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Other areas where you MAY want to invest money in include: logo design, web design, web promotion, and useful tools such as a graphics editor and a powerful autoresponder. However, there are plenty of free resources on the Internet and I encourage you to seek them out.
As you may have already guessed, all of these things happened to me, after I had amassed 26 rental properties. In fact, oftentimes, all of these problems happened in the same month. Now, for awhile (when I had about 10 houses), if one person failed to pay rent, I could cover it with the nine other payments. But when two, three and sometimes even five tenants didn’t pay in the same month, it was devastating to my business. I had to go to my business account and pay up to $3,000 at a time in mortgage payments, with no income to cover it. Plus, I had to pay a property management company to get my tenants to pay or to evict them.
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Rest easy, there’s no pressure to get a blog. Not getting one won’t negatively impact your bottom line. So although the technology can be entrancing, stay focused… what are you selling to who? How is it going? That said, do stay curious about new technology. Part of your chosen profession as an online biz owner means modeling for others by staying abreast of new things.