NEWS RELEASE

from John T. Reed Publishing
342 Bryan Drive, Alamo, CA 94507
Web site: www.johntreed.com/realestate.html
E-mail: johnreed@johntreed.com

FOR IMMEDIATE RELEASE Contact: John T. Reed 925-820-7262; fax, 925-820-1259
6th edition of How to Manage Residential Property... released
Alamo, CA, January 10, 2010—The 6th edition of How to Manage Residential Property for Maximum Cash Flow and Resale Value has just been released.

Improvements in the sixth edition compared to the fifth edition:

• almost every page was changed
• updated many statistics
• eliminated references to market conditions that no longer apply
• removed statements made out of date by law or technology changes
• replaced difficult-to-read one-column (business letter style) format with easier-to-read two-column format
• more subheads to make the book easier to read
• pertinent new laws
• addition of discussion of Craigslist, Yahoo Store, Dreamweaver, Google maps, Mapquest, Quicken
• greater emphasis on important points through bold type or all caps
• up-to-date interest rates
• update pertinent tax laws
• update telephone, cell phone, skype, and high-speed Internet technology changes
• use of commodity index as high-speed real time hyperinflation-protection clause
• drain-stoppage prevention
• taping for litigation prevention and litigation evidence
• reducing paper by increasing digitization
• clean photolectric switch lenses
• updated references to other books
• portable phone security
• Internet calculators
• business records exception to the hearsay rule of evidence
• replacement cost less than mortgage balance
• why there is no deductible on liability insurance coverage
• the value of the landlord’s time

Reed was a salaried property manager of over 400 units. He was also landlord of his own apartments for 23 years. Over 25,000 copies of How to Manage Residential Property for Maximum Cash Flow and Resale Value have been sold since the book first came out in 1985. Reed is also the author and publisher of Real Estate Investor's Monthly, a nationwide newsletter, as well as seven other real estate investment books. He holds a B.S. degree from West Point and a M.B.A. from Harvard Business School.