Lanlord Tip - Use Rent Credits!

[Troy Ross]

When I first began to invest in real estate, I was only interested in wholesaling and rehabbing. But a few rentals presented themselves when I was not looking for them and I ended up using whatever lease I could find to use. After all, these types of deals were not desirable to me at the time. I did not want to deal with the hassles or face the fear of paying a note that the tenant should be paying for me. But someone gave me a great tip that would eventually eliminate that fear.

I learned about “Rent Credits” and this was the very first time that I’ve ever heard of them. Even when I rented from a landlord, none offered such a thing. But they really do work. As an example… I had a 3 bedroom, two bath house that I wanted to rent. I learned that comparable rentals were going for $900 to $1050 a month. So I... (more)