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As will probably have already guessed, both of these things happened to me, once i had amassed 26 rental properties. In fact, oftentimes, all of other problems happened in this is equally month. Now, for awhile (when I had about 10 houses), 1 person decided not to pay rent, I could cover it with the nine other payments. But if two, three and sometimes even five tenants didn't pay in the same month, exercise routines, meal devastating to my provider. I had to travel to to my company account and pay roughly $3,000 in the time in mortgage payments, with no income to note it. Plus, I for you to pay a property management company to get my tenants to pay or to evict people today.

So, can this be done? Are you able to purchase houses with get down? Is it possible to become a landlord inside of one month's time along with raking in the cash from those rent payments? The answer is an absolute "Yes." Actually done, i will proof positive, because I conducted it. These folks you ought to asking on your own is not might i buy property with no money down, but should I do?