Hello everyone and welcome to my blog!
I am a part-time landlord with eight single family home (SFH) rental properties that I manage in addition to my full-time job. In the past two years, I’ve been fortunate to have the company and assistance of Ms. DIY Landlord (soon to be Mrs. DIY Landlord). This has made juggling landlording on the side a bit more manageable.
Our rental properties are buy-and-hold investments which we hope will serve as a source of passive income for our goals of early retirement and financial independence. Since they are lifelines to securing our retirement and we have poured many hours of blood, tears, and sweat into them, our rental properties are truly treasured possessions.
A Decade of Landlording
Over the past 10 years of landlording, I have arrived at the conclusion that no one cares more about or takes better care of my properties than me. That is no surprise since I am the only one that is truly invested in these rental properties. The quality of their upkeep translates directly into the profitability and longevity of my business. The better I take care of my properties, the better they will take care of me now and in the future.
DIY Property Management
After repeated disappointments dealing with contractors and handymen, I gradually adopted a do-it-yourself approach to the maintenance of my rental properties. I have learned that with some patience and persistence anyone can become proficient at many of the maintenance tasks that are required to keep rental properties in tip-top shape. By doing maintenance work yourself, rather than contracting out to professionals, I believe landlords will not only achieve better quality and more profitable results, but will also gain valuable property management skills and knowledge which will pay dividends over and over throughout their landlording careers.
Roll Up Your Sleeves!
Many people are intimidated by the thought of being a DIY landlord. Having being there myself, I can tell you that there is nothing to fear. If you are in a position to acquire rental properties, the financial success which affords you this opportunity is a strong indicator that you have the intelligence and work ethics to learn and overcome seemingly insurmountable challenges. Most home maintenance professionals entered into their trade with nothing more than a high school diploma. There is simply no reason why you can not do the same and come out even better. So pick up your tools and join me on this most rewarding journey!
Mr DIY Landlord