Being a landlord is not an eight hour a day job. There will be days when you rarely think about your property, but others that call for much more attention. Simply put, if you are going to work as a landlord you should be ready for calls and repairs at anytime of the day or night. If you are not ready for late night repairs you may want to think twice about becoming a landlord.
If you are called on to make a repair you have to quickly assess the situation, and then determine the right course of action. For instance, a tenant who calls with no heat in the dead of winter will need some sort of assistance. If you don?t give it to him you could be in a lot of trouble. On the other hand, there are some repairs that may not need to be fixed right away. Of course, you don?t want to delay anything that will put a tenant and/or your property in harm?s way.
Being a landlord is not always an easy job. You can make a lot of money by investing in real estate, but don?t think you will never have to work for it. After making a few late night repairs you will realize just how hard you have to work to get paid. Simply put, being a landlord is a hands on job that will call for your attention morning, noon, and night.