Landlording on Autopilot: A Simple, No–Brainer System for Higher Profits and Fewer Headaches
A**R
A great read for newer investors!
I have heard many recommendations on podcasts that this is a must read book for newer investors. I bought on amazon and we are impressed. Some topics we were practicing, but Mike Butler had new ideas and ways to look at a situation. I like the way he stresses and implements "systems". That is definitely a highlight to the book as well as a move-in flip chart idea. We were also interested in the free downloads. Shortly after I requested info I was directed to a web site via my email. I had no problems or issues downloading the paperwork and find it very helpful and insightful. The only negative thing I found was the book was a bit outdated in marketing and communication techniques. I recommend this book to anyone newer to investing or wanting to grow their portfolio.
T**A
This is the best book on landlording that I have ever read
What a fabulous book! This is the best book on landlording that I have ever read. Some of the things that I found important:1) Landlordlocks.com - they are not that expensive and you can buy the inside chambers and just switch out your locks between tenants in about 30 seconds flat! Amazing! I now use those in all of my properties.2) All the forms are on line. He give you a website link to download everything you need to get up and running. He also has you sign up for weekly free seminars that are very helpful. Today's was about goal setting and how to close out the year (accounting stuff that I have to revisit.)3) He has all of his prospective tenants sign out keys at his office. They pay a "key" fee and also give their driver's license before they see the property. I love this idea. I even emailed and called him to ask, "what??" Don't they destroy your property? Apparently, he's never had a problem. I will try this! ;-)
F**D
Very basic
Pretty basic advice in here, not much to hang your hat on. Spends almost a full chapter explaining why you should call yourself a "Property Manager" instead of a "Landlord"...
L**A
I would recommend this book to any investor looking for for was to spend less time managing their properties.
We are small time investors with a total of 7 units that we have had for about 2.5 years. I bought this book after a recommendation from a more experienced investor. We are trying to advance to the next level and have hit a plateau . The book has many great ideas and ways to increase your current profits and spend less time managing your properties. The tenants as employees is a shift in the traditional view of "the customer". It took a little thought to see where he was coming from but Mike's assessment is correct. Being new to the industry I read a lot of books on real estate investing. I believe that this book is more relevant for investors with some experience managing properties. Beginners can certainly learn a lot from this book but there are a few things that will not be truly understood until you have been there. I believe some of the poor reviews can be attributed to this.I would recommend this book to any investor looking for ways to spend less time managing their properties.
K**E
Content is phenomenal. Already made money for me!
The book is phenomenal, I can’t put it down. I’m more studying it than I am reading it. I’ve been a landlord of a 4 units now for about 2 years, and wow, I can’t say how much this book has impressed me. So far the best “tip” I’ve taken away from here has been the “your tenants are your employees!” mentality. That for me has made value of this book it’s weight in gold x100! Also, the clause in the rental agreement at the beginning where the rent appreciates yearly at 2.9% is genius! I have a unit coming up for renewal, and I am having trouble sending a letter asking for a rent increase. Having a tenant (employee, lol) agree to yearly rent increases (COLAs) at the initial lease signing will be a huge weight lifted off of my shoulders.Don't believe the naysayers on this one guys. Those forms are free and I just downloaded them last night. If you happen to miss any or can't download some of them just email Mike and he'll get them them to you right away! That's what I did, and I had the remainder of forms I was missing within a day. Most authors would NEVER even reply to an email.Life is about going and getting what you want. Don't sit around and b!¥€h about something because you expect to have it served to you on a silver platter! Go out and grab it, or make your own path people. We're supposed to be investors, not welfare recipients!As a last resort ALL the forms are already there in the actual book for you! It won't take long to produce your own version of them if you take the time to do so.Those are my two cents.
Trustpilot
1 month ago
1 day ago