First road bump in my RE career

Luckily, I think it might be a blessing in disguise. Just closed on two SFH’s last week, and already had them both leased. Well, one of the tenants just called and said they suddenly can’t afford the rent and want to back out. You know what I told her? NO PROBLEM!

Being a newbie, I had set the rent about $50 too low anyway, and I had plenty of interested parties. I will pick the best ones out of that group and get the rent I should anyway.

This is fun!

If that is your only bump you are doing O.K.

yeah, not too bad. already found a better tenant out of my pool of back up applications that came in after I signed with the original folks.