Posted by Rich_WI on January 14, 2013 at 20:21:46 from (50.50.77.31):
In Reply to: I bought a house!!!! posted by Fullers Farmalls on January 13, 2013 at 20:02:55:
Block houses are a landlords dream.... roof it, skim coat some plaster on the walls and throw in some cabinets and appliances - done. Ever have to fix the drywall behind a door where the animals.... I mean.... tenants slammed open a door and put the knob into the wall? Of course you have, but not in a block house. Ever fix the drywall where some 22yo UFC wannabe pounded a hole in the wall? Of course you have, on almost every turnover. Not in your block house though. Ever have a call on Sunday morning to go replace a wood door jamb because some drunk locked his keys in the house so he kicked in the door? Sure but not in your block house. I could go on and on but I think you get the point. The thought of tearing down a perfect rental makes me cringe. Do it right, do it smart and your money tree will be very generous to you for years to come. Just dont get wound up in the "Im the landlord and its my house" kind of thing, its a rental which means its just a bank account that you do a little different kind of work to get interest on every month.
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