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Have you ever seen those infomercials about buying houses with 'No Money To?' They are very well done. Have got all types of people offering great testimonials about the direction they have gotten rich, buying rental properties, with merely no money from their pocket sized. You see this guy, standing on a street corner, referring with someone, and he says, 'I own that one,' pointing to great colonial. 'I also own that one next to it, and also the one two doors down, and We are closing on the one directly across the street from it, next week.' He then assures us that he has purchased 17 homes in tackled . eight or ten months, with zero money recorded on the assets. Plus, in many cases he's also paid no expenses.

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Soon, this became the norm, not the different. There were constant problems at my houses. Unhappy tenants led to poor repair off the property and very much maintenance conditions. About one year, after I amassed 26 houses, For being having problems with roughly 10-15 houses and/or tenants few days. I was evicting not less than two tenants each month, and approximately four to seven tenants were either behind on rent or not paying within. Promises were made, payment plans arranged and few, if any, ever followed through.

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