This helpful guide for new landlords examines the management process in-depth, providing a personal touch and firsthand...




A manual delivers advice on managing rental properties.

After writing a guide to purchasing rentals, Brandon Turner (The Book on Rental Property Investing, 2016) returns with his wife as co-author to counsel new investors on effectively running their properties. “What exactly are we talking about here? What IS landlording?” the couple ask before answering with a common theme throughout their how-to book: “Landlording IS a business.” The main point behind each chapter examining common tasks is that “the differences between a business and hobby is having systems and processes for everything you do.” The many processes they delineate for landlords establish mostly safeguards against tricky legal situations: “You don’t want to find your mug on the front page of the Sunday paper for discrimination that you didn’t even know you were doing. Ignorance is no excuse for discrimination.” In particular, their lengthy dissection of fair housing practices draws specific and important distinctions taken straight from personal experiences, like the difference between refusing to build a tenant a ramp and denying a tenant the option to construct the ramp. They even venture into marketing, explaining how various laws can play a major role in advertising an apartment to rent and attracting the best tenants possible. Over the course of the volume, numerous lists like “6 Ways to Keep Yourself Free From Lawsuits” and a guide to evicting a tenant sometimes rehash material or present seemingly obvious details, such as getting copies of a lease to all parties. But the thorough nature of this step-by-step format ensures that new landlords can be confident they have everything covered, even down to knowing the proper equipment and lighting tips for producing the best ad photos. The authors also include case studies of fractious tenants and evictions from their own experiences, reassuring new landlords that there is a way to solve even the most difficult situations.

This helpful guide for new landlords examines the management process in-depth, providing a personal touch and firsthand insights.

Pub Date: Oct. 28, 2015

ISBN: 978-0-9907117-5-9

Page Count: 392

Publisher: BiggerPockets

Review Posted Online: Feb. 17, 2017

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Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...


A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 4, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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A deftly argued case for a new kind of socialism that, while sure to inspire controversy, bears widespread discussion.


A massive investigation of economic history in the service of proposing a political order to overcome inequality.

Readers who like their political manifestoes in manageable sizes, à la Common Sense or The Communist Manifesto, may be overwhelmed by the latest from famed French economist Piketty (Top Incomes in France in the Twentieth Century: Inequality and Redistribution, 1901-1998, 2014, etc.), but it’s a significant work. The author interrogates the principal forms of economic organization over time, from slavery to “non-European trifunctional societies,” Chinese-style communism, and “hypercapitalist” orders, in order to examine relative levels of inequality and its evolution. Each system is founded on an ideology, and “every ideology, no matter how extreme it may seem in its defense of inequality, expresses a certain idea of social justice.” In the present era, at least in the U.S., that idea of social justice would seem to be only that the big ones eat the little ones, the principal justification being that the wealthiest people became rich because they are “the most enterprising, deserving, and useful.” In fact, as Piketty demonstrates, there’s more to inequality than the mere “size of the income gap.” Contrary to hypercapitalist ideology and its defenders, the playing field is not level, the market is not self-regulating, and access is not evenly distributed. Against this, Piketty arrives at a proposed system that, among other things, would redistribute wealth across societies by heavy taxation, especially of inheritances, to create a “participatory socialism” in which power is widely shared and trade across nations is truly free. The word “socialism,” he allows, is a kind of Pandora’s box that can scare people off—and, he further acknowledges, “the Russian and Czech oligarchs who buy athletic teams and newspapers may not be the most savory characters, but the Soviet system was a nightmare and had to go.” Yet so, too, writes the author, is a capitalism that rewards so few at the expense of so many.

A deftly argued case for a new kind of socialism that, while sure to inspire controversy, bears widespread discussion.

Pub Date: March 10, 2020

ISBN: 978-0-674-98082-2

Page Count: 976

Publisher: Belknap/Harvard Univ.

Review Posted Online: Dec. 22, 2019

Kirkus Reviews Issue: Jan. 15, 2020

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