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The Surprising Truth Of Being A Landlord In Savannah

Oct 26, 2021

Are you a landlord in Savannah? The truth about being a landlord in Savannah may surprise you because it’s not always what you think it’ll be…

Renting out a property seems like a good idea. Buying cheap, finding a tenant, and then managing the property while earning income… how hard can it be?

It’s often much harder than people think, and you will discover (as many landlords do) that being a landlord in Savannah means sacrificing your personal life – no more vacation time, no more weekend getaways… all because you’re so busy as a landlord.

There’s the work required

You’ll always be busy if you own a rental property. In addition to finding the property, fixing it up, finding a tenant, and answering their telephones each time, there is the work of finding the property, fixing it up, and finding a tenant. Even if they call late at night to say that the toilet overflowed, you must take their call and deal with it. So no more vacations, either, since if the toilet overflows while you’re abroad, then what will happen?

There’s the time

Most landlords discover that owning a rental property while working a second job is just as time-consuming as another full-time job! You may simply not have time to work at your other job if you are chasing down your tenants and fixing things around the house…and that is just with one rental property. People who own two or more properties are even busier.

There’s the cost

Renting a property isn’t cheap. Sure, you get some rental income from the tenant, but you also have to take care of the property, repair it, upgrade it, and fix it if the tenants trash it when they leave. In other words, the financial benefits of owning a rental property may not outweigh the costs.

There’s the stress

The sum of all of those things so far equals stress! There is so much to juggle regarding the rental property that you worry about it constantly, and perhaps you even fear opening the mail because you may find bad news inside. That’s not the way to live.

Getting rid of a rental property can be a hassle for those who own them. We buy properties (even those that are difficult to sell because of damage or bad tenants). Are you interested in an offer for your property?