NYC Landlords Are Reporting Late Rent Payments to Credit Agencies

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Imagine being a landlord in New York City, a place known for its tough tenant laws. Now, picture your tenant refusing to pay rent for two years due to alleged poor living conditions. Sounds crazy, right? In this episode, I discuss a real story of how this happened in NYC recently.  The landlord has been reporting the non-payments to the credit agencies and the tenant's credit has suffered. In this episode, I discuss the implications of this and things you need to consider as an investor. 

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