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Posted over 15 years ago

Long Distance Landlording

I'm practicing my long distance landlording skills while I'm on the road this week with my wife. She has a business conference for her business and I'm taking a little mini-vacation just to relax as she attends her conference. Unfortunately, the weather in the midwest is HORRIBLE! Today started with about 5 inches of snow and now we're receiving freezing rain. That's cutting down on my fun a little, but I'll still have a very relaxing few days.

Just for fun, I thought I would provide a running commentary of my long distance landlording experience as the week progresses. My trip essentially started on Sunday as I left to attend the Ohio State vs. Michigan State basketball game at the Ohio State University in Columbus. I didn't receive a single call from a tenant on Sunday, so my little adventure started uneventfully. My wife and I actually left for her conference yesterday and just like Sunday, I didn't receive a single call from a tenant.

My first long distance landlording call came this afternoon when I received a call from one of my tenants, who lives in half of a duplex. The tenant was calling to report that her water heater wasn't working. This is a gas water heater and they don't fail very often. As I started questioning her about the water heater, she asked if I would look at the gas furnace while I was there. She said that there was something wrong with the furnace. Now that could be a serious problem that would warrant me calling a HVAC company for an emergency repair, especially with the current lows in the single digits! However, I was now getting very suspicious. It might be possible for a water heater to go bad or a gas furnace to go bad, but for both to happen simultaneously sounds mighty fishy. I asked if the temperature in the apartment was like 15 degrees, as that's the outside air temperature today. She said no, that she had been using electric heaters for a while. I can tell you for a fact that when the furnace fails, tenants do NOT go out and buy electric heaters and use them for "a while" before calling the landlord. GOTTCHA! At that point, the puzzle was solved. I asked her if her gas had been shut off. She admitted that she was behind on her gas bill, but denied but that it was shut off. OF COURSE IT WAS! I told the tenant that I would look at it Friday when I get home. Stupidity on the part of the tenant does not constitute an emergency on my part! All that I'm going to find on Friday is that the gas is shut off, but then again, she already knows that. If I had a dollar for everytime a tenant has pulled this crap...

That's the extent of my long distance landlording experience to date. However, there are still two more full days that I'll be gone until I return home. I'll keep you posted on any further incidents. With Ohio getting freezing rain today, there could easily be more problems!

Due to the weather today, I didn't do much. I went to Barnes and Noble and bought a new book to read. My choice was "The Great Contraction, 1929-1933" and is obviously about the great depression. I'll let you know what I think of it.

In addition, as I was out scouting the area, I found a Batteries Plus and bought a new laptop battery. I'm hoping this one will charge. I bought the last one off the internet and it wouldn't charge.

Tomorrow, I'm planning to go to the movies while my wife is at her conference. I'm thinking of seeing Gran Torino - have you seen it? What did you think?

Michael Rossi is the author of 1 Minute to Rental Property Riches, which is the only book that tells the truth, the whole truth, and nothing but the truth about the rental property business. You won't find any guru motivational nonsense; unrealistic hype; or promises of instant riches without work in this book. What you will find is the critical information that you need to start, build, and operate a successful rental property business. And if you're wondering about the title of the book, 1 Minute to Rental Property Riches, it's a sarcasm of the silly guru infomercials that promise untold riches without work - which we all know is RIDICULOUS!

If you'd like to read more about the book, check it out at www.1MinuteToRentalPropertyRiches.com. When you're ready to buy, you'll get the best price and fastest delivery from the bookstore right here on BiggerPockets!

 


Comments (9)

  1. Have a good time Mike. Smart move on the tenant. One of the many things you learn by spending some time managing properties.


  2. Ha, you must not be in Columbus. City of Columbus will not disconnect water service - instead they threaten to do it (but don't), the tenant runs up the water bill, then either leaves or is evicted, and we get stuck with the bill. It's so annoying!! Thanks for the suggestion on the heat and the pipes - good info! I like your blog - hubby and I have been doing this for 4 years and have enough "material" for a book and movie. People are crazy...


  3. Yes, we have a clause in our lease that says we can evict if the utilities aren't connected, but we don't do that unless the water is disconnected. Once the heat is disconnected during the winter, it's too late. By the time we would evict them, the pipes would have been frozen long ago. Instead of doing that, I am replacing all my pipes over time with PEX. It can freeze solid and not burst. Personally, I don't care if they want to live without hot water, showers, or electricity. As long as they have a place to use the bathroom (and water to do so), they can live like scumbags if they like. Mike


  4. Mike, Also a landlord of many units in Cols., OH. Do you have a clause in your lease that if a tenants' utilities are shut off they can be evicted? We're dealing with this right now w. a duplex near OSU. We were notified by gas company that it was disconnected. Concerned about temps and freezing pipes! If there's no hot water how are they showering? Heating water on the electric stove? People never cease to amaze me...


  5. Gran Torino was completely awesome!


  6. "GO SPARTANS" Rub it in Douglas!!! LOL!


  7. See Mike, it is not hard to manage from a distance so long as you know how! By the way, I double recommend Gran Trino! It was both hilarious and sad. I am 100% positive you will laugh YOUR azz off! Clint was terrific as usual.


  8. Hi Mike, What Hoover and FDR have done to the economy is a fascinating story to read. There is a reason why FDR was getting more and more votes every election regardless of 18-21% unemployment. He poured money not where it was needed but where he can get voters to switch from Republicans to Democrats. I wonder where the Stimulus money will go this time around. Have a relaxing time away from home.


  9. Great trip. This is the type of trip that you need every once in a while. That goes to show Mike that you do not need to be two or three blocks away. Put the rental business on auto pilot and watch it take off. I enjoyed reading this blog. Very realistic and very power. GO SPARTANS