The main reason people go into real estate investing is the same reason people fail to protect their assets in real estate investing – money. What you don’t do now can be held against you later in a court of law.
Are you the type of landlord that allows maintenance to pile up on your rental property? Or do you get the job done as soon as the problem arises? Here is a list of reasons why it is so important to stay on top of repairs as they surface;
A Swedish socialist said: “Rent control appears to be the most efficient technique presently known to destroy a city – except for bombing.” An official of the communist government in Hanoi: “The Americans couldn’t destroy Hanoi by bombing it during the war but we have destroyed our city by low rents.”