The Surprising Truth Of Being A Landlord In Raleigh

Do you have an investment property in Raleigh that you rent out? Make sure you understand the surprising truth about being a landlord in Raleigh, because it isn’t always what you expect…

truth about being a landlord

Having a rental property appears to be a fantastic idea. How difficult could it be to buy it for a low price, find a tenant, and then profit from the rental income while managing the property?

Problem is, it’s often much more difficult than people realize, and you may discover (as many landlords do) the surprising truth of being a landlord in Raleigh: You give up your personal life – no more private time, vacations, weekend getaways… all because you’re so busy as a landlord.

There’s the work required

Owning a rental will keep you busy. There’s the work required to find the property, then to fix it up, then to find a tenant, then to answer the phone from them every time they call. You must take their call and deal with it, even if it is late at night because the toilet is overflowing. That also means no more vacations, because what if the toilet overflows while you’re on vacation in another country?

There’s the time

Some landlords try to own a rental property while they have another job but many discover that it’s just as time-consuming… it’s like having a second full-time job! Between chasing down your tenants to fixing things around the house, it’s one thing after another and you may simply not have time to work at your other job… and that’s with ONE rental property. Landlords who own two or more are even busier.

There’s the cost

Rental properties aren’t cheap. Sure, the tenant pays rent, but you also have to maintain the property, make upgrades, and repair it if the tenants damage it when they leave. In other words, the expenses add up, and the financial benefits of owning a rental property may not be worth it for you.

There’s the stress

When you add up all of those factors, you get STRESS! You’ve got a lot on your plate with the rental property, and you’re constantly worried about it. You might even be afraid to open the mail because you might get bad news in the next envelope. That is not a healthy way to live.

We can assist you if you own a rental property and want to sell it. We buy properties (even frustrating rental properties with damage or difficult-to-remove tenants). Is it possible for us to make you an offer on yours?

Click here now and fill out the form or call our office at 984-689-9785 and we’ll make you a fair offer today!

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