Tenant From Hell?
Did you guys hear about the tenant who left behind 70,000 beer cans?
Bet that put a lot of you newbie real estate investors off. Actually the story has a few positive points. For one, the tenant stayed for 8 years. Thats a really long time. There are always costs associated with cleaning up and readvertising the house. After 8 years you’d have to change the carpets and paint the walls. Maybe do some yard work. The longer a tenant stays, the less cost you have. And the $800 that the cans sold for definitely helped defray that cost. Plus he probably lost his deposit, so I think the landlord actually was happpy! I know I would be.
![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- Put Your Mortgage On Your Credit Card & Earn Rewards American Express has now announced that it will allow borrowers to put their mortgage on their amex cards get earn points!Its great for AMEX because some of the borrowers will be late and incur penalties of 15-28%! Of course of the savvy ones will also earn a lot more reward......
- San Diego Condo Conversion Craze Cools Off There's a good article in the local paper on how San Diego is saturated with Condo Conversions that aren't selling. There are nearly 7,000 units in 111 complexes sitting on the market. In fact, in some places the developer has decided not to continue to sell them and just keep......
- Opening a new brokerage account I recently found out that if you open a new account with TD-Ameritrade[formerly TD Waterhouse, Ameritrade and Datek], with $2000 you get 15 free trades. You can do this even if you have an existing account[according to their customer support]. If you deposit $25,000 they'll give you 25 free trades......
Related Websites
- How to Save Money on Transport Costs Ditching your car in favour of using public transport more often is great for the environment and by not having your car on the road as much, you can do your bit for the planet. As well as being more green, it can also be good for your wallet......
- Life After Winning The Lottery “Imagine the freedom” is an often used marketing slogan of the Ontario Liquor Gaming Corporation for the 6/49 Lottery. Anyone’s life will change after winning the lottery. But will it be easy street or disaster? The Impact Of Sudden Wealth [/caption] Sudden unexpected wealth hits the recipient hard simply because......
- The Hidden Costs of Travel Austin teaches English in Japan and is the author of Foreigner's Finances, a blog that deals with personal finance abroad, travel, and other international topics. Finding a cheap plane ticket without having to get help from National Payday for a vacation or trip abroad is always cause for celebration. However,......
[All content is copyright of Living Off Dividends & Passive Income]
Leave a Reply