Only
a Rich Man Can Afford Cheap Paint
Being
a landlord is about watching your pennies and working those extra
hours to take care of your property, so that someday your
property can take care of you. With so many of our expenses out of
our control, a seeming great deal on paint at your local hardware
stores sidewalk sale is hard to resist. But you must resist. In any
painting project, the labor is the most expensive portion of the job.
So with time being the our most valuable commodity, do not waste a
minute putting cheap paint on your rental. Good paint will apply with
ease, cover in one coat, and last for years. However, cheap paint is
sticky or runny, takes multiple coats to cover, and will start to
fade or peel soon after. There are many brands to choose
from - Rodda, Sherman Williams, Forrest (my favorite),
Benjamin Moore, and many others. Try to stay away from the companies
that sell the different quality grades and stick with the best.
Those companies sell only one grade of paint, as they do not
want to put their name on anything less. Also spend time
on the prep, and if you are going to paint your pre-1978 rental home,
become lead based paint certified or hire a certified contractor to
test the home for you. Being busted for this infraction will take all
the profits out of your project for a long time, if not forever.
Remember: everyone is trying to take your money or cost you money, so
a little paranoia is healthy. I see a lot of folks whip out the
sprayer fifteen minutes after they arrive on the job and run around
like the world is on fire. Slow down, think the job through, and set
some time aside to do the job right. We want this paint to last years
- not months. A quality prep job using quality caulking and paint
will last for years. So work hard, save your pennies, take care
of your rental, eat your vegetables and someday maybe you
will afford cheap paint. Until then, continue to resist the
temptation. Happy landlording!
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