5 Steps To Help Fail-Proof Your Growing Service Business

by LamontGladden356 posted Oct 16, 2024
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As you may know, all of these incidents happened to me after I acquired 26 rental properties. In reality, most of these problems occurred within the same month. When I owned about 10 homes, once a month, if one person didn't pay rent I could make up the difference with the nine other rent payments. My business suffered when three, four, or sometimes five tenants failed to pay rent in a given month. I was forced to go to my business account to pay up to $3,000 in mortgage payments. With no income, it was impossible to cover it. I also had to pay a property management firm to get my tenants paying their mortgages or evicting them.

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What is it that he has that others don't have? They keep moving. They make mistakes but don't give in. Success seems to largely boil down to persevering after others have given in.