Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Bad tenant
1. Bad Tenant For some landlords their tenant’s payment is late every month or they constantly complain about the tiniest repair, like a burnt out light bulb. All this is minor compared to some of the horror stories out there. This is James’ story….. James has several rent homes and gets along well with all his tenants. One day a tenant called and complained about the carpet. The tenant let James know that his 3 year old daughter had just returned from the allergist and the allergy tests revealed her to be highly allergic to dust. To keep his tenants happy, James removed all the carpeting from the house, and replaced it with laminate hard wood floors at no cost to the tenant. A few months later, James realized that this specific tenant was late paying their monthly rent. This was odd since this specific tenant is always on time and more often than not, he pays early. Since this occurrence was out of the norm, James decided that instead of sending a letter to the tenant this month, he would pay the family a visit. When James arrived at the home, he realized that the house was empty. His tenants had left his home without paying for their last month’s rent. When he enters the home, he finds that the brand new flooring that his tenants requested was warped with overwhelming amounts of water damage, not only in one room, but in every room. This situation left a sour taste in James mouth since now he has to spend thousands of dollars to repair his once beautiful home. James had not only incurred the costs for the replacement of the floors and base boards, but now he was also having to pay for a cleaning service to remove mold. There are many horror stories regarding bad tenants out there, and even some videos. If you find yourself in James’ position, do not be dismayed. Just give Gulf State Homebuyers a call and we will give you a cash offer on your rent home today! For more information about we buy homes for cash visit http://www.gulfstatehomebuyers.com/house-for-cash.