175
  28. How To Supervise Your Resident Manager 181

    29. PART SIX: FLAT ROOFS
  29. Flat Roofs 191

    30. PART SEVEN: PURCHASING
  30. Purchasing 193

    31. PART EIGHT: INSURANCE
  31. Insurance 199

    32. PART NINE: BOOKKEEPING
  32. Bookkeeping Techniques 209

    33. PART TEN: ABSENTEE MANAGEMENT
  33. Absentee Management 215

    34. PART ELEVEN: LOAD FACTOR
  34. Reducing The Load Factor 219

    35. PART TWELVE: EMERGENCIES
  35. Emergencies 225

    36. PART THIRTEEN: HOUSES
  36. Rental Houses 233

    37. PART FOURTEEN: MAINTENANCE
  37. Maintenance 241

    38. APPENDIXES
    A. Pertinent references 245
    B. Definitions 251

    Index 255