Fixing Toilets and Other Fun Stuff

Fixing Toilets and Other Fun Stuff

Investing in real estate can be a scary thing. Many habitancy commentary that they don't want to fix a toilet or deal with a tenant's problems. I've been a real estate investor for 20 years and have never once repaired a toilet. I don't know how and don't want to learn. I look at real estate as a commodity and a cash flow machine.

I've also used pro property managers to deal with the problems. I've also managed properties myself. Using a property employer can generate some added costs. However, the contacts they have with handymen and contractors is valuable. Most have long term relationships with these guys and they can have one on the job much quicker than an personel can.

Now true you can save some money doing your own repairs and property management, but you don't have to to make investment real estate work for you. I've had older property managers laugh at the fact that I hired a property manager. They even stated, "He won't make any money if he doesn't do the maintenance himself." But, the leading thing is for you to weigh the costs in time and discontentment to settle if it makes sense for you. A pro property employer can deal with all those headaches for you and send you a check each month. Additionally, handymen are numerous and can by all means; of course help in the day to day toilet explosions and tenant issues.

The bottom line is you don't have to fix toilets to own real estate. Spend your time looking for deals and not fixing toilets, leave that to the guy with the tools.

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