Hi Folks,
Did you know that, the more of an asshole you become towards your non paying tenant, the more of an asshole they will become towards you?
This post is going to spark some controversy no doubt.
If you are someone who is looking to buy your first rental property, one of the things that probably freaks you out the most is non paying tenants.
Over the years, I have talked to a lot of new real estate investors. Two of the things that make people very afraid about investing in real estate are:
1) Non Paying Tenants, and
2) Property Management
If you purchase a rental property, and hold that property for any gs rolex day date 118135 36mm mens automatic watch length of time, no matter what Country or City you are located, chances are that eventually you will encounter tenants that are late with their rent.
Like many real estate investors, if you expand your portfolio by purchasing more than one rental property, you increase the likelihood that you will have tenants that are late with their rent.
Most experienced real estate investors and educators will tell you that when a tenant is late with their rent, you have to be very strict with them and lay down the law.
Many say that if tenants are even one day late with their rent, you should send a notice for eviction.
Well, in my opinion, that is a big pile of Bullplop!
I bought my first rental property 7 years ago, and only 7 years later I figured out something very important.
I have discovered that when it comes to the vape Líquidos collection of rent, that:
“the more of an asshole you become towards your non paying tenant, the more of an asshole they will become towards you.”
There is much more to this of course, however, for this post, I want to keep you with these wise words…
Once again, they are:
“the more of an asshole you become towards your non paying tenant, the more of an asshole they will become towards you.”
In part II of this blog post I will share with you my findings on how NOT to be an asshole landlord when it comes to the collection of rent.
Now…Enjoy this very funny video of Pearl The Landlord.
[youtube]http://www.youtube.com/watch?v=9OVt7xEZHxo[/youtube]
ps: If you are looking to buy your first rental property, sign up to my blog today. Simply enter your email address in the top right hand corner of the blog. You will receive tips from experienced real estate investors on how to buy your first rental property!
