My entire 4-plex just went delinquent at the SAME TIME

[Kyle Krason]

Hi everyone.

So, I've had my 4-plex for about 8 months now and had no issues with collecting rent  for the first 6 months.. Then.. One tenant started to pay a little bit late because of some issues she was going through financially.. But then suddenly, in July... ALL 4 TENANTS went delinquent.. paying more than 3 weeks late the last two months.

Has this ever happened to anyone else? What should I do? This is my first ever investment and I'm looking for some advice.

Thank you