All landlords are constantly looking for ways to increase their bottom line. Increased cash flow gives them the ability to do a multitude of things with the surplus. As great as saving money is, you need to know where to draw the line.
There are a handful of home improvement projects that almost any landlord can do such as mowing the lawn, painting or repairing a clogged toilet. However, once you get into specific niche repairs you open up a can of worms. Even if you are handy or have experience with the niche, it is not the same as doing it yourself. What typically happens is that you put a band-aid on the problem instead of getting to the root of the issue. In fact, you usually end up paying more for someone to fix any work you did. Saving money and watching the bottom line are essential but you need to know your limitations. Here are five property tasks you are better off outsourcing.
As a landlord there are a handful of items that you should expect to pay for. Know what you can do and understand when you should pay to have things done right.