The biggest crime in small businesses today goes unnoticed by most strangers. It is not reported in the media. There aren't any police reports filed and corporations do not even mention it on their websites. Individuals do not talk about it in the pub and employees often overlook it. Even though this crime is rampant among small businesses, it's presence is so subtle a large business owners fail to name when it is going down! Unfortunately, this crime is the same one that is most likely to kill a small business. It's not stealing by employees, burglaries, trivial lawsuits, or industrial espionage.
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As you may have formerly guessed, all of these things happened to me, when i had amassed 26 rental properties. In fact, oftentimes, all analysts problems happened in the same month. Now, for awhile (when I had about 10 houses), if person failed to pay rent, I could cover it with the nine other payments. You are considering two, things sometimes even five tenants didn't pay in point month, food devastating to my sales. I had to pay a visit to my business account and pay as much $3,000 in the time in mortgage payments, with no income to it. Plus, I had to pay a house management company to get my tenants to pay or to evict her.
Soon, this became the norm, not the exception to this rule. There were constant problems at my houses. Unhappy tenants contributed to poor repair off the property and a lot maintenance downfalls. About one year, photographs had amassed 26 houses, I was having problems with roughly 10-15 houses and/or tenants 1 week. I was evicting on the Cannabis Olje two tenants each month, and approximately four to seven tenants were either behind on rent or even otherwise paying whatsoever. Promises were made, payment plans arranged and few, if any, ever followed through.
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