I think I am hooked on for life

[Jak Dadi]

I have already picked up three...fourth is in escrow...and i told myself i will be good for 2 months....let the dust settle and honestly...i am already clamoring to make an offer for the 5th fourplex....we have rented 10 of the 12 units....the 4th prop will probably close at the end of the month...and then we need one month to get it rent ready....after which i give it couple of months to find tenants...i promised to be good at least until the close of the 4th one before i start looking for one...but i find myself constantly scouting online for good values...

in the last 2 months..i have gone thru the prospect of evicting a tenant...until she paid late....been threatened with lawsuit over bed bugs for a property i acquired the prior week...and of course...things stopped working when u close on the deal....not to mention i am on my 3rd property manager in 4 months.

i have never ever enjoyed myself as much as i have in the last few months....am i hooked on for good....is this how u...the veterans feel...as u face a prospect of the next purchase or is this the excitement of a newbie???? lol...i must confess it reminds me of the time i had just fallen in love. ages ago.....the feeling of being distracted...i feel the same now...distracted at work...at home....lol...

[Jeffrey K.]

New deals always make me excited, but the day to day of being a landlord sucks to be honest. If it is a full-time job for you, it is hard to sleep and you are on the phone 24/7 with people who might not be able to tie their own shoes (tenants, contractors, and vendors).