When I consider holding costs, cost of money, etc… it's cheaper for me to drop the price than to sit on it for months at a time.

If you make the late fee ridiculous and it spirals out of control on the tenant they have little incentive to catch back up and it's often easier for them to sit there and not pay until they have enough money to move elsewhere.

On the other hand, another one of my family members has hundreds of thousands of dollars sitting in a checking account because he's scared to invest in the stock market.In the end, everyone is different and money isn't always the driver of one's decisions.

A property sitting empty a month is better than a nightmare tenant who pays less than market rate rent and causes headaches all year or has to be evicted.

A lot of the time the property will sit vacant and I won't figure out they left until I get a tall grass violation.

I was hoping after showing a year of positive cash flow that I'd be sitting pretty when it came time to crunch numbers, and cash out on a re-fi.Total loss of $780, that's kind of the math that I got too.

I have found that the bank foreclosure that I buy have been sitting empty for a while.

It is to do list which you can share with your partner(s). It

Painful, but I've heard far worse.I'd love to sit in on an eviction hearing in your county!

You will find that mentor programs like the one you mention and many guru type courses do not sit well with the folks here on BP.