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General Landlording & Rental Properties

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Cal C.
  • Investor
  • Peachtree Corners, GA
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Oceans of paint and Acres of Carpet are bad. Limit the size of your rentals!

Cal C.
  • Investor
  • Peachtree Corners, GA
Posted Feb 12 2015, 11:40

Thank you @Tyler McCracken for that phrase.

Anyway, ten years ago when I didn't know what I was doing when purchasing property, I bought a couple of four bedrooms with about 2700 Square feet of space in each.   While this makes the places slightly easier to rent, it means that I have seemingly oceans of paint to pay for and sometime, probably soon, I'm going to have to buy acres of new carpet.  

Since I could have gotten the same rent for an 1,800 to 2,000 sq ft house, my capex expenses on these properties are needlessly high.  

This is definitely one of the (many) lessons I have learned as a landlord.   

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