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Property Management Books

enero 06, 2022

Best Property Management Books

Who reads books anymore? Only those who really want to know what they’re doing and to improve their performance.

While your property management software platform automates works and informs you on operations, serious property managers can never know enough about rental property investment, and how financial, legal, and performance goals are improved. This is a business and we want to be great.

Free Download:* Download the ManageCasa’s Property Management Operations 101 Handbook

Free Download:* Download the ManageCasa’s Property Management Operations 101 Handbook written by real experienced property managers as a best-practice guide for the modern property manager.

While your property management software platform (ManageCasa) is a powerful aid in automating all of these tasks, it’s still important for landlords and property managers to manage with a strategy in mind. See our post on property management strategy.

Books for Excellence in Property Management

Time-pressured and experienced property managers and landlords are busy with so much going on in the industry today.  The speed of change means no one has time or money for «school of hard knocks» style learning anymore. Yet, education is the best way to keep your edge. Books are the route to better learning.

For new and aspiring landlords and property managers, books are a vital introduction to the rental property business. Any professional wants to orient themselves around the core truths, processes and operations of property management investment, financial management, tenant management, accounting, tax management, and technology use.

And even seasoned pros like to revisit the joy of exploring and seeing their profession in a new way. Often, professionals don’t stagnate and falter because of changes in the business (technology and regulation), but more because they don’t keep their passion for it alive. Everything in life needs to be nurtured and property management is no different. Books are very intimately tied to the spirit and «joy of property management.»

Property Management Accounting Books

Give that property management accounting is vital for successful property management, it’s wise to manage it well. Expert level knowledge combined with a powerful digital accounting management platform puts you in the driver’s seat.

Accounting for Real Estate Transactions: A Guide For Public Accountants and Corporate Financial Professionals
Author: Maria K Davis
Price: $56.99

Accounting for Real Estate Transactions, Second Edition is a comprehensive reference guide, written for real estate professionals. It provides financial professionals with a powerful tool to evaluate the accounting consequences of specific deals, enabling them to structure transactions with the accounting consequences in mind in accordance with US GAAP. Accountants and auditors are provided with major concepts, clear and concise explanations of real estate accounting rules, detailed applications of US GAAP, flowcharts, and more.

 

Property Management Accounting: A Survival Guide for Non-Accountants (2009)
Author: Marc Levetin (Author), Michael Monteiro
Price: $9.95

Property Management Accounting: A Survival Guide for Non-Accountants (2009) helps landlords keep accurate records for those who have a grasp of the basic accounting concepts. The books helps explain accounting concepts for property management.

 

Book Title: The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors (Tax Strategies) (2020)
Author: Amanda Han and Matthew MacFarland
Price: $14.00

Screenshot courtesy of Amanda Han, Matthew MacFarland, and Bigger Pockets Publishing.

In this comprehensive follow-up to The Book on Tax Strategies, CPAs Amanda Han and Matthew MacFarland give you tax strategies to slash your rental property taxes and turn your rental real estate investments into a tax-saving machine.

Tax Tips include: How to use your rental properties to legally wipe out your taxable income, tax-deferral and tax-free techniques to significantly increase your return on investments, the advantage of the opportunity zone tax benefits, and strategies to take cash out of a 1031 exchange without paying taxes.

 

 

 

 

Book Title: Every Landlord’s Tax Deduction Guide Seventeenth Edition
Author: Stephen Fishman J.D
Price: $28.28

Every Landlord’s Tax Deduction Guide. Screenshot courtesy of Nolo.

Every Landlord’s Tax Deduction Guide is the only book that focuses exclusively on IRS rules and deductions for landlords. Coverage includes the latest tax laws, changes under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), landlord tax classifications, reporting rental income, hiring workers, and depreciation.

 

Book Title: Investing in Rental Properties for Beginners: Buy Low, Rent High
Author: Amanda Han and Matthew MacFarland
Price: $11.99

CPAs Amanda Han and Matthew MacFarland share the practical information you need to not only do your property taxes this year, but to also prepare an ongoing strategy that will make your next tax season that much easier and help you gain control of your bookkeeping practices.

In this book, you’ll learn creative methods to maximize your tax deductions, ways to write off your kids and travel expenses, cut down on bookkeeping time, and use simple procedures that will protect you from an IRS audit.

 

Book Title: Every Landlord’s Legal Guide Fifteenth Edition (2020)
Author: Marcia Stewart, Janet Portman and Ann O’Connell (an updated version will be released in May of 2022).
Price: $25.88

Stewart, Portman and O’Connell help you with your legal, financial, and day-to-day management to help you avoid headaches, legal fees and lawsuits. You’ll find info on how to screen and choose tenants, prepare leases and rental agreements, avoid discrimination, personal injury law lawsuits, manage maintenance, stop subleasing/Airbnb renting, and terminate a tenancy. The latest edition offers updated guidance on your state’s current laws on deposits, rent, entry, termination, late rent notices, and more.

 

Comprehensive Property Management Books

Book Title:  Professional Property Management: Professional Property Management: A Comprehensive Guide to setting Up Systems and Procedures to Increase (2013)
Author: Zenya Allen
Price: $64

Professional Property Management is a comprehensive guide on how to increase profits and productivity through an efficient and productive property management department that uses quality management procedures. Improving marketing strategies, setting up the department for long-term growth, and increasing staff stability will result in a professional residential property portfolio.

 

Indispensable Handbook for Property Managers. Screenshot courtesy of Goodrich Publishing and Elaine Simpson.

Book Title: The Indispensable Handbook for Property Managers: Building a Solid Foundation for Success
Author: Elaine M Simpson
Price: $45

Touted as the ultimate resource for managing your property and leading your team to success, The Indispensable Handbook for Property Managers is packed with valuable, timely, and insightful information and ideas to ensure that your property stands out from the competition.

Topics in this book include: building your property management staff, the ABC’s of marketing to prospective residents, Building community through social media, Covering your assets, tips on how to deliver the ultimate demonstration experience, tips on resident retention and creating an excellent resident experience, and tips on seasonal maintenance curb appeal.

 

Nolo’s Every Landlord’s Guide to Managing Property (revised 2020)
Author: Michael Boyer
Price: $21.58

The Every Landlord’s Guide to Managing Property is the ultimate property management guide for landlords who own a single-family home, condo, or small portfolio (fewer than four units) rental property.

The book covers everyday skills a hands-on landlord needs, including how to:
retain good, long-term tenants, handle maintenance such as snow removal, clogged toilet, painting, avoidig conflicts over late rent, unauthorized roommates. Learn how to manage move-out procedures, limit costly tenant turnover and vacancies, manage condos and deal with association restrictions, track income and expenses and prepare for tax time and much. A must read for any new landlord or property manager.

 

Book Title: Popular Bigger Pockets Rental Kit: The Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants with Fewer Headaches and Maximum Profits (2015)
Author: Brandon Turner
Price: $16.95

Learn how to manage the entire tenant management process for landlords including low-cost strategies to attract the best tenants who won’t rip you off, types of tenants you should never rent to, provisions that your rental lease should include, practical tips to assure your tenant pays on time and stays long-term, and how to take the pain and stress out bookkeeping and tax management.

 

Book Title: Property Management Kit For Dummies
Author:  Robert S Griswold
Price: 34.95

The Property Management Kit For Dummies helps newcomers to property management decide whether the opportunity is right for them. It includes tips on how to manage tax and insurance requirements, building maintenance concerns, and financial record keeping. The updated edition updates on the current rental property boom, new technologies, changes to the law, and tips on the latest Fair Housing regulations.

 

Book Title: Nolo’s First Time Landlord: your Guide to Renting a Single Family Home
Author: Janet Portman
Price: $24.95

A book for the first-time landlord of single family homes. It provides advice in to ease into your new role as a landlord and tips on how to grow profits while avoiding costly mistakes. It includes tips on legal obligations, estimating costs and profits, choosing good tenants and avoid problem ones, making the most of valuable tax deductions and handling home repairs and rental property management tasks. The latest edition has been updated to cover major legal changes and deductions that can benefit landlords.

 

Book Title: Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties (November 2021)
Author: Avery Carl
Price: $25.21

Avery Carl, owner of the Short Term Rental Shop explains how short-term rentals can bring in five times more cash flow than long-term rentals. She shows rental entrepreneurs how to choose, acquire, and manage a short-term rental from anywhere in the US.  She includes tips on avoiding common pitfalls, surmount obstacles which prevent short term rental entrepreneurs from launching into the rental business.

Rental Property Investment Books

Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple (2019)
Author: David M Greene
Price $16.95

Buy, Rehab, Rent, Refinance, Repeat is real estate rental property investing strategy showing you how to buy a property under market value, add value with renovations, rent it out to tenants, complete a cash-out refinance, then use that money to do it all over again.

It offers a solid plan for getting started on making money on real real estate including: how to identify target properties locally and all over the country, negotiation tactics for making offers that get accepted, how to recover 100% (or more) of your money in a deal, unique ways to increase a property’s value (and your own net worth), and how to identify emerging housing markets destined for huge growth.

 

Book Title: Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely. (2016)
Author: Mark Ferguson
Price: $18.99

Build a Rental Property Empire helps you learn everything you need to know about residential rental properties including: House Hacking, Financing, Finding Deals, Management, Repairing, Tax Strategies, and Selling all in one!

Real Estate Investing QuickStart Guide: The Simplified Beginner’s Guide to Successfully Securing Financing, Closing Your First Deal, and Building is the ultimate beginners guide to real estate investing in the post pandemic period ahead. It includes 8 hours of free online real estate courses and additional free real estate investing tools. Symon He covers the simplest, most practical and most straightforward path to help new investors ink their first deals and begin their journey to building a real estate empire.

 

Book Title: The Multifamily Millionaire, Volume I: Achieve Financial Freedom by Investing in Small Multifamily Real Estate (2021)
Author: Brandon Turner and Brain H Murray
Price $26.99

A new book by Brandon Turner of Bigger Pockets and Brian Murray (author of Crushing it in Apartments and Commercial Real Estate) share step-by-step instruction on how to get started with small multifamily real estate. Regardless of how much cash or experience you have, the The Multifamily Millionaire guides you through buying your first multifamily investment property. This gives you you a framework for turning that single investment into long-term financial freedom.

 

Book Title: The Landlord Entrepreneur: Double Your Profits with Real Estate Property Management Paperback (2017)
Author: Bryan M Chavis
Price: $14.00

The Landlord Entrepreneur provides smart practical advice. The book shifts the focus from managing residential real estate to building a dynamic property management business. Chavis provides step-by-step instructions to create a fully functioning, professional property management company in only ten days.

 

Screenshot courtesy of Bryan M Chavis

Book Title: Buy It, Rent It, Profit! (Updated Edition): Make Money as a Landlord in ANY Real Estate Market (2017)
Author: Bryan M Chavis
Price: $12.88

This updated edition of Buy It, Rent It, Profit! includes a work section and advice on being a profitable and professional landlord, protecting your investment, learning what types of property you should be purchasing, and adapting to the ever-changing world of technology in real estate. Bryan Chavis provides systems on how to attract quality tenants, negotiate lease agreements, collect rent, finance a mortgage, and manage the property overall to help you become a smart, profitable, and professional property manager.

 

Book Title: Investing in Rental Properties for Beginners: Buy Low, Rent High (2018)
Author: Lisa Phillips
Price: $9.99
Investing in Rental Properties for Beginners: Buy Low, Rent High teaches you how to tailor your investment strategy to your pocketbooks. Lisa Phillips explains how the best approach to building a rental portfolio is by purchasing units in modest neighborhoods that offer really high rents.

 

Book Title: Property Management 10th Edition (2017)
Edited by Robert C. Kyle, Marie S. Spodek, Floyd M. Baird
Price: $46.00

The highly rated Property Management textbook offers the most current and thorough introduction and overview of the property management profession available on the market today. This practical discussion explores daily issues facing practitioners, such as maintenance, accounting, administrative, and legal activities. It also has up-to-date content on federal regulations, such as civil rights, fair housing, ADA issues, and environmental concerns. The flexible format provides you with case studies, sample forms, and review questions to enhance your understanding of property management concepts.

That’s our list of some of the most informative property management books authored by some of the most experienced real estate pros and rental property investors.

Take your property management business to a more profitable level with strategies and tactics here on the ManageCasa blog. You can never know too much about property management.

Learn more about reviewing and evaluating property software and then move onto to purchasing.

 

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