Property Investing


Written on September 7, 2007 – 2:43 pm | by piterekxenony

I just found a website that has a pretty good articles about property tips and Property investment. It will give you a lot of useful tips regarding to properties. The site has a Property blog also and all of the articles there are originally written by the owner and Im sure you can relate to those articles coz it is the personal experience of the site owner.

I just visit the site again and theres a new article about why you hate your tenants. Here are some snippets from the article:

1: Late payments
I don’t think I received one payment in time. Every time rent was due she fed me with an excuse in attempt to justify the delay. Little did she care to realise is that I didn’t give a flying fuck about her stupid excuses. She signed a contract to make payment on a per calendar month basis, and that’s what I expected.
I can live with one or two late payments, but making late payment consistently got tiresome, as did her excuses.

2: Failing to make payments, period.
She failed to make payments 2 months consecutively. That left me out of pocket by about 1.5k. I wonder what I did to deserve such a rewarding experience- letting some crack-whore squat in my property. Let me tell you, there was definitely a certain amount of satisfaction knowing that I was helping the genuinely poor and needy. No, really!!

At this point I started the eviction process.

3: Benefit Fraud
My tenant was receiving cheques from the social benefit to contribute towards her living expenses. However, as mentioned in my previous point, she failed to pay the last 2 months of her rent. Where did her allowance go? A few people have their own theories in regards to where the money went; and I have a few theories of my own. Of course, my theories are all drug related.

4: Liar
She’s a compulsive liar. She lied about pretty much everything. For example, she would tell me that she was going to deposit money into my account on various occasions, but never ended up doing so.

Full article here

  1. One Response to “Property Investing”

  2. By Investing on property on Sep 13, 2007 | Reply

    Thanks for suggesting the property tips.It is really very important to make the right choices and decisions before investing on a property.

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