As You Age, The Money's The Same

As You Age, The Money's The Same

Residential Landlord · Greenfield, WI · Member since 2013 · 299 posts · 126 votes

Isn't it funny how it works? 

As you age and pay your buildings off, the mortgage payment money now turns into paying to have things done instead of doing them yourself.

You're young, you do things yourself...repairs, maintenance, lawn care, snow removal...kinda because physically, you can, and financially, because of the mortgage payment, you can't afford to have it done.

You're old, mortgages are gone, but physically, and maybe, mentally, you just can't/don't feel like, doing it anymore.

In a way, it's good, it keeps you in the game, or you'd burn out, either physically and/or mentally.

I bring this up because we've just had our first snow, and instead of getting in my truck to go and do snow removal at my buildings, I'm on my third cup of coffee, browsing the internet with the knowledge that my snow is taken care of by a hired service.

Feels good.

Maybe I could winter in Florida...

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  • Nicole A.Pro Member
    Rental Property Investor · Baltimore County Maryland and Tampa Florida · Member since 2013 · 2k+ posts · 2k+ votes
    11y

    I'm young and already hire out most of the work such as repairs. Also, the lease states that the tenants are responsible for snow removal and cutting grass. I'm with ya!

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