How Landlords Can Waste Their Time

Time is your most valuable asset if you’re a rental property owner. In a day, we get 24 hours. Assuming that you get around 8 hours of sleep, this means you only have 17 hours a day. Competitively speaking, it can leave you at a disadvantage if you waste even several hours.

It might be time for you to search for “property managers near me” if you feel like you don’t have enough time to finish all of the responsibilities and duties that come with being a rental property owner.

However, if you don’t want to hire one, here are a couple of things to consider:

Chasing Down Rent

Of course, it can be time-consuming and frustrating to chase down rent. Late rent payments are trouble and they can eat up several hours of your day. Aside from having to spend your energy tracking it down, there is also the emotional stress that comes with worrying about getting paid.

There are a lot of methods to lower your risk of late payments. You can hire a professional property manager to do the job for you, streamline rent payments via an automated platform, or improve your tenant screening. The crucial factor is that you do not allow bad tenants to keep on draining your time. You will learn how to see good tenants over time and incorporate foolproof tactics for collecting payment on time.

Social Media

Another major distraction is social media. All you have to do is to open Facebook on your mobile device and you can easily waste hours without you even noticing it.

Deleting your social media accounts is the best thing you can do. However, it is quite obvious that you can’t do this, right? So, the next thing you can do is to get rid of the applications from your mobile device so that you can only check your accounts on your desktop.

Email Notifications

Email is very helpful. However, it is also greatly disadvantageous to your overall output and productivity. Almost every individual has their email account completely incorporated with their mobile devices. This means they get push notifications each time they receive an email. You might even get a notification every 10 minutes.

You need to disable push notifications if you want to stop email from interrupting you. Aside from that, you can also log out of your email account from your device. Then, you can set up a particular time every day when you reply, send, and check emails.

No Morning Routine

The concept of creating a morning routine might appear unrealistic if you are not a morning person. However, the reality is that individuals thrive on predictable routines. This includes yourself. These routines are particularly crucial in terms of getting your day off to an excellent start.

Your landlord morning routine might be as easy as a 20-minute progression of hopping in a shower, making toast, and drinking coffee. It can also be as complicated as 2-hour routine where you write a journal, go for a run, or meditate.

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