so you want to be a landlord? let me tell you why it is depressi

so you want to be a landlord? let me tell you why this job is depressing, here is a list of craps we went thru just this month so far..

1. a water drain pipe busted in a SFH, nobody knew, so we had standing water in claw space to pump out, we end up have to cut the floor, replace the main service line to septic and I decided to replace all the cabinets (not necessary but these old cabinets are pretty much all run down). cost $1300 in materials, and $1600 labor

2. water heater leak in a duplex, found the tank cracked, only 5 years old. replacement cost $400, labor 3hours.

3. drain pipe leak under bathtub in one SFH, can not access thru craw space, again have to cut the floor, new tiles, cost $150, labor 9 hours.

4. furnace down in a SFH, replace blower motor and safety switch, cost $200, labor 3 hours.

5. well pump fail in a 5-plex, had to replace the pump in 4 inch well and pressure switch, cost $800, labor $250.

6. flood, it was not cause by broken pipe, but by a tenant that we evicting, she moved out but intentionally pull stuff down the drain and leave the water run over night, so you know the rest of the story. labor 5 hours.

6. broken refrigerator, SFH, we have 1 in storage, labor to replace it, 1hour. repair, 1 hour.

7. broken microwave oven, SFH, it was a brand new whirpool, didn't even last 2 years. replacement cost $300.

8. a utility company power line down new SFH, they dig up the road, fill back but I have to finally clean up, cost 10 hours.

9. cross my fingers, hope nothing else go wrong, but here comes the winter......

所有跟帖: 

Wow, not easy -juzi3108- 给 juzi3108 发送悄悄话 juzi3108 的博客首页 (88 bytes) () 11/17/2009 postreply 11:37:32

thanks, I am not handy at all, I have 2 handyman on payroll -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (103 bytes) () 11/17/2009 postreply 16:08:09

Not easy, no pain no gain ..... -家庭煮夫- 给 家庭煮夫 发送悄悄话 家庭煮夫 的博客首页 (0 bytes) () 11/17/2009 postreply 11:46:19

thanks, yes life is not easy, it is depressing.... -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 11/17/2009 postreply 16:09:30

are you fixing things yourself -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (138 bytes) () 11/17/2009 postreply 11:58:32

thanks, I kept two people on payroll in the rental businses -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (290 bytes) () 11/17/2009 postreply 16:15:59

呵呵、、、拉动米国经济哈。 -老顽石- 给 老顽石 发送悄悄话 老顽石 的博客首页 (0 bytes) () 11/17/2009 postreply 12:57:10

呵呵、、、你是大佬啦! -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 11/17/2009 postreply 16:18:19

你怎莫这麽多房子啊?怎莫管?肯定是全职? -lcats- 给 lcats 发送悄悄话 (0 bytes) () 11/17/2009 postreply 13:39:28

my wife and I own 94 units, we manage them ourselves. -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (28 bytes) () 11/17/2009 postreply 16:21:05

做地主真辛苦,也是我的感受 -ranch99- 给 ranch99 发送悄悄话 ranch99 的博客首页 (99 bytes) () 11/17/2009 postreply 13:42:43

thanks, 30 units is a huge breaking point, you can be hands free -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (76 bytes) () 11/17/2009 postreply 16:25:09

Far away from 30 units. -ranch99- 给 ranch99 发送悄悄话 ranch99 的博客首页 (0 bytes) () 11/17/2009 postreply 16:35:17

No money comes easily. -JustAsked- 给 JustAsked 发送悄悄话 JustAsked 的博客首页 (0 bytes) () 11/17/2009 postreply 14:08:24

thanks.... -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 11/17/2009 postreply 16:26:57

good luck for the whole winter. -福龟龟- 给 福龟龟 发送悄悄话 福龟龟 的博客首页 (0 bytes) () 11/17/2009 postreply 15:56:08

haha, everyyear we have 2-3 cases of water pipe frozen and buste -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 11/17/2009 postreply 16:28:00

Tenant complains a fridge died. Had to go there 4 times to fix i -svll- 给 svll 发送悄悄话 svll 的博客首页 (103 bytes) () 11/17/2009 postreply 16:07:57

haha, life of a landlord........ -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 11/17/2009 postreply 16:28:57

Thanks for sharing. -cultuslake- 给 cultuslake 发送悄悄话 cultuslake 的博客首页 (0 bytes) () 11/17/2009 postreply 17:19:20

请您先登陆,再发跟帖!