Learn

New Note

Create a note for yourself from this lesson. Notes allow you to quickly jot down any valuable information you'd like to review later. You can find your notes by clicking on "My Notes" in the profile navigation menu.

REI Tech

Toilet Tech! Wait…What?

toilet“I don’t want to be a landlord. It would suck getting a call in the middle of the night that the toilet is leaking.” 

That’s what we hear from our non-investor friends and families. It always seems like a great excuse for them to avoid pulling the trigger on buying a property. 

There is a grain of truth to it though. Besides receiving the rent on time, landlords want two things:

  1. Tenants who never bother them.
  2. Zero expenses for their property.

Leaky toilets can ruin both of those things.

When toilets don’t work, tenants will let you know right away. I think indoor plumbing is on that ‘Maslow hierarchy of needs’ psychology stuff. Then, once they let you know, you have to either drag your butt out to snake it, or hire a plumber at $80-$120/hour to snake it for you.

Oh, and I mention your utility bills. If you’re…


Is there a topic you'd like to learn more about? Request a Lesson

Finished?

+ Mark as Learned

Valuable Lesson? Share it:

Request a Lesson

At RealEstateMogul.com, mogul_guarantee.pngwe’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.

jpsig.png Request form