INVESTING and managing rental properties has its own pros and cons. One of the main reasons people are scared to invest in rental properties is dealing with bad tenants. If you are going to invest in Rental properties for a long time, there is no way you won’t run into some bad stuff. I guess this is what makes this whole investment so interesting, otherwise what’s the fun!.
WATCH THIS VIDEO THAT SHOWS HOW TENANT LEFT THE APARTMENT AND HOW MUCH TIME WE HAD TO SPEND TO BRING IT BACK TO RENTABLE CONDITION AGAIN.
WHAT TO EXPECT IN THE VIDEO?
This video shows what difficult situations landlords need to deal with from time to time and shows how the apartment was left in so much mess, it was missing smoke detectors, missing light fixtures. You will also see the deep cleanup of the apartment, Plastering lot of holes on the walls, Sanding Plaster, Priming and Painting, and Installing Lights. This video is full of simple TIPS which can be used for DIY renovations.
STORY OF TENANT
This is a story of a tenant who was nice until her boyfriend moved in with her and things just went to hell within 6 months. She left with all her belongings and wanted to transfer her lease to a trashy boyfriend. Why the hell would I do that as a landlord? That guy didn’t have any income or credit to transfer the lease and didn’t want to even leave the apartment. The girl ended up paying 2 months extra rent for him and at least her father came and made sure that boy leaves the apartment.
Girl went through trauma, sometimes that’s the consequence of some of our own choices.
IS THE TIME CHANGED FOR LANDLORDS?
This world has given bad names to landlords and I am sure there were reasons for that but time has changed and Landlords are on the receiving end of this deal.
Landlords take risk, pay mortgages, pay taxes, provide a place to live and then they still have to clean up after bad tenants. This is not a generic statement, it is rare but it happens and I dealt with this situation a few times already.
LEAVE COMMENT BELOW WITH YOUR THOUGHTS.