I was cruising around the BiggerPockets Forums today and I stumbled upon a thread started by Karen M. titled “Tell Me What You Hate About Landlording.”
I thought it was a fascinating discussion – to see what some people consider the worst or best parts about Landlording. After all, we landlords tend to get into this “real estate investing is awesome!” mentality (bloggers, like me, are most guilty of that!) and love to talk about the good stuff… and often times the hard stuff gets ignored because no one likes a complainer.
Well… I’m going to do some complaining!
It’s my hope that this post can serve dual purposes:
a.) Help others get a realistic vision of what landlording may look like and
b.) Hopefully generate some incredible discussion in the comments.
Let me preface this article with this: I already know about 20 people are going to put a comment below that says “this is why I use property management.” I agree – many of these problems (not all, but some of them) would not affect me if I had a property management. However, any honest real estate investor who uses property management could easily come up with a list of their own of 12 things they hate about investing in real estate. Arguing property management vs. self management is a topic for another day. The fact is: I am a landlord.
Finally, if you are reading this, I would LOVE if you do me a favor and comment at the bottom of this post, offering me (and everyone else reading) some advice to help overcome some of these issues. Also, let me know what you hate the most about Landlording. I look forward to seeing what you have to say!
Without further suspense, I give you: 10 things that I absolutely HATE about landlording.
1.) Never Truly Taking a Break
(click to continue reading on BiggerPockets)