When searching for your investment property, I’m sure you ran numbers. Did the investment make sense financially. Keep in mid however, that these numbers reflected the existing landlord’s commitment to their job. If you took on that role and haven’t seen the same results, you should probably take some time to figure out why. So read on as we explore five things that will make you a bad landlord in Murfreesboro.
Burnout
Not everyone is enthused by the day-to-day property management tasks.. If you realize that you just don’t care about the property or your tenants anymore, you may be experiencing landlord burnout, which will make you a bad landlord in Murfreesboro. Sure you can try to hide your feelings but most folks are perceptive. Your lack of interest will eventually wear down even the best of tenants, causing them to move on which costs you in turnovers and usually more repairs. With a direct sale to the folks at Provision Homes, LLC, you want have to deal with turn overs and repairs anymore. You’ll feel good about the deal long after closing; you can just relax and finally let it all the hassle go.
Screening
Finding the best location in Murfreesboro for your investment property isn’t enough to make your investment business successful. It definitely helps but there is more to it. The monthly cash flow you’ll be counting on comes from your tenants. Your screening process, or lack thereof, is the determining factor in how successful you are. If you don’t have a comprehensive system which includes in-person interviews and checking references to get a feel for what type person may be living in your house, it can definitely make you a bad landlord in Murfreesboro. Dealing with troublesome tenants can be a nightmare. Provision Homes, LLC has the knowhow and experience to take these headaches off of your hands.
Time
As life evolves, priorities shift and demands on our time change. If things are different now and you don’t have the time to manage the property any longer, this could result in you becoming a bad landlord in Murfreesboro. Not only will you likely lose any good tenants you have by not responding to their needs, you put your property at risk. What could have been stopped at a small leak could turn into a costly repair because the tenants had learned that you, as the landlord, would not act when they reached out. With a direct sale to a professional home buyer like Provision Homes, LLC, you’ll have a guaranteed closing date, often within a few days, and your time will be your own again.
Finances
A financially devastating event is another thing that will make you a bad landlord in Murfreesboro. If life happens and you no longer have the money to handle all the necessary repairs this can quickly escalate into vacancies, which will only exacerbate your lack of funds. At Provision Homes we’ll buy your property as-is for cash. You won’t need to worry about repairs.
At Provision Homes, LLC, we are local seasoned professional investors who completely understand the things that will make you a bad landlord in Murfreesboro. Let us make you a fair offer for your investment property and relieve yourself of the stress. The process is quick, easy, and painless, our contracts are simple, and nothing is hidden, you pay no commissions, no closing costs, and no hidden fees. Call Provision Homes, LLC at (615)-310-1909.