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Soon, this became the norm, not the exception to this rule. There were constant problems at my houses. Unhappy tenants concluded in poor repair of the property and no fax loans maintenance considerations. About one year, right after i had amassed 26 houses, I was having issues with roughly 10-15 houses and/or tenants few days. I was evicting at least two tenants each month, and approximately four to seven tenants were either behind on rent or not paying almost all. Promises were made, payment plans arranged and few, if any, ever followed out of.
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As you may have already guessed, these things happened to me, while i had amassed 26 rental properties. In fact, oftentimes, all advisors problems happened in changing month. Now, for awhile (when I'd about 10 houses), if one person didn't pay rent, I could cover it with the nine other payments. However, if two, three and sometimes even five tenants didn't pay in this is equally month, features workout plans devastating to my venture. I had go to to my company account and pay up to $3,000 at about a time in mortgage payments, with no income to pay it. Plus, I to be able to pay a house management company to get my tenants to pay or to evict persons.
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