The Worst Tenants of All Time – Local Records Office

LOCAL RECORDS OFFICE – Renting an apartment to tenants is not easy, many tenants pay rent late, are filthy, have more people in the apartment than what they put in the application, have loud pets that bother other tenants, smokers and many more.

I manage over 20 properties right now and spend less than 4 hours a week and am even reducing that.   Right now is a great time to own rental homes for both cash flow AND appreciation. When I ask rental property owners to explain their asset most will start telling me about the physical property. I disagree.

Your biggest asset is your tenant. Finding a good tenant is so important I want to talk about some of the high-risk tenants that I have encountered. You have to be very careful here as these could be protected classes and I am not saying to rent to anyone on this list. I am simply pointing out that these could be a higher than average risk for you as a property owner. Please do not discriminate against a protected class.

Young Tenants That Have Never Lived Out of Home or With a Partner

You will normally see this with younger people. Often times they have recently left home and need roommates to help cover some of their costs. This is exactly what I did. The biggest problem here is that people that have never lived together soon learn that they can’t.

You know what I am talking about; one is a slob, one stays up partying too late, one does not cover their portion of the bills, and this list can go on and on. Trust me if they don’t get along and one moves out you will soon find yourself with a vacancy and possibly one that is returned in less than desirable condition.

Tenants Who Are Divorcing

Again be careful here as this is a protected class. As we know many marriages end in divorce and often times it is not pretty. If a divorce is going to happen it may happen sooner than later so a recent marriage can be risky but the biggest issue here is a recent divorce. One of two things could happen with a divorce and one of the two moves into your house or apartment.

They don’t get along and the ex-spouse comes over causing problems after they have had a few drinks. The next thing you know the neighbor is calling saying the cops are at your house again.

Or even worse, they decide to get back together. I know I’m so harsh. When they get back together what do you think is going to happen? That’s right, you have another vacancy.

Tenants Who Work Part-Time or are Self-Employed

I hate to say this since I am self-employed but the fact is most small businesses go out of business. If you are reading this you don’t fall in that category. Have you ever rented a contractor or handyman?

I have several times with less than desirable luck. Most small business owners are great at what they do but aren’t so great at running a business. They don’t understand how to generate business and how to keep the income coming in. They get busy doing what they do and when it is done they don’t have anything to do. Make sense?

If they do run their own business be sure to ask them questions about how they generate leads and how they keep their cash flow positive. Also, ask for a business card to help verify that they are really not self-unemployed.

Tenants Who Lost Their Job or Are Changing Jobs

This is especially true if there has been more than once in the last 24 months. This is an indication of instability meaning unstable in your rent also.

Often times they will not disclose many jobs or resident changes on the application which is why calling the last two landlords and asking how long they have lived there is important. Also, many times recent addresses will show up on the credit report so you can use that to verify missing information.

Tenants Who Have Annoying Dogs or Cats

These tenants are the worst; they have loud pets that bark all day and all night. I was renting to a certain tenant who left their small dog while they go to work from 9am to 5pm.

The dog will bark from 9pm to 5pm it will bark because it was along, it will bark at other residents who pass by, it will also bark at people who it saw pass by in the window. When the tenant came home from work the dog will continue to bark. I got so many complaints from the neighbors.

The Tenants Who Think They’re in a Rock and Roll Concert

I want my tenants to enjoy the apartment they rent but sometimes I get people who play music so loud they must think they’re in a rock and roll concert, they play music so loud they make the entire building vibrate. I find this disrespectful and ignorant.

The Filthy Tenant Who Infests the Building With Cockroaches and Rats

These are the most disliked tenants; these types of tenants could infest the entire apartment building with cockroaches and rodents. The tenants will usually not pick up after themselves and leave garbage all around the apartment and garages and therefore attracting mice.

Please use this information for what it is worth. It is not a reason to deny a prospect but is a good way to raise red flags and to be extra careful with the screening process.   Good luck!

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8 Ways Your Landlord is Planning to Screw You – Local Records Office

Local Records Office, NORWALK, CA – Like many people in the U.S. you might be renting a house or an apartment, either way, you will be dealing with a landlord and if you’ve been renting for awhile you know it’s not always easy dealing with landlords.

It’s probably safe to say that living in a home that’s owned by someone else can cause major stress and insecurities — especially if you don’t see eye-to-eye on building matters. For instance, just recently we’ve heard some pretty terrible apartment stories, and a few involved some not-so-great building owners.

READ MORE: Local Records Office Works With New Homeowners in Olympia WA to Generate Property Reports

And although we’re supposed to be able to rely on them for quick fixes around the apartment, dealing with noisy neighbors and general household concerns, it sometimes seems like they really just don’t care about our quality of living. And we know there are some important things your landlord won’t tell you just because, well, they may not want us to be in-the-know.

Local Records Office has rounded up some of the things your landlord is keeping from you.

  1. As soon as you get comfortable I will boost up your rent.

Thank the soft economy for this one. If you live in an area without rent control, there’s nothing stopping your landlord from increasing the rent by the hundreds — even if you have paid on time and the building hasn’t had any home improvement.

  1. I’m going to take my time on repairing your apartment.

A lot of the time we call upon our landlords to fix broken utilities around the house. But the truth is, most have no clue how to stop a leak…or have any intention to fix that stopped drain.

  1. I don’t like how your friends and family are always here. This is not a hotel!

While you may think it’s great that you’re helping out by letting a friend crash on your couch after a bad break-up, your landlord is probably upset he or she isn’t paying rent.

  1. Your security deposit is going to stay with me.

No matter what they say, there’s a good chance you are never going to see that money again.

READ MORE: The Top 5 Worst Things About Moving

  1. Your crappy neighbors aren’t my problem.

If another tenant is rude, loud or disrespectful, your landlord might act like they are concerned… but won’t do anything about it as long as they pay their rent.

  1. I let myself in while you’re at work.

You may not think anything of the fact that they let themselves in to make repairs while you’re at work. But, they’ve likely surveyed your belongings (or worse) in the process.

  1. The person who rented before you paid way less.

It’s really up to you to negotiate your lease. The landlord wants to make the most profit from their property and will not volunteer a discount.

  1. We knew about the roaches and mice problem.

Yes, I know about the rotten problems but most likely I won’t do anything about it. Also, once you see a mouse, the blame is on you and the food you leave out.