Some of you might remember the series of posts I wrote several months back in which I talked about how my husband and I decided to purchase a rental property and become landlords.
The topics were...
On Becoming Landlords or How My Husband Talked Me Into Doing Something That Scares Me To Death - Part One
On Becoming Landlords - Part Two - Our Financial Background
On Becoming Landlords - Part Three - How Do We Do This?
On Becoming Landlords - Part Four - The End/The Beginning
Well, a couple weeks ago I listed a bunch of topics that I planned on writing about in the upcoming weeks. Among them was an update on our experiences as landlords...The Honeymoon is Over.
When I shared with my husband what I was planning to write he asked me not to. And, I can understand his thoughts on this. There are some details of our experience that are probably best kept to ourselves. But he was OK with me saying this much...
It's been a difficult, often frustrating learning experience for us. We are struggling to find long-term tenants for our one unit. My husband has put a lot of work into the property which makes it even more frustrating that we can't seem to find the right tenants.
Unfortunately, there are people out there who do not have the same sense of responsibility as most of us. We've given the benefit of the doubt many times over the last few months and have felt very taken advantage of.
That's the extent of what I'll share here. I will say that my husband is still very optimistic about this endeavor being a successful one for us. He even has been talking about finding a way to purchase another rental property. Oh boy!
Could you pray for us that we would find the right tenants for our property? We are taking applications right now from several people and we could really use the Lord's guidance in choosing who to rent to.
Thanks! Have a great day!