I don’t think I have the fortitude that it takes to be a full time landlord.
- One of my best friends inherited a small chunk of currency from her Grandfather’s estate plus decided to turn it over into rental properties.
She had no experience plus wasn’t a trained handyman like many of the fulltime landlords that the two of us have met in the past while renting apartments in school. She wasn’t even sure how to advertise or what the laws were regarding renting out homes in our state. Needless to stay, things did not go as planned. It quickly became the primary focus in her life plus forced him to quit her task from the constant demand. She had to be at one of her rentals one morning plus at the others each consecutive morning of the labor week. Things like Heating, Ventilation and A/C plus plumbing service are necessities that our state requires for all tenants by property owners or property management companies. She had one tenant who kept complaining about her A/C going off. But every time she went out to the house, she found the control component set to 66 degrees while outside weather was hovering in the 77s. The last time resulted in a cracked evaporator coil plus forked a giant service bill that my buddy had to cover in full. Eventually this tenant quit paying rent altogether, forcing my buddy to beginning the eviction process. When she finally came to the current home to detach her things, she had to open a window because she had barricaded the front plus back doors with chairs. But when she got inside, she was nowhere to be found. The current home odored like rotting fish, which the two of us soon found out was due to the sardines she threw in the A/C return before leaving.