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Soon, this became the norm, not the different. There were constant problems at my houses. Unhappy tenants triggered poor repair of the property and a lot more maintenance complications .. About one year, right after i had amassed 26 houses, I was having issues with roughly 10-15 houses and/or tenants 7 days. I was evicting at least two tenants each month, and approximately four to seven tenants were either behind on rent or not paying at all. Promises were made, payment plans arranged and few, if any, ever followed in the course of.



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As you might have already guessed, all of all of these things happened to me, after We amassed 26 rental real estate properties. In fact, oftentimes, all the hands down problems happened in the same month. Now, for awhile (when We sa88 about 10 houses), if person do not pay rent, I could cover it with the nine other payments. Nevertheless when two, things sometimes even five tenants didn't pay in consist of month, diet plans . devastating to my website. I had to go to my business account and pay of up to $3,000 several times a day in mortgage payments, with no income spend for it. Plus, I needed to pay home management company to get my tenants to pay or to evict them.

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