The Landlord's Financial Tool Kit

Good basic accounting principles specifically for the landlord residential rental. Good reference. I would highly recommend for anyone not familiar with basic bookkeeping.

I've been in the business for 10 years and try and read at least a book or two a year on buying/managing rental property. This book isn't horrible, but it has the same pitfalls of most books for the small landlord; most of the information is obvious. Buy a good house in a good neighborhood... Gee thanks I would have never thought of that. This book is a little better than some, in that it does provide some detail, but just as soon as it starts to get interesting it stops. For example, it mentions buying in places that have good population and income growth. But then mentions nothing about how to do that, such as looking at census data or what have you. This holds true for pretty much every point he'd try and make. If you know nothing about real estate it might not be a bad read, as nothing he says is wrong, but I'd have to think there are better books out there.

Originally borrowed a copy from the local library. Bought this copy to have a permanent reference.