/biz/ - Business & Finance

Anonymous Wed Aug 3 04:00:32 2022 No.50710159 [View]
File: 1.06 MB, 2576x1932, 20220730_111141.jpg [View same] [iqdb] [saucenao] [google]

>>50707410
Anon it sucks but it could be so much worse. The tenant could have stopped paying and declared BK and not paid rent for years. Or burned your house down. The rental property biz has downsides like this and always will. Hedge your vacancy exposure with multi unit buildings. Charge large deposits. Keep large cash cushion on hand for things like thus and remember it's it's a tax write off against your W2 income. Don't worry you GMI.

T. Owns 11 rental units since 2004.

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