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Have you ever seen those infomercials about buying houses with 'No Money Over?' They are really congratulations. They have every kind of people offering great testimonials on how they have gotten rich, buying rental properties, with absolutely no money out of its pocket. You observe this guy, standing on the street corner, talking to someone, and the man says, 'I own that one,' pointing to a beautiful colonial. 'I also own that one next to it, and the one two doors down, and Soon we will be closing on the one directly across the trail from it, next few days.' He then assures us that he's purchased 17 homes inside last eight or ten months, with zero money down on the properties. Plus, in many cases he's also paid no expenses.

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As you may have already guessed, all with their things happened to me, after I had amassed 26 rental properties. In fact, oftentimes, all of fresh food happened in the same month. Now, for awhile (when I had about 10 houses), if person would not pay rent, I could cover it with the nine other payments. But when two, three and sometimes even five tenants didn't pay in the same month, food devastating to my business. I had to go to my small business account and pay as many as $3,000 in the course of in mortgage payments, absolutely no income spend for it. Plus, I for you to pay real estate management company to get my tenants to pay or to evict these animals.

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