Good Afternoon Terry,
Tenant doesn't pay so Fred Slapped me upside the head!
Here we were - sitting around talking real estate -
imaging that - and a question comes to me from a Private Client.
My tenant is not paying on time - they have been late the
last 2 months - can I evict them and how do I get them to pay on time?
Here is the reply that got me Slapped upside the head by Fred:
The only time I have ever had any issues with tenants is when
I broke The Golden Rule. What is The Golden Rule? Glad you asked.
The Golden Rule - when it comes to Tenants and Renters in general
-is this:
You can always stop an eviction - but you can never go back in time
to re-start one.
Pretty sage advice - here is what it means - I have heard every
reason and excuse - and fell for many - and have given the late
paying tenants time to catch up.
And every time I do that - I get the Big Shaft - they move
out in the middle of the night - doors left wide open - water
running things broke - animals left behind - you get the idea.
All of this usually took place right before the next check was due.
Years back I set into motion a strict game plan - if you are late -
the eviction notice is filed - and you will pay the court cost to have
it stopped. Yes you can do that - if you put it in your lease!
See - if their grandmother really got run over by a reign deer
or cupids arrow nipped their uncle in the rear and they have
to pay the doctor so they are going to be a "few days late" -
if Gonzo The Gorrill broke loose and smashed the tenants
front end of the car while making good his escape.you can
enter whatever lame excuse you have heard here -
you always start the eviction process!
You need to train them to be on time - and if they are late -
let them know!
If you don't let them know - they will start with that inch and
make it 6 inches next time - then 12 - then you are 3
months behind and life really stinks.
So - why did Fred hit me upside the head?
Well - last week I rolled out the incredible Convention I am holding:
http://www.fireyourbossin90daysorless.com/
It seems I was late getting it out and yes - everyone who
is a member of the Private Implementation Team -
you know who you are - get's to come as my guest -
as well as anyone who just received the Private Lending
and/or Apartment Investing course from the call I
conducted with Lance Edwards at
http://www.fireyourbossin90daysorless.com/
So Fred Whacked me upside the head and said:
"YOU were late - you have to pay a penalty for
Not giving an Early Bird present to all of our loyal clients.
So here it is - As I am writing this with an Ice Pack
on my head:Register for the years greatest convention at:
http://www.fireyourbossin90daysorless.com/
and I will take $200 OFF the $497 price point - that's right -
3 Days of Trainingfrom some of the Nations Greatest
Real Estate Investors for just $297.
I really think Fred hit me too hard but - this is only
good until Thursday Night the 14th - Valentines Day -
and be on time - there is a $200 Late fee on this one -
and I have already told you how I play that game - No Excuses!
Terry Wygal -
The QHB
The Quick House Buyer
http://www.fireyourbossin90daysorless.com/
Terry Wygal is a Native Houstonian and has been
a full time investor for over 7 years now.He has
interviewed and developed strong networking
partnerships with noted national Speakers such
as The Apprentice 3rd Season Winner Kendra Todd,
A&E’s Flip This House Star’s Than Merrill, David
and Armand Speaker Vic Johnson. Terry Wygal
runs one of the Nations fastest growing real estate
investing training centers at
http://www.totalfinancialliberty.com/
and gives away over 6 hours of Free Real Estate Investing Training at
http://www.freehousescd.com/
Financial Marketing Headquarters:
http://www.thequickhousebuyer.com/
Financial Marketing CD:
http://www.freehousescd.com/
Financial Marketing Reviews:
http://www.financialliberty.com/
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