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What I wish every rental owner knew before they called me
Most of the owners I sit down with never planned to be landlords. They moved out of a house and kept it, or they inherited one. Nobody hands you a manual when that happens, so I end up having the same short conversations over and over. Here they are, one short page at a time. Start with the quiz.
Chuck Kelley, Broker/Owner, Eclipse Property Management
Ten statements, about two minutes. See where you land on a 1 to 10 scale and what it means for your rental.
Take the QuizA landlord counts one way a rental makes money: rent minus the mortgage. An investor counts four.
Read the LessonFive things that come up in almost every owner meeting I have, from remodeling to reserves.
Read the LessonsSix books I'd hand an owner, starting with Rich Dad Poor Dad. Each one has a summary and the key points.
See the BooksFree tools for owners. No sign-up to use them.
Get a free rental analysis. We'll tell you what your property should rent for, what it needs first, and what the numbers look like. No obligation.
This is general education, not tax, legal or investment advice. Eclipse Property Management is a property management company, not a tax advisor, attorney or financial planner. Talk to a tax professional about your own situation.