how to earn money with real estate options_22

_{From my experiences buying mismanaged rental properties, I have found that}

_{incompetent ownership is the number one reason that rental properties end up}

_{being mismanaged. This incompetence has a snowball effect and is the direct result}

_{of the owner 's:}

_{f low, which is barely enough to pay for maintenance and debt service when}

_{the property is at 100 percent occupancy. Any vacancy causes cash flow}

_{problems that must be covered by the property owner.}

_{who will not or cannot pay their rent on time and creates a negative}

_{cash f low, which the owner must subsidize from personal funds in order to}

_{keep the mortgage or deed of trust loan current.}

_{This causes tenant turnover and vacancies, which increases the negative}

_{cash f low that the owner must subsidize in order to maintain the property}

_{and pay the debt service.}

_{universally as tenants from hell, who are notorious for not paying their rent}

_{and being malicious vandals.}

_{This results in the property being taken over by the tenants from hell, which}

_{usually ends with the lender foreclosing on the mortgage or deed of trust}

_{has filed a bankruptcy petition.}