Landlords, absentee owners, do you own a rental investment property in Fort Worth TX? You need to know the truth about being a landlord in Fort Worth because it’s not always what you think it’s going to be…
Owning a rental investment property sounds like a great idea. You buy it cheap, you find a tenant, and then you profit from the rental income while you manage the property… how hard could it be?
The problem is, often times it’s much harder than people realize and you may find (as many landlords do) the truth about being a landlord in Fort Worth: You give up your personal life – no more private time, no more vacations, no more weekend getaways… all because you’re so busy as a landlord.
There’s work required
Owning a rental property can keep you busy. There’s work required to find the property, fix it up, find a tenant, and then to answer the phone from them every time they call. Even if they call after hours because the toilet is overflowing, you have to take their call and deal with it. That means: no more vacations, either, because what will happen if the toilet overflows while you’re on the beach in a different country?
There’s the time required
Some landlords try to own a investment 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 when they don’t pay rent 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 just ONE rental property. Landlords who own two or more are even busier yet.
There’s the cost
Rental properties aren’t cheap. Sure you get some rental income from the tenant but you also have to pay the mortgage payment, property taxes, take care of the property, fix it up, make upgrades, and repair it if the tenants trash it when they leave. In other words, the costs add up and the financial rewards of owning a rental property may not be there for you as you hoped.
There’s the stress
When you add up all of these things, it equals STRESS! You’ve got so much to juggle with the rental property, and you worry about it constantly, and perhaps you even fear opening the mail because you may find bad news in the next envelope. That’s no way to live.
If you own a rental property in Fort Worth or the surrounding DFW area and want to get rid of it, we can help. We buy properties (even frustrating rental properties that have damage or bad tenants you can’t get rid of). Can we make you an offer on yours today?
Click here now and fill out the form or call our office at (817) 550-5069 Ext# 4000 and we’ll make you a fair offer today.
TMC Property Solutions is an accredited business and A+ rated members of the Fort Worth BBB and has been buying houses fast in Dallas Fort Worth since the year 2000. See what Google has to say about TMC Property Solutions here.
Together, We Can Create Your Solution!