U guys r a bunch of powerless landlords.

Atlanta, Georgia
General Landlording & Rental Properties
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U guys r a bunch of powerless landlords.

Joshua Ocean
Rental Property Investor · Member since 2019 · 66 posts · 24 votes

When i ask for advice for what tp dp with a tenant who skipped out on rent, i get the same bull. You know why? Because were all a bunch of powerless landlords. Here what people say:

it costs too much for an attorney to be worth it, try to go to small claims, just move on, u should have picked a better tenant, next time make a stronger lease.

well to hell with yall and this dumb advise because everyone of us knpws we cant do jack.

if u win in small claims, u gotta go collect. Well mpst of u tried that. Garnishing wont work if they change jobs or u dont know where they work in the first place.

just moved on n pick a better tenant? Kiss my ***, some tenants r good but they leave without notice anyways cuz life happened. 

stronger lease? Kiss my *** again. Whats that gonna do?

you knpw what im gonna do from now on? Im gpnna stop being nice, and charge everybody an arm and leg to mpve in so i get higher quality tenants. Charge them $250 nonrefundable pet fees, make them pay for landscaping and pest control and take their security deposit for every little thing they do.

cuz im sick of landlords getting effed all the time. Tell me im wrong. Tell me not one of u has seen a damn dime from winning at small claims. 

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Joe VilleneuvePro Member
Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
3y

Give me a minute to stop laughing.

No make that an hour.  This post was one of the funniest I've read yet.  Thanks Josh...you made my day, week, ...probably year.  
I haven't heard so much whining since I coached my daughter's volleyball team,...and that whining also came from the (what I assumed were) adults.

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  • Charles Carillo
    Rental Property Investor · North Palm Beach, FL · Member since 2018 · 2k+ posts · 1k+ votes
    3y

    @Joshua Ocean

    I hear your pain and frustration and I have been through all of the scenarios you have outlined above. There really is no ironclad way of avoiding bad tenants. Background checks only do so much. What I have done with my business over the years, however, is buy better properties, in better areas, and that has dramatically reduced the number of bad tenants we have.

    17Reply
  • Travis BohlingBusiness Member
    Property Manager · Gilbert, AZ · Member since 2011 · 65 posts · 78 votes
    3y

    Landlording is like life, no certainties, just probabilities. Your aim should be to minimize losses and not take it too personally when you do have losses. They already took your money, don't let them take your joy as well.

    [email protected]602-898-3924
    Home Ladder4.9512 Reviews
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    21Reply
  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    3y

    Give me a minute to stop laughing.

    No make that an hour.  This post was one of the funniest I've read yet.  Thanks Josh...you made my day, week, ...probably year.  
    I haven't heard so much whining since I coached my daughter's volleyball team,...and that whining also came from the (what I assumed were) adults.

    31Reply
  • Tom CarrollPro Member
    Real Estate Agent · Avon, CT · Member since 2020 · 11 posts · 9 votes
    3y

    There is a line between compassion and business. The hard part is fair housing laws come into play and you must treat everyone the same. I'm a big believer in doing the right thing and sometimes that means doing the right thing for your tenant and sometimes that means doing the right thing for you and your family. Only you know best.

    There is also a level of tradeoffs that come with decisions you make. For example, I have landscaping a tenant responsibility in my lease. I have had tenants not take care of the place and have seen weeds take over and the town issue fines. I have also been sued for keeping money from a security deposit and was brought to small claims court where I represented myself and won. While those aren't fun experiences the positives, over my 6 years as a landlord, have far surpassed the negatives. Learn and grow from each experience :-) 

    3Reply
  • Bill B.
    Investor · Las Vegas, NV · Member since 2013 · 8k+ posts · 10k+ votes
    3y

    You chose a bad property manager, pick a new one. If you dare to say you don’t have one, then look in the mirror. With a dozen properties over almost 25 years (300 property years) I’ve had one tenant stiff me for almost $500 more than their security deposit. This was in the middle of Covid and their trucking business had been shut down by the lockdowns and they were destroyed financially. They had been tenants for over 7 years. That’s it. Should I budget $2/year in case lockdowns come back?

    This is like working in your own car, wrecking it, and then saying mechanics are all idiots and thieves. 

    Here’s some new advice, sell the property and invest the properties in stocks. It’s a lot easier than researching properties (I just realized you could have purchased a bad property or in a bad area as well, so including it here.) and property managers. (Still the most likely problem.)

    Good luck in the future. 

    Ps. Under the heading “unintended consequences” I’m pretty sure you will only get the worst tenants that don’t qualify anywhere else if you charge above market to move in. You certainly won’t get the best. 

    Pps. I would have assumed this was just a troll and not a real request for help, but you did already have 50+ posts, so hopefully not time wasted.

    10Reply
  • Jeff CopelandBusiness Member
    Real Estate Broker · Tampa Bay/St Petersburg, FL · Member since 2015 · 1k+ posts · 2k+ votes
    3y

    The hard truth of the matter is, it is almost impossible to collect a judgment for past due rent from a tenant who skipped out. When more experienced landlords and PMs share this with you, we aren't making it up, and we aren't telling you what to do; We're just telling you the facts. 

    You can spend your time being a real estate investor and landlord, which literally hundreds of thousands of people are successfully doing to build generational wealth, or you can spend your time being a debt collector, where the industry average success rate is about 20 cents on the dollar. 

    http://www.evicttv.com/episode...

    You have 168 hours in each weak, no more, no less. You decide how you can best put them to use. In my experience, it ain't debt collection. 

    Copeland Morgan LLC4.770 Reviews
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    11Reply
  • Jill F.
    Investor · Akron, OH · Member since 2016 · 2k+ posts · 4k+ votes
    3y

    @Joshua Ocean Generally, people get emotional about a material loss when it causes actual damage to their own lifestyle or status...

    You could spend a bunch of energy and money attempting to recover a couple months rent from a deadbeat turnip, or you could more profitably spend that time and energy finding a new deal, or improving a property to get re-rented at a higher rate, or changing your process to better avoid deadbeats.

    You absolutely should not make "being nice" a consideration in your pricing policy. The occasional loss due to a tenant damage or early departure is a cost of doing business you have to set all of your rents taking this type of loss into consideration. This is not being "mean".

    I know a landlord that only rents to tenants who are not "judgement proof." His has a zero tolerance late policy. He never returns more than $200 of a tenant's deposit. He has and expensive lawyer. He frequently (4-5) times per year w 20 units does evictions and often successfully pursues second cause.

    I have a different model where I spend my resources energy trying to AVOID losses. I work with tenants have a temporary problem. In an effort to further insulate myself from financial loss, I am now moving into more expensive rentals with higher tenant credit score requirements where people have cushion so that I am not impacted when they have temporary problems. (We could not afford to do this when we first started). I have 53 units and have pursued two evictions in the last 6.5 years- one cost me 2 months rent and the other four. I did not pursue second cause or a judgement with either of these guys because it would have been fruitless and no sane landlord that did a background check would have rented to either of these guys.

    This business model has been profitable for me, I am sure that other guy is profitable too (but I bet I lose less money to bad tenants. )

    4Reply
  • Bjorn AhlbladPro Member
    Investor · Shelton, WA · Member since 2017 · 6k+ posts · 6k+ votes
    3y

    Love this business! Power never wins, go with the flow and enjoy the ride!

    5Reply
  • Jaron WallingPro Member
    Rental Property Investor · Indianapolis, IN · Member since 2018 · 4k+ posts · 4k+ votes
    3y

    "or u dont know where they work in the first place." - The monument you knew you f**kd up. 

    5Reply
  • Reed Rickenbach
    Real Estate Broker · Memphis, TN · Member since 2020 · 202 posts · 203 votes
    3y

    Hire a property manager. If you're this worked up, you're either:

    1. A property manager. 

    2. Trying to be a property manager. 

    The day-to-day isn't for everyone. Outsource. 

    3Reply
  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    3y
    Quote from @Bill B.:

    You chose a bad property manager, pick a new one. If you dare to say you don’t have one, then look in the mirror. With a dozen properties over almost 25 years (300 property years) I’ve had one tenant stiff me for almost $500 more than their security deposit. This was in the middle of Covid and their trucking business had been shut down by the lockdowns and they were destroyed financially. They had been tenants for over 7 years. That’s it. Should I budget $2/year in case lockdowns come back?

    This is like working in your own car, wrecking it, and then saying mechanics are all idiots and thieves. 

    Here’s some new advice, sell the property and invest the properties in stocks. It’s a lot easier than researching properties (I just realized you could have purchased a bad property or in a bad area as well, so including it here.) and property managers. (Still the most likely problem.)

    Good luck in the future. 

    Ps. Under the heading “unintended consequences” I’m pretty sure you will only get the worst tenants that don’t qualify anywhere else if you charge above market to move in. You certainly won’t get the best. 

    Pps. I would have assumed this was just a troll and not a real request for help, but you did already have 50+ posts, so hopefully not time wasted.



    I'm also trying to figure out how raising the rent high is going to attract better tenants. REnt isn't set by the landlord, it's set by the market. If they're not charging market rent (too low) then that's on them. If they charge over market rent, then they're only going to get the worst tenants...the ones that nobody else will rent to, because they're the only ones that will pay over market rent,...because they have to.

    That one statement tells me more about who/what went wrong here than the rest of his whining. My suggestion is for him to go to his local clothing store, and invest in some big boy pants.



    8Reply
  • John MorganPro Member
    Rental Property Investor · Grand Prairie, TX · Member since 2018 · 2k+ posts · 2k+ votes
    3y

    This post cracks me up. Noobs need to learn how to have thick skin and ride the ups and downs of this biz. Have systems in place to minimize getting burned by tenants. We all get burned at one time or another. Learn from it and move on. It’s not the end of the world.

    7Reply
  • Joshuam R.
    Rental Property Investor · FL · Member since 2016 · 271 posts · 92 votes
    3y
    Quote from @Joe Villeneuve:
    Quote from @Bill B.:

    You chose a bad property manager, pick a new one. If you dare to say you don’t have one, then look in the mirror. With a dozen properties over almost 25 years (300 property years) I’ve had one tenant stiff me for almost $500 more than their security deposit. This was in the middle of Covid and their trucking business had been shut down by the lockdowns and they were destroyed financially. They had been tenants for over 7 years. That’s it. Should I budget $2/year in case lockdowns come back?

    This is like working in your own car, wrecking it, and then saying mechanics are all idiots and thieves. 

    Here’s some new advice, sell the property and invest the properties in stocks. It’s a lot easier than researching properties (I just realized you could have purchased a bad property or in a bad area as well, so including it here.) and property managers. (Still the most likely problem.)

    Good luck in the future. 

    Ps. Under the heading “unintended consequences” I’m pretty sure you will only get the worst tenants that don’t qualify anywhere else if you charge above market to move in. You certainly won’t get the best. 

    Pps. I would have assumed this was just a troll and not a real request for help, but you did already have 50+ posts, so hopefully not time wasted.



    I'm also trying to figure out how raising the rent high is going to attract better tenants. REnt isn't set by the landlord, it's set by the market. If they're not charging market rent (too low) then that's on them. If they charge over market rent, then they're only going to get the worst tenants...the ones that nobody else will rent to, because they're the only ones that will pay over market rent,...because they have to.

    That one statement tells me more about who/what went wrong here than the rest of his whining. My suggestion is for him to go to his local clothing store, and invest in some big boy pants.




     The charging over market observation, good one. Would you weight that differently if aside to charging over market rent with a strong security deposit (2x more of a months rent), along with strong work history, decent credit score showing payment history negatives only placed on small accounts, but big accoutns all paid on time, like housing, car, etc. 

    0Reply
  • Artur Correia
    Member since 2023 · 4 posts · 5 votes
    3y

    This post is CRAZY.. As someone very new (not started, yet) to this.. I don't know if I should crawl into a corner and cry or take the OP's story as an inevitable and move on.. Sound like some successful folks here will have plenty of lessons learned for how to deal with this when (not if) it happens.. 

    0Reply
  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    3y
    Quote from @Joshuam R.:
    Quote from @Joe Villeneuve:
    Quote from @Bill B.:

    You chose a bad property manager, pick a new one. If you dare to say you don’t have one, then look in the mirror. With a dozen properties over almost 25 years (300 property years) I’ve had one tenant stiff me for almost $500 more than their security deposit. This was in the middle of Covid and their trucking business had been shut down by the lockdowns and they were destroyed financially. They had been tenants for over 7 years. That’s it. Should I budget $2/year in case lockdowns come back?

    This is like working in your own car, wrecking it, and then saying mechanics are all idiots and thieves. 

    Here’s some new advice, sell the property and invest the properties in stocks. It’s a lot easier than researching properties (I just realized you could have purchased a bad property or in a bad area as well, so including it here.) and property managers. (Still the most likely problem.)

    Good luck in the future. 

    Ps. Under the heading “unintended consequences” I’m pretty sure you will only get the worst tenants that don’t qualify anywhere else if you charge above market to move in. You certainly won’t get the best. 

    Pps. I would have assumed this was just a troll and not a real request for help, but you did already have 50+ posts, so hopefully not time wasted.



    I'm also trying to figure out how raising the rent high is going to attract better tenants. REnt isn't set by the landlord, it's set by the market. If they're not charging market rent (too low) then that's on them. If they charge over market rent, then they're only going to get the worst tenants...the ones that nobody else will rent to, because they're the only ones that will pay over market rent,...because they have to.

    That one statement tells me more about who/what went wrong here than the rest of his whining. My suggestion is for him to go to his local clothing store, and invest in some big boy pants.




     The charging over market observation, good one. Would you weight that differently if aside to charging over market rent with a strong security deposit (2x more of a months rent), along with strong work history, decent credit score showing payment history negatives only placed on small accounts, but big accoutns all paid on time, like housing, car, etc. 

    The stronger the tenant is financially, the odds are they're a better tenant,....but.....?
    The best way to make sure you're paid is to use one the many websites that will collect the rent for you,...automatically.  I won't sign up a tenant without this.  Since the first time I've used this, not sure how many years ago, I haven't had a missed payment.  Late ones sometimes, but the auto collect will also auto "late fee" them for insufficient funds...and let you know about.  I've had this happen a few times, but never a repeat offender.  It's amazing how the money is always there when there's an auto withdrawal that's going to happen. 
    5Reply
  • Steve K.
    Realtor · Boulder, CO · Member since 2016 · 3k+ posts · 5k+ votes
    3y

    Send'em to a collections agency. They take a high percentage but a low percentage of something is better than nothing. Totally worth it. I've had bum tenants pay up several times just by notifying them that the next step is me contacting a collections agency.  

    2Reply
  • James Hamling
    Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes
    3y
    Quote from @Joshua Ocean:

    When i ask for advice for what tp dp with a tenant who skipped out on rent, i get the same bull. You know why? Because were all a bunch of powerless landlords. Here what people say:

    it costs too much for an attorney to be worth it, try to go to small claims, just move on, u should have picked a better tenant, next time make a stronger lease.

    well to hell with yall and this dumb advise because everyone of us knpws we cant do jack.

    if u win in small claims, u gotta go collect. Well mpst of u tried that. Garnishing wont work if they change jobs or u dont know where they work in the first place.

    just moved on n pick a better tenant? Kiss my ***, some tenants r good but they leave without notice anyways cuz life happened. 

    stronger lease? Kiss my *** again. Whats that gonna do?

    you knpw what im gonna do from now on? Im gpnna stop being nice, and charge everybody an arm and leg to mpve in so i get higher quality tenants. Charge them $250 nonrefundable pet fees, make them pay for landscaping and pest control and take their security deposit for every little thing they do.

    cuz im sick of landlords getting effed all the time. Tell me im wrong. Tell me not one of u has seen a damn dime from winning at small claims. 


     Lol, well, you are wrong so that's an easy one. 

    As for small claims, I can't say I haven't gotten a dime because I have, repeatedly. Actually I have recovered 100% on every file with exception of 1, and that's because he's still actively on payment plan. And if he skips out again, ok, I simply task the atty to then do another garnishment order, file in court again, charge all those lovely legal fee's on top of the order simply making it grow yet again. 

    It's patience you clearly do not possess. 

    REI is a business NOT an ATM. You clearly don't have your head screwed on straight as to what REI is, and it's reality crashing down on your incorrect assumptions that's stoking outrage. It's a business, and your clearly refusing to admit that, and your ineptness in operating as such.

    So feel free, go out and cut off your nose to spite your face. Be a raging phallus to prospective tenants, because that's all you will have, prospects, because they will each tell you to take a hike and they will rent from others. And your next post will be how it's BS everyone else has tenants and you have none. Again, running it as a business vs an ATM. 

    I think it's rather clear your not cut out to be a landlord, so IDK, maybe go back to playing meme stocks? 

    2Reply
  • Karl B.
    Rental Property Investor · Erie, PA · Member since 2015 · 1k+ posts · 2k+ votes
    3y

    Congratulations, Josh! It sounds like you had your first drink of alcohol today! 

    4Reply
  • James Hamling
    Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes
    3y
    Quote from @Artur Correia:

    This post is CRAZY.. As someone very new (not started, yet) to this.. I don't know if I should crawl into a corner and cry or take the OP's story as an inevitable and move on.. Sound like some successful folks here will have plenty of lessons learned for how to deal with this when (not if) it happens.. 

    This OP is simply a perfect example of someone who got into a Land lording business, with the very wrong assumption it was a get rich ez scheme. 
    I have no doubt if we ask we will find he prepared via various guru programs, videos and "golden ticket" promises. What he neglected is everything about running a business. 

    Being a Landlord is a BUSINESS. If you poorly run your business, the market will savagely punish you. And rightly so. 
    The whole OP was a rant of what an outrage it is to actually have to put in the work, or learn, and instead it's everyone else's fault. 

    A perfect example of how to NOT be a successful Landlord. 

    5Reply
  • Mike Dymski
    Investor · Greenville, SC · Member since 2016 · 5k+ posts · 13k+ votes
    3y

    Every business has give and take and pros and cons.  I had a covid squatter who worked the whole time cost me $16k.  That same small apartment community skyrocketed in value.

    I'm not looking for control over other people.  I'm looking for control over my family's financial future.

    5Reply
  • Eliott Elias
    Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    Unfortunately you're only as good as your tenants, if they really made an effort to they could ruin your business, especially in non-landlord friendly states. Quit managing on your own and pay the 10%. My property managers put a eviction notice the minute rent is late. 

    1Reply
  • Joshuam R.
    Rental Property Investor · FL · Member since 2016 · 271 posts · 92 votes
    3y
    Quote from @Joe Villeneuve:
    Quote from @Joshuam R.:
    Quote from @Joe Villeneuve:
    Quote from @Bill B.:

    You chose a bad property manager, pick a new one. If you dare to say you don’t have one, then look in the mirror. With a dozen properties over almost 25 years (300 property years) I’ve had one tenant stiff me for almost $500 more than their security deposit. This was in the middle of Covid and their trucking business had been shut down by the lockdowns and they were destroyed financially. They had been tenants for over 7 years. That’s it. Should I budget $2/year in case lockdowns come back?

    This is like working in your own car, wrecking it, and then saying mechanics are all idiots and thieves. 

    Here’s some new advice, sell the property and invest the properties in stocks. It’s a lot easier than researching properties (I just realized you could have purchased a bad property or in a bad area as well, so including it here.) and property managers. (Still the most likely problem.)

    Good luck in the future. 

    Ps. Under the heading “unintended consequences” I’m pretty sure you will only get the worst tenants that don’t qualify anywhere else if you charge above market to move in. You certainly won’t get the best. 

    Pps. I would have assumed this was just a troll and not a real request for help, but you did already have 50+ posts, so hopefully not time wasted.



    I'm also trying to figure out how raising the rent high is going to attract better tenants. REnt isn't set by the landlord, it's set by the market. If they're not charging market rent (too low) then that's on them. If they charge over market rent, then they're only going to get the worst tenants...the ones that nobody else will rent to, because they're the only ones that will pay over market rent,...because they have to.

    That one statement tells me more about who/what went wrong here than the rest of his whining. My suggestion is for him to go to his local clothing store, and invest in some big boy pants.




     The charging over market observation, good one. Would you weight that differently if aside to charging over market rent with a strong security deposit (2x more of a months rent), along with strong work history, decent credit score showing payment history negatives only placed on small accounts, but big accoutns all paid on time, like housing, car, etc. 

    The stronger the tenant is financially, the odds are they're a better tenant,....but.....?
    The best way to make sure you're paid is to use one the many websites that will collect the rent for you,...automatically.  I won't sign up a tenant without this.  Since the first time I've used this, not sure how many years ago, I haven't had a missed payment.  Late ones sometimes, but the auto collect will also auto "late fee" them for insufficient funds...and let you know about.  I've had this happen a few times, but never a repeat offender.  It's amazing how the money is always there when there's an auto withdrawal that's going to happen. 

    Exactly lol, that's how we set up our first year, direct deposit, 2x security deposit, monthly auto gmail reminders of payments, when they sign, they had 3 days to do the two test transactions if not the lease would not be valid. All went smooth, they have been and are still amazing tenants, now in year two I did just that of what you mentioned, I switched to an online platform, so they deal with it and also deal with late fees if any. Looking forward to more good stories like these results. This next thing I will say is strange to me because I have not ran into before or after , probably will once I get the other properties, but the one thing that was a very strange recurring pattern for me were individuals with a sad story of circumstances ready and willing to pay 3 months of rent and also 3x the deposit we were asking for....but I filter that non sense and headaches out quick once I directed them to fill our application. 

    1Reply
  • Carlos Ptriawan
    Member since 2019 · 7k+ posts · 4k+ votes
    3y
    Quote from @Joshua Ocean:

    When i ask for advice for what tp dp with a tenant who skipped out on rent, i get the same bull. You know why? Because were all a bunch of powerless landlords. Here what people say:

    it costs too much for an attorney to be worth it, try to go to small claims, just move on, u should have picked a better tenant, next time make a stronger lease.

    well to hell with yall and this dumb advise because everyone of us knpws we cant do jack.

    if u win in small claims, u gotta go collect. Well mpst of u tried that. Garnishing wont work if they change jobs or u dont know where they work in the first place.

    just moved on n pick a better tenant? Kiss my ***, some tenants r good but they leave without notice anyways cuz life happened. 

    stronger lease? Kiss my *** again. Whats that gonna do?

    you knpw what im gonna do from now on? Im gpnna stop being nice, and charge everybody an arm and leg to mpve in so i get higher quality tenants. Charge them $250 nonrefundable pet fees, make them pay for landscaping and pest control and take their security deposit for every little thing they do.

    cuz im sick of landlords getting effed all the time. Tell me im wrong. Tell me not one of u has seen a damn dime from winning at small claims. 


     way to go man

    0Reply
  • Michael K GallagherBusiness Member
    Real Estate Agent · Columbus OH · Member since 2018 · 1k+ posts · 1k+ votes
    3y
    Quote from @Joshua Ocean:

    When i ask for advice for what tp dp with a tenant who skipped out on rent, i get the same bull. You know why? Because were all a bunch of powerless landlords. Here what people say:

    it costs too much for an attorney to be worth it, try to go to small claims, just move on, u should have picked a better tenant, next time make a stronger lease.

    well to hell with yall and this dumb advise because everyone of us knpws we cant do jack.

    if u win in small claims, u gotta go collect. Well mpst of u tried that. Garnishing wont work if they change jobs or u dont know where they work in the first place.

    just moved on n pick a better tenant? Kiss my ***, some tenants r good but they leave without notice anyways cuz life happened. 

    stronger lease? Kiss my *** again. Whats that gonna do?

    you knpw what im gonna do from now on? Im gpnna stop being nice, and charge everybody an arm and leg to mpve in so i get higher quality tenants. Charge them $250 nonrefundable pet fees, make them pay for landscaping and pest control and take their security deposit for every little thing they do.

    cuz im sick of landlords getting effed all the time. Tell me im wrong. Tell me not one of u has seen a damn dime from winning at small claims. 


     you don't have to be a land lord to invest in real estate...maybe managing properties or at least the current properties and asset classes you deal with are perhaps not working to your operational strengths.  I've had very few issues offering a premium product for a premium price and demanding premium tenants for that product...our and some general respect goes a long way too.  Just from my own experience doing this for 4 years.  

    PS I know thats not much but thats all I have to work with.

    PPS I'm sure there are 200000000928319374913757 people on here who would take your properties off your hands for you if you wanted out.  

    [email protected]614-362-2231
    0Reply
  • Account Closed
    Investor · Singapore · Member since 2013 · 1k+ posts · 3k+ votes
    3y

    Let me guess. The OP has invested in "cash flow" following the "2% rule" in dead end cities. Now you know what risk/reward equations mean.

    2Reply
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