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General Landlording & Rental Properties

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George P.
  • Property Manager
  • Livonia, MI
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i hate

George P.
  • Property Manager
  • Livonia, MI
Posted Oct 9 2015, 11:23

vacancies!

tenant moves out (got married)

- $1,100 - paint - it's a 1050 sq house with empty basement

- $100 - clean the house

- $1,200 - list with MLS - 1 month's rent . (dont even try to tell me i should list it on my own. )

- $1,200 - lose one month to vacancy

my profit on that house is around $4-5k per year. One vacancy costs me 72% of my yearly profit.

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