Real Estate Investing!

Boy can I train ‘em! - http://www.dealmakerscafe.com Forums

Original message

Lynn
Moderator

"Boy can I train ‘em!" , Thu 1 Mar 20:38

I had a new experience today that was rather humorous, but it gives you an idea of how tough I am when it comes to being paid on time.

I had a tenant/buyer who has been in one of our houses for four months. One month they didn’t get me paid by the first. On the morning of the second I put an eviction notice on their door.

Well, now it is two months later and the wife came into my office today and with a sad look on her face she said “I’m really sorry, but I need to pick up one of those papers like you left on my door that time that we were late.” I kinda had the deer in the headlight look and she continued “I can’t have the rent to you until tomorrow and I know that you have to give me one of those papers.” Cool! Now I have tenants picking up their own eviction notices!!

Okay, I’m not as harsh as you are thinking. I didn’t swing around to the computer and print out an eviction notice, but I did tell her how much her late charge would be and that if she didn’t make it in tomorrow I would have to give her one of those papers.

Train your buyers from the beginning and you will avoid a lot of problems. When we close our agreements we don’t mince any words when we talk about paying us on time.

Happy Investing!
Lynn

Knowledge is important but all the knowledge in the world is worthless without action! How many offers did "you" make today?

Replies: