3 Mistakes That Cost Me 10k and Landed Me in Court
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3 Mistakes That Cost Me 10k and Landed Me in Court
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About this listen
In this video, I break down one of the worst rental deals of my investing career. On paper, the numbers looked great. In reality, the property turned into a financial and legal mess that cost me over 10k and forced me into court.I walk you through the 3 mistakes that created this disaster:• buying in the wrong area• underpricing the rent and attracting the wrong applicants• trusting someone unqualified to place a tenantIf you're a landlord or real estate investor, these mistakes are extremely common and extremely expensive. Learn from my experience so you can avoid bad tenants, bad placements and bad deals that destroy your cash flow.If you want more landlord lessons, rental case studies and real stories from the field, subscribe to the channel and check out my videos on tenant screening and property management.Drop a comment and share your own rental nightmare story.