Running Out of Rentals
Things are definitely picking up, despite it being the middle of winter and extremely cold here in Ohio. Today, I signed the lease and received the money for my last available 3-bedroom house. I also have a Section 8 tenant approved for my last 2-bedroom house and hope that he will be moving in later this week. I have been out of one bedroom houses for a couple of months. So, hopefully, by the end of the week, I won't have a single house available for rent.
I still have a little more work to do on the apartment front. While I've been out of 3-bedroom apartments for months, I currently have one 2-bedroom apartment and two 1-bedroom apartments available.
On the maintenance side, I repaired a bathtub faucet in a 3-bedroom apartment and installed a gas heater in one of my 1-bedroom apartments.
That was enough for today. I got home early (about 2:30 pm) and spent some time with my new James Bond game (Quantum of Solace) on the Wii. I have one of those Zappers which makes the game really cool!
Michael Rossi is the author of 1 Minute to Rental Property Riches, which is the only book that tells the truth, the whole truth, and nothing but the truth about the rental property business. You won't find any guru motivational nonsense; unrealistic hype; or promises of instant riches without work in this book. What you will find is the critical information that you need to start, build, and operate a successful rental property business. And if you're wondering about the title of the book, 1 Minute to Rental Property Riches, it's a sarcasm of the silly guru infomercials that promise untold riches without work - which we all know is RIDICULOUS!
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Comments (4)
Tim, I never thought of that! Your post has been an epiphany for me! How much would you charge me to play my video games? How much would you charge me to ride my motorcycle? How much to go camping in my place? How much to take my snowboard to the resort? Could you go mountain biking for me? Go scuba diving with my friends? If I got rid of all the fun things, I would have plenty of time to "do more deals"! Thanks for the great thought! Mike
Michael Rossi, about 15 years ago
lol, Tim - you kill me! BTW - I handled that double post for you.
Joshua Dorkin, about 15 years ago
Whoa - double post, that's new.
Timothy W., about 15 years ago
You know Mike, if you outsourced your video game playing to a property manager your rental portfolio would grow by leaps and bounds.
Timothy W., about 15 years ago