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by Retric
3987 days ago
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That really falls under cost of doing business. With some effort you can mitigate those issues, but they really don't end up costing you close to full property value the way a fire / flood might. PS: IMO, it's important to separate the value of a property from the income stream it generates. Someone that's 3 weeks late every month in paying their rent you 250$/year in interest and some aggravation, but that's almost meaningless in the end just toss in a late fee and it tends to average out in the end. |
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