Copyright © 2009
By John T. Reed,
All rights reserved.
Published by John T. Reed
342 Bryan Drive
Alamo, California 94507
Manufactured in the United States of America
John T. Reed was a landlord for 23 years. He has been a real estate writer since 1976. He has invested in New Jersey, Texas, and California. He is the editor and publisher of John T. Reed’s Real Estate Investor’s Monthly, a national newsletter—and the author and publisher of more than twenty books on various real estate investment subjects.
His real estate experience includes single-family rental houses, duplexes, a triplex, and apartment buildings
ranging in size from twelve units to over two hundred units. He has been resident manager of his own buildings and property manager for other owners. Initially, Mr. Reed owned apartments in New Jersey—one of the most anti-landlord states and one of the tightest markets. From the seventies through the nineties, he was a landlord in Texas, which was at the other end of the spectrum in both laws and market conditions. Mr. Reed holds a bachelor of science degree from West Point and a master of business administration degree from Harvard Business School.
Leigh Robinson, author of Landlording, for his invaluable assistance in publishing and marketing this book——Bill Tappan, Jr., author of Real Estate Exchange and Acquisition Techniques, for pioneering the idea of putting legal references in a book for laymen and for his comments on this book—Bob Bruss, the late real estate columnist, for his generous assistance and favorable book reviews—Apple Computer, Inc., and Adobe Systems Incorporated for producing the hardware and software I used to write, typeset, and produce this book—those who have attended my seminars for increasing my ability to get my ideas across and for correcting my errors—Dan Reed, Steve Reed, Jeff Lewis for suggesting the phrase “best practices” for the title.