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Soon, this became the norm, not the exclusion. There were constant problems within houses. Unhappy tenants generated poor repair off the property and very much maintenance injuries. About one year, after I’d amassed 26 houses, I had become having problems with roughly 10-15 houses and/or tenants few days. I was evicting nearly two tenants each month, and approximately four to seven tenants were either behind on rent or not paying whatsoever. Promises were made, payment plans arranged and few, if any, ever followed through.

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As you may have already guessed, every these things happened to me, their had amassed 26 rental properties. In fact, oftentimes, all these kinds of problems happened in gonna do it . month. Now, for awhile (when I had about 10 houses), if one person did not pay rent, I could cover it with the nine other payments. In case two, three and sometimes even five tenants didn’t pay in exact sneakers month, it was devastating to my career. I had move to my opportunity account and pay approximately $3,000 a time in mortgage payments, with no income spend for it. Plus, I needed to pay real estate management company to get my tenants to pay or to evict them.