Explore a preview version of Landlording on AutoPilot, 2nd Edition right now. Mike's book guided my business every step of the way, and I owe a huge debt to Mike for his insights. As a full-time undercover police detective, author Mike Butler developed his proven, simple system for managing hundreds of rentals on the side; in this book, he shares his methods to help you transition your rentals from a headache into a fun, problem-free source of consistent higher profits and income. Investment property can be a wonderful source of income—with the right approach. If your properties are taking up too much of your life, Landlording on Autopilot is your ultimate guide to reclaiming your time—and your profit. Skip to main content.
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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Other editions. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. Preview — Landlording on Autopilot by Mike Butler.
Discover how Mike Butler managed 75 rental properties while working full-time as a police detective--before he hired any part-time help For many investors, landlording is a pain, but not for those who use Mike Butler's Landlording on Autopilot system. It's a simple, proven method for managing rental properties in your spare time--without the headaches. Mike Butler develope Discover how Mike Butler managed 75 rental properties while working full-time as a police detective--before he hired any part-time help For many investors, landlording is a pain, but not for those who use Mike Butler's Landlording on Autopilot system.
Mike Butler developed this system while he worked full time as a police officer. Includes free customizable, downloadable forms!
Using the techniques and strategies of Landlording on Autopilot will help you achieve your dreams. Get A Copy. Paperback , pages. More Details Original Title. Other Editions 5. Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about Landlording on Autopilot , please sign up.
Be the first to ask a question about Landlording on Autopilot. Lists with This Book. Community Reviews. Showing Average rating 3. Rating details. More filters. Sort order. Jan 03, Jackie rated it did not like it Shelves: landlord. Talk about a poorly titled book. This isn't about auto-piloting your land-lording. It's about micromanaging every tiny detail about land-lording, down to the color of key rings. And it's not about land-lording without using a property management company.
It's about starting your own property management company. The casual home owner who needs to rent out their property with minimal time commitment should not expect much from this ridiculous book.
Also editing was much needed. Chapters that m Wow! Chapters that meander, stories that don't fit the topic and illustrations that seem out of place. Not organized at all. Includes questionable ethics and pejorative language toward the poor.
And incomplete passive sentences. Jun 05, Devin rated it did not like it Shelves: real-estate , nonfiction. This book is garbage. Ridiculous concepts with horrible logic and argument for said concepts.
Way too many anecdotes full of superfluous background. Chapters and Chapters of stupid investing mistake stories honestly, so dumb I barely believe them. The book started off okay, with teaching depreciation, but fell into this repetitive story-transition-story format. I didn't walk away learning much.
It's mostly useless information with too many specifics in market and stupidity to copy, emulate, or This book is garbage.
It's mostly useless information with too many specifics in market and stupidity to copy, emulate, or try. This book is very much single family geared. There's not that much landlording in single family anyways so it's naturally an autopilot investing strategy. He is very bias to single family homes, which is fine, but he bashes any other investment which I thought was a little childish.
Full of stupid cliche phrases like "School of Hard Knocks" driven into the ground; this book was so hard to read. Good points came in at around p. A lot of the systems and material is also antiquated. There is a lot of reliance on "pagers" which are no longer around; this book does not age well at all.
The voicing was a bit TOO casual. Early on he sounds unsure about his expertise. He made question his authority more than once. Makes me question his authority see p.
Another "I might be using the wrong official term here"- Why are you writing a book if you don't know the terms?! Why can you not properly research what the official term is? Then, on p. I also don't like his view of tenants. On page 2 he encourage landlords to lie about being the owner to tenants This is another reason why landlords have bad reputations.
His language and the way he calls tenants "employees" is very condescending in my opinion; he asks as though they are pests or something The only positive thing I have to say about this book is that there are sample application forms in the back of the book.
This whole book basically just gets around to the point of having the proper documentation when going into a tenant-landlord relationship. Notes: "I screwed up often during the first half of my investing career because I didn't have a clue about my final objective. Investor-a person who purchases income-producing assets usually with the expectation of holding them for a long time and considers safety of principal to be of primary importance p.
Buy, fix up, and sell are things you do and may be flagged as earned income p. Keep in mind that this entity's profit will be flagged as earned income, not passive income" p. Section 8 is a HUD subsidized housing program for low income families p.
In operating rental properties, the quality of your property parallels the quality of your tenant p. Document messages you receive from your tenants. Take the original and place it in your tenant's file folder.
Save them and write the dates on the front cover of the book p. Put it on your application, rental agreement, move-in, and move-out forms p. The American's with Disabilities Act ADA says you must allow tenants to make these changes at their expense providing they return your unit to its original condition.
Don't advertise the number of properties you own or talk about your success, especially to tenants and others who might envy you p. Place flyers in the neighborhood of your rental: Grocery stores, coin-operated laundries, restaurants, apartment community parking lot, church bulletin board, hardware stores 71 Give the folks who visit your web site the opportunity to fill out some kind of form that will alolow you to call them back On your tenant application ask "What is your attorney's name?
Regardless of if they have an answer ideally, they won't , it reminds applicants of the severity of a lease and any pending lawsuits Emergency contact s includes the phrase "including nonpayment of rent.
Consider that some applicants may be illiterate, and embarrassed about it, so allow them to leave the property with the application Do not worry about seeing blank spaces in the rental application. Do not write on the original in any way, shape, or form.
It may be evidence to support your decision later; an incomplete application is one of the reasons you can disqualify an applicant Have a simple procedure for processing applications. You must document the date and time the application was submitted. Always do it in writing so you have proper documentation The previous landlord, not the current landlord, is your most powerful reference Ask these questions : Did they pay their rent on time?
Landlording on AutoPilot, 2nd Edition
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Landlording on Autopilot: A Simple, No-Brainer System for Higher Profits and Fewer Headaches
Cancel anytime. No matter how great you are at finding good rental property deals, you could lose everything if you don't manage your properties correctly! But being a landlord doesn't have to mean middle-of-the-night phone calls, costly evictions, or daily frustrations with ungrateful tenants. Being a landlord can actually be fun - if you do it right. That's why Brandon and Heather Turner put together this comprehensive book that will change the way you think of being a landlord forever.