Difference between revisions of "Top 5 Credit Misconceptions"
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Revision as of 14:43, 17 May 2023
Have you seen those infomercials about buying houses with "No Money All over?" They are properly done. They've all associated with people offering great testimonials about they have gotten rich, buying rental properties, with never any money from their safety pocket. You see this guy, located on a street corner, meeting with someone, and hubby says, "I own that one," pointing to a sophisticated colonial. "I also own that one next to it, and the one two doors down, and Soon we will be closing in the one directly across the trail from it, next while." He then assures us that she has purchased 17 homes in the final eight or ten months, with zero money recorded on the structures. Plus, in many cases he's also paid no expenses.
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Soon, this became the norm, not the difference. There were constant problems at my houses. Unhappy tenants triggered poor repair off the property and even more maintenance diseases. About one year, after I had amassed 26 houses, I have been having issues with roughly 10-15 houses and/or tenants 7 days. I was evicting at least two tenants each month, and approximately four to seven tenants were either behind on rent or paying almost all. Promises were made, payment plans arranged and few, if any, ever followed indicates.
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