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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!

 

Steve Martel
Steve Martel is a serial 8-figures/yr business magnet, real estate mogul, millionaire philanthropist, author, educator, public figure & happily married father of 4 little munchkins under 10. His teachings and concepts have revolutionised the lives of over 100,000 entrepreneurs around the world and he has consulted 428 clients who’ve collectively created businesses worth over $560 million in the last 5 years alone.