Investor · Lynnwood, WA · Member since 2014 · 186 posts · 48 votes
The Surprising Truth Of Being A Landlord
As a house buyer in Washington focusing on Tacoma, Everett, Spokane and Seattle, I created another article called the Surprising Truth of Being a Landlord.
Owning a rental property seems like a great idea. You buy it cheap, you find a tenant, and then you profit from the rental income while you manage the property… how hard could it be?
Problem is, it’s often much harder than people realize and you may find (as many landlords do) the surprising truth of being a landlord in : You give up your personal life – no more private time, no more vacations, no more weekend getaways… all because you’re so busy as a landlord.
1. There’s the work required.
2. There’s the time.
3. There’s the cost.
4. There’s the stress.
Numbers 1-4 above are the surprising truth of being a landlord. Each of these items are explained in this post. Just follow the link.
You can find another great article on owning rental property in the Simple Dollar post. In this article they explain the The Advantages and Disadvantages of Owning a Rental Property.