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Reply to "I am considering buying a rental property. Talk me out of it."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]to people who have rentals: How much of your own time per week do you spend on your rental(s)? Not op, but this thread is helpful [/quote] I have two rentals. The average week I don't even think of them until the check comes in. But then once in a while something will come up and you will have to spend time on them depending on what the problem is. Also, when you are in between tenants is when the biggest time commitment is, because you have to fix everything, clean it up, show it off, and vet tenants. As someone else mentioned, choosing your tenant is key and another factor I have is how long I think they will live there. Longer the better, and I incentive them to stay by keeping rent increases minimal. [/quote] same here. [/quote]
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