As I was daydreaming in class, I was thinking back over the last 25 years of managing tenants and about some of the craziest stories I could remember.
unit in pursuit of the suspect with everything from teargas canisters to battering rams.
Are there gaps in rental history? This could signify that were incarcerated or in a facility of some sort for a period of time. Ask questions.
Last week, I was taking the dreaded continuing education to maintain my real estate license.
Did you see where they live now? That's what your unit will look like.
Will they take the unit sight unseen? If they don't seem to care about where they're living, how well do you think they'll take care of it?
Related: Tenant Screening: The Ultimate Guide
So, naturally, I procrastinated once again, and my selection of remaining courses was somewhat limited. I ended up in a Property Management course, and the irony of which is that about eight years ago I was a practicing property manager at a RE/MAX real estate office. To be quite honest, Nike Tech Fleece Pants Grey
One unit had fleas, bedbugs, and termites so bad that the Township condemned the building.
13 Red Flags for Troublesome Tenants
A tenant burned the basement steps and floorboards as firewood to heat the house with the fireplace.
9 Insane Tenant Issues That I Seen
Some of these tenants may have already been in the property when I bought it, or they may have lived in properties that I managed for others. Even so, many of these situations could have been prevented through better screening or recognizing any red flags.
So, here a list of some of the worst tenant situations I encountered and not necessarily in the order of severity:
Any long term guests or adult children? What your policy? For example, are the people on the lease the only ones allowed to live there? Or, will the rent increase if an adult child moves Nike Sweaters For Girls Black
Tenant Red Flags
Any pets (or other dangerous animals)? Townships may have ordinances that only allow certain pets.
I even had a tenant, whose snake ate a neighbor's small dog.
A tenant shot a cop, and then a SWAT team destroyed the Nike Sweatpants Loose Fit
First, let me preface by saying I had lot of great people over the years, who actually paid their rent, took care of the property, and helped me and my investor clients acquire and pay for many a nice piece of real estate. And, although we managed every type of residential real estate, we had some doozies along the way too.
What was their personal appearance and what did their car look like? How they take care of their personal belongings is probably how they'll take care of the unit.
So, here's a list of thirteen red flags that we all need to look out at when selecting tenants:
A tenant burned the house down cooking fried chicken for breakfast and falling asleep drunk.
Are they on time for the appointment? If they can't even be on time for the appointment, it's likely that their rent won't be on time either.
How many occupants will there be? This helps you predict the level of wear and tear to the unit.
What type of first impression did they make?
I witnessed a tenant barbequing in an enclosed hallway of a multi unit. (It wasn't even raining out!)
There was a DEA drug bust. They ripped out every drop ceiling tile in the unit.
A tenant filed bankruptcy and lived in the unit for a year rent free. (It's harder to do that today based on the new bankruptcy law.)
it was a very long day, but I did still pick up a few pointers.
You see, although I'm not really a traditional practicing agent any longer, I do keep my license active for tax purposes (unlimited passive losses).
A tenant with three kids defecated all over the house after living without water for three months in the middle of Summer before the Board of Health shut them down. Nike Dri Fit Shorts By the way, the Board of Health is a quick way to evict.
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