Had I known how much responsibility there was in being a landlord, I don’t know if I would have ever done it. At the time though, a deal came across our plate that we just couldn’t pass up, and before I knew it, I owned some rental property.
Now, it wasn’t a big property by any means, but it was a little duplex. But the house was older, and it was a good deal (in terms of the numbers), so we jumped into it with two feet. There were existing tenants that were no problem, but there were things that we hadn’t expected.
You see, being an older house presented some problems. Though some maintenance had been done, there were things that came up on a regular basis – it seemed like we were in there almost once a week fixing something – talk about frustration.
Anyway, it has been a trying road learning to be a landlord. Though it has been a lot of work, I think it will still be worth it in the end.