A landlords maintenance list can be endless with some properties

I reflect on Property Sparrow's post on a landlords maintenance list that is seemingly endless, that landlords face when a managing their property portfolios.

All those hours landlords spend sprucing, cleaning, painting, fixing and bodging, those endless trips meeting with tenants, trades and various others.

These hours of unpaid, laboursome hassle that landlords find themselves doing, often during unsociable hours or at weekends and holidays.

So when landlords consider buying their next investment property maybe a prediction of the hours involved should be factored into any investment appraisal to truly calculate the perceived returns.

If landlords were to price their time at say £20 an hour, the returns of some of their investment properties start to look far from attractive.

I know from experience that some properties will be more work than others.

For example a nice family house might see a slower turnover of tenants, which saves on the time involved with re-letting, the refurbishment spruce up to attract new tenants and the viewings and paperwork.

Remember an old property usually requires endless maintenance so newer property holds an appeal for landlords who don't want to spend weekends up ladders.


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