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Trulia Dallas, Home Buyer in Dallas, TX

What are the pros and cons of being a landlord?

Asked by Trulia Dallas, Dallas, TX Mon Feb 4, 2013

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Michael Brownstead ABR GRI SRS’s answer
Although I have never managed properties, nor do I intend to, I feel that there are many more cons than pros to being a landlord.

Additionally, property management companies can alleviate much of the hastle; plus, they can usually handle the unpleasant legal issues of bad tenants and evictions — something that could take quite a bit of time and money on your own part.

Being a landlord is not for everyone; it’s very important that homeowners take the time to look into it this task very thoroughly.

It is also a great idea to speak with other landlords who have done the same thing and calculate all the expenses and headaches!

Lastly, if anyone is in need of great property management companies, feel free to contact me and I'd be happy to refer.


Michael L. Brownstead, GRI, ABR
REALTOR®
Keller Williams Realty
1002 Raintree Cir., Ste. 100
Allen, TX 75013
E-mail: MBrownstead@msn.com
Cell: 214-872-0400
2 votes Thank Flag Link Tue Feb 5, 2013
1. If property is purchased correctly investment grows for future resale profits
2. As a seasoned property owner who managed my own invesments.. deal with tenants, move in and move outs, leasing of the property correct family, list is endless. I am happy SOLD my last investment property.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer
972-699-9111
http://www.lynn911.com

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1 vote Thank Flag Link Mon Feb 4, 2013
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