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Updated over 6 years ago on . Most recent reply

Storm S.'s profile image
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Storm S.
  • Real Estate Agent
  • from Santa Barbara, CA
  • Member since Sep 27, 2016
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Storm S.'s profile image
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Storm S.
  • Real Estate Agent
  • from Santa Barbara, CA
  • Member since Sep 27, 2016
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Storm S.
  • Real Estate Agent
  • Santa Barbara, CA
283
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518
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Buying & Selling Real Estate

Guaranteed Rental income

Storm S.
  • Real Estate Agent
  • Santa Barbara, CA
Posted
Hello everyone. Has any investors ever looked into getting credit insurance on the event of tenant default by insuring your accounts receivable? It seems like this would be a good way to get guaranteed income.
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Aaron K.'s profile image
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Aaron K.
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  • from Riverside, CA
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Aaron K.
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Aaron K.
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  • Riverside, CA
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

It is probably more expensive than it is worth, if a person's finances can't weather a short term vacancy, rentals might not be a great investment for that person.

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