Tenant From Hell?
Did you guys hear about the tenant who left behind 70,000 beer cans?
Bet that put a lot of you newbie real estate investors off. Actually the story has a few positive points. For one, the tenant stayed for 8 years. Thats a really long time. There are always costs associated with cleaning up and readvertising the house. After 8 years you’d have to change the carpets and paint the walls. Maybe do some yard work. The longer a tenant stays, the less cost you have. And the $800 that the cans sold for definitely helped defray that cost. Plus he probably lost his deposit, so I think the landlord actually was happpy! I know I would be.
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