Difference between revisions of "Top 5 Credit Misconceptions"

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Soon, this became the norm, not the difference. There were constant problems at my houses. Unhappy tenants resulted in poor repair off the property and more maintenance health problems. About one year, after We amassed 26 houses, Experienced been having along with roughly 10-15 houses and/or tenants each week. I was evicting quite two tenants each month, and approximately four to seven tenants were either behind on rent or paying in. Promises were made, payment plans arranged and few, if any, ever followed through.

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This exactly what people who buy houses, using the no Money Down plan envision happening. After all, if you're able to buy one house with no money down, why not five or ten or fifty? I enjoy - the vision of the dollar sign, most likely - I did not succeed to seriously consider the repair of these houses, the opportunity for missed rent payments, and also the chance that renters could possibly stop paying, altogether, forcing me to evict them - a time-consuming and very costly participating in.

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