My Tenant Went MISSING | Real Estate Investing Vlog
It's never a fun time when you have a tenant nightmare in real estate investing, but my weekend was taken over by one of my tenants going missing. Now I've got to move forward with an eviction, and decide what I'm going to do about this property…what do you suggest?
LIMITED SPOTS: The LIVE Beginner's Bootcamp is back, sign up here:
🎉 Get my free business & financial freedom course:
💵 How much should your business charge?
❗️Want to know if your business has what it takes? Take my free quiz:
💰Discounts for my favorite tools & software:
🎥 Want my help growing your business and/or content?
🎉 ITS BACK! 🎉
Join me for mentorship on Zoom; spots limited!
https://www.liliinvests.com/bootcamp
Looking back, was there anything in the tenant’s application or rental history that would indicate that your home would have been left in this condition 😢??
Maybeeee, but I also try not to expect people to have a spotless past. It’s hard to balance, but there were no evictions or violent crimes on his record
Thank you for sharing! I feel your pain, I had one tenant who flooded the unit, broke the patio glass, and created a huge bug infestation after only 2 years. They left without paying security deposit and last month rent. Smh
Oh wow! It happens!
Be thankful that ur not doing this alone….it will cost u plenty when u have to hire peeps-
Sorry to hear you got ghosted. I’ve been there.
Thanks!
This place for $700 dollars a month sounds like a Dream, can’t believe some one will trash such a good deal smh 4:00
I agree!
Your family is awesome for helping you. He lived like he was still in jail. I’m glad he wasn’t able to damage your property more than he already did.
They really are ❤️
One rent one Airbnb get a ball out and it’s always somebody watching somebody
That’s a good idea
Honestly I wish I could say this isn’t normal but I’ve heard stories. Horror stories 😱😱
It’s tragic sometimes
Lily, no offense, but who you renting to? Were they screened and vetted? 😮
lol no offence taken. Yep, clean background checks and landlord reference. $700 a month
@@Liliinvests that is crazy, dude just went full zombie mode
@@LiliinvestsI think I seen you at UConn before or u might have a twin lost sister
That’s why you can’t spend expensive on rentals, because tenants don’t care.😢❤.
Unfortunately that’s true sometimes
🤣🤣🤣 alert alert he’s taking the pee 🤣
This is the thing that has kept my fam from going into RE. What are thoughts on investing in commercial RE instead?
You are right, the Airbnb would be nice for your properties.
You own 11 units now or more? Why you stopped buy properties?
Exercise the right to inspections. And a combined short/long term rental plan for that property may be better.
Great content, love it, a blessing. Person actually does the work!!
A few rookie moves! Based on the tenants you got it seems like a C or worse class property. Did you over renovate? Did you vet those tenants? And did you check on the property? Must do’s even though they take up a little time
Stick with long-term. Airbnb will man tons of upfront cash in furnishings and then you have to pay a cleaning service and pay utilities and manage your reviews. I’d get it fixed and hope for another 3 years of easy rents
You definitely didn’t screen your tenant