One of the key points we stress during our free US Real Estate seminars is that we take pride in our relationships with our tenants.  We treat them like gold, because happy tenants bring you more happy tenants, they look after the property and they pay their rent on time.

Apparently, some US banks haven’t figured this out yet.

Interesting article from NPR points a finger at some major banks as being “not model landlords”.  When you read the article, you’ll recognize that as a huge understatement.

The article also underlines another of the principles that we teach.  “Banks don’t want to take your home and own it,” Leonard says. They’re stuck with plumbing and electrical maintenance that is well beyond their mission, he adds. “They have to hire a property manager to take care of the property.”

Banks would rather sell the property than rent it is the bottom line.  Have you started your journey to owning US Real Estate yet?  Perhaps one of our free workshops would be the perfect starting place!

 


Comments

comments

About The Author

Steve Martel

Steve Martel is a serial entrepreneur with over six multi-million dollar revenue-generating companies, with two worth over $10,000,000.00 each. Steve is a real estate wealth expert, a strategic business advisor, consultant, coach, and philanthropist. He directly influences more than 100,000 entrepreneurs annually and has helped the acquisition of over $350,000,000 of real estate in the past 3 years alone. 

Related Posts