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Owner Education

What I wish every rental owner knew before they called me

Most owners don't know what they don't know

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

1. Quiz

Landlord or Investor?

Ten statements, about two minutes. See where you land on a 1 to 10 scale and what it means for your rental.

Take the Quiz
2. Lesson

How a Rental Makes Money

A landlord counts one way a rental makes money: rent minus the mortgage. An investor counts four.

Read the Lesson
3. Lessons

What Owners Learn the Hard Way

Five things that come up in almost every owner meeting I have, from remodeling to reserves.

Read the Lessons
4. Reading list

Books Worth Reading

Six books I'd hand an owner, starting with Rich Dad Poor Dad. Each one has a summary and the key points.

See the Books

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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.