Overview

Some real estate agents help their clients purchase properties and rent them out to tenants. The property can be any type: single-family homes, multifamily residential buildings, retail locations, office buildings, and mixed-use properties. The work of a real estate professional in these situations varies; they may help investors find the right property, explain cash flow and profit potential, negotiate the deal, or manage the property, among other duties. Some real estate professionals work the other side of the transaction, helping businesses and individuals find, rent, or lease the right property for their needs. Also, brokers and agents may find investing their own funds in real estate to be a good wealth-building or retirement strategy.

Rental Properties Topics

References

NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require the member's nar.realtor login.


Tips for Landlords

  1. Screen potential tenants using a written rental application
  2. Document the important facts of the agreement with a written lease
  3. Establish a fair system of setting, collecting, holding, and returning security deposits
  4. Stay on top of maintenance and make repairs when requested
  5. Provide secure premises
  6. Provide adequate notice before entering the rental space
  7. Disclose environmental hazards
  8. Choose and supervise your property manager carefully
  9. Purchase liability and other property insurance
  10. Try to resolve disputes with your tenants without lawyers and lawsuits

Source: Top Ten Tips for Landlords (NOLO, 2021)

Commercial Weekly: Apartment Demand Continues to Heat Up with Rent Growth to Remain Elevated in Next 12 Months (Economists’ Outlook, Sep. 9, 2021)

Assistance for Landlords Deferring Maintenance During the Pandemic (firsttuesday Journal, Sep. 3, 2021)

Rental Assistance Resources (National Association of REALTORS®, Sep. 1, 2021)

How Multifamily Landlords Can Step Up Their Business Performance in Uncertain Times (REBusiness Online, Aug. 31, 2021)

Background and Talking Points: CDC Eviction Moratorium Expiration (National Association of REALTORS®, Aug. 27, 2021)

Coronavirus: Housing Providers FAQs (National Association of REALTORS®, Aug. 27, 2021)

Issue Brief: CDC Eviction Moratorium Litigation (National Association of REALTORS®, Aug. 27, 2021)

New ERAP Distribution Guidelines Released (National Association of REALTORS®, Aug. 25, 2021)

Next Up: After the Eviction Moratorium (National Association of REALTORS®, Aug. 22, 2021)

Landlord Tenant Law (American Apartment Owners Association, Mar. 13, 2021)

Investing in Multi-Family Property

Proposed Limitations on Real Estate Investment (National Association of REALTORS®, Sep. 8, 2021)

How to Write a Rental Property Business Plan (Avail, Sep. 8, 2021)

Multifamily Outlook: Growth Undiminished by Pandemic-Related Disruptions (REBusiness Online, Aug. 23, 2021)

Realtor.com® Investor Report: Top Markets Where Investors Are Impacting the Inventory Crunch (realtor.com®, Jul. 29, 2021)

Institutional Investment in Build-to-Rent Booming (DSNews, Jul. 28, 2021)

Multifamily 2021 Midyear Outlook (Freddie Mac, Jul. 26, 2021)

Investments Growing In Build-To-Rent Single-Family Homes (Rental Housing Journal, Jul. 21, 2021)

Future Returns: Investing in the Undersupplied U.S. Housing Market (Barrons, Jul. 6, 2021)

Short-Term vs. Long-Term Real Estate Investment Strategies (ThinkRealty, Jul. 1, 2021)

Special Report: Multifamily Rent Forecast Update - June 2021 (Yardi Matrix, Jun. 30, 2021)

Property Management

Rethinking, Reshaping Resident Services in a Time of Social Change (Multi-Housing News, Sep. 2, 2021)

What Are the 3 Most Important Things to Tenants Post-Pandemic? (Rental Housing Journal, Jun. 22, 2021)

How to Prepare for a Safe, Successful Peak Rental Season (Multi-Housing News, May 31, 2021)

6 Factors Involved in Lease Renewals Post-Pandemic (Rental Housing Journal, May 18, 2021)

Commentary: How Local Real Estate Pros Can Prepare for ‘Zoom Boomtowns’ (Multifamily Executive, Apr. 15, 2021)

How to Keep Expenses in Check During Uncertain Times (Multifamily Executive, Apr. 12, 2021)

Navigating the Post-COVID-19 Multifamily Housing Market (Multifamily Executive, Mar. 17, 2021)

How to Make A Virtual Tour Video to Engage with Residents (Multifamily Insiders, Mar. 2, 2021)

Useful Websites

Marketing and Leasing: Multifamily Properties (Realtor.org). — NAR’s education matrix.

Multi-Housing News — Provides current news and statistics about the multi-housing industry.

National Apartment Association — A trade association for the apartment housing industry.

National Association of Residential Property Managers® — A trade association for residential property managers.

National Multi Housing Council — Provides a forum for insight, advocacy and action for members and the community.

Property Manager — Sells property management software, and shares perspectives and best practices to help manage your property management business.

Books, eBooks & Other Resources

eBooks.realtor.org

The following eBooks and digital audiobooks are available to NAR members:

The Complete Guide to Buying and Selling Apartment Buildings (eBook)

The Complete Guide to Real Estate Finance for Investment Properties: How to Analyze and Single-Family, Multifamily, or Commercial Property (eBook)

Complete Landlord and Property Managers Legal Survival Kit (Audiobook, eBook)

The Complete Real Estate Encyclopedia (eBook)

Every Landlord's Legal Guide (eBook)

Happy About Apartment Management: 30 Years of Expert Tips and Advice on Multifamily Property Management (eBook)

Insiders Tips to Operating a Successful Property Management Company (eBook)

Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits (eBook)

Opportunities in Property Management Careers (eBook)

Property Management Kit for Dummies® (eBook)

Property Manager, Community Manager, Real Estate Manager - How to Land a Top-Paying Job: Your Complete Guide to Opportunities, Resumes and Cover Letters, Interviews, Salaries, Promotions, What to Expect From Recruiters and More! (eBook)

Rich Dad's Advisors®: The ABC's of Property Management (Audiobook, eBook)

Streetwise Landlording & Property Management (Audiobook, eBook)

What Every Landlord Needs to Know: Time and Money-Saving Solutions to Your Most Annoying Problems (eBook)

Books, Videos, Research Reports & More

The resources below are available for loan through Member Support. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Member Support at 800-874-6500 for assistance.

Principles of Real Estate Management (Chicago, IL: Institute of Real Estate Management, 2011) HD 1394 In7rm

The CompleteLandlord.com Ultimate Real Estate Investing Handbook (Hoboken, NJ: Wiley, 2009) HD 1382.5 L49

Buy It, Rent It, Profit! : Make Money as a Landlord in Any Real Estate Market (New York, NY: Simon & Schuster, 2009) HD 1394 C39

7 Secrets to Successful Apartment Leasing: Find Quality Renters, Fill Vacancies, and Maximize Your Rental Income (Chicago, IL: McGraw-Hill, 2006) HD 1384 C91

Every Landlord's Legal Guide (Chicago, IL: Nolo, 2006) HD 1394 St4e

Complete Guide to Buying and Selling Apartment Buildings (Chicago, IL: John Wiley & Sons, 2005) HD 1377 B46

Practical Apartment Management (Chicago, IL: Institute of Real Estate Management, 2005) HD 1394 In7pr Ed. 5

The New No-Nonsense Landlord: Building Wealth with Rental Properties (New York, NY: McGraw-Hill, 2003) HD 1394 J76


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The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.

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