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As you may know, all of these incidents happened to me after I acquired 26 rental properties. In reality, most of these problems occurred within the same month. I used to be able to cover rent payments for one person, even though I had a lot of houses. My business suffered when three, four, or sometimes five tenants failed to pay rent in a given month. I had to pay $3,000 in mortgage payments to my business account. There was no income to cover it. I also had the expense of hiring a property management agency to get my tenants to either pay or Izin PIRT untuk jamu tradisional evict me.

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As you may already know, I was the victim of all these problems after I had acquired 26 rental properties. In fact, many of these problems occurred in the same month. During my heyday, when I owned about ten houses, if one tenant did not pay rent, I could still cover it with the nine remaining payments. My business was devastated when multiple tenants failed to pay their rent. I had to go to business and pay up $3,000 per month in mortgage payments. There was no income to support it. Plus, I had to pay a property management company to get my tenants to pay or to evict them.

If this were true it would mean that only businesses selling cheap products and services exist. Some people only buy at the lowest price. Most people care more about getting value for money than buying a bargain.

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I was eagerly awaiting the solution by adding more. A professional mortgage broker connected me with a real estate prospector who was even more skilled, and they convinced me that I could quickly buy houses with no money out of pocket. My experience will likely be enough to inform you about the pitfalls of this model as well as being a landlord. However, I cannot stress enough how dangerous it is to buy property without any money down.

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