Some Say Owning a Rental House is NOT Passive - Prove/Disprove It

[Michael Ealy]

Landlords, BIG and small...

Here's a question for you.

How many minutes/hours do you spend every month on average doing all of the following: (per property)

1. Calling your Operating team - Property Manager, leasing agent, eviction attorney, contractor, maintenance guy, etc

2. Tracking the income and expenses of your rental, monitoring your bank account(s)

3. Calling your Support team - your accountant, bookkeeper, Virtual assistant or secretary

4. Doing the work yourself on your rental

5. Going to Home Depot or Lowes or hardware store to buy materials for your rental

6. Answering the phone from tenants, tenant-prospects, etc

7. Any other activity I did not mention above as long as it's related to owning and operating your rental property

You don't have to give a detailed breakdown.

You can just have a total for all the above - say "I spend on average about 1 hour/month per property"

I like to know the answer the question: is owning & operating a single family home as a rental a truly passive investment?

Some say owning a single family home rental is NOT truly passive. What's your definition of a passive investment anyway?

Instead of debating the answer, let's get the numbers.

[Greg H.]

I have 30 doors and I flip houses for a living for almost 30 years.  Never had a team, own personal homes in 3 states and play golf or ski and vacation when I want to.  Some on BP actually call it a job and not passive as that argument comes up here often.  I call it living a blessed life