Sentences with phrase «many nightmare tenants»

You read endless horror stories about nightmare tenants and just how time consuming and expensive managing rental properties can be.

You read endless horror stories about nightmare tenants and just how time consuming and expensive managing rental properties can be.

to the final eviction of what can only be described as a «nightmare tenant», I felt completely reassured in Mr Walker's knowledge and capabilities.

These kinds of nightmare tenants do exist and you're best bet at avoiding them is to follow up with prior landlords, reach out to employer references, and follow a strict tenant screening process.

To avoid renting to nightmare tenants, read our Complete Guide to Tenant Screening.

Just like landlords fear renting to nightmare tenants, tenants are oftentimes worried about renting from a landlord who is tough to work with.

So you are left with barely positive cash flowing (or negative cash flowing) home in the worst neighborhoods with no protection from «professional tenants» or nightmare tenants who don't pay rent but you can not evict easily.

With a nightmare tenant headline, I was expecting them to have brought in roaches, already be 2 months behind, snuck in 3 dogs, damaging your property on purpose, changed the locks and threatening to sue for «mold».

When there are so many nightmare tenants, I count my blessings!

Not exact matches

Amid a perfect storm of investor - owned units, powerful condo boards and tenants who have limited powers to fight back, a democratic living ideal is rapidly turning into a dictatorial nightmare for condo - dwellers.

When I got started, most of the people I talked to about apartments immediately told me that owning multi-family buildings is a nightmare and that I would have difficulties with tenants at midnight when the plumbing sprang a leak.

The author, Catherine Jheon, recounted the «nightmare» renovation she and her husband undertook, sinking hundreds of thousands dollars into a «crack house» purchased almost on impulse, with seemingly little to no concern for the low - income tenants who were evicted in the process.

A good tenant will make your rental property a dream, while a bad tenant will make it a nightmare!

«Housing conditions at NYCHA remain a tenant's nightmare, with moldy units, holes in floors, and broken walls,» Stringer said in a statement.

This is actually partly due to the nightmare stories landlords have heard (or read about) dealing with tenant who will pay for the first month of rent, then refuse to pay rent for the rest of the time they are legally allowed to be in that apartment.

One of the biggest ways your passive income dream can become an active income nightmare is by dealing with bad tenants.

Tenant # 2 was a nightmare hoarder and it cost close to $ 9k after he moved out to get the place habitable again.

For those who live in urban apartment buildings, one of the most disturbing nightmares is to be unknowingly spied upon by a neighbor, be it through a small crack in the closet (think of Roman Polanski's The Tenant) or a hole in the ceiling.

Also if you have section 8 or other state funded tenants I have heard nightmares from other investors in New York where it took 3 months to get them out.

Some have had great success there, others have had nightmares with the kinds of tenants.

While the deal may look good on paper, it can turn into a nightmare with the wrong tenant, or wrong management team.

My first tenant was a nightmare too, I remember that.

If you have a great tenant, you may not need a PM, if you have horrible tenants and a horrible PM then it's just a bit of a nightmare situation all around.

Besides the regular tenant nightmare issues like tenants letting the pipes freeze due to services being disconnected for non-payment, property damages, ongoing calls about plumbing issues, and the list goes on and on and on... there are other reasons (when dealing with Section 8 tenants) that would not make it cost - effective to be an absentee landlord that doesn't bother with their tenants.

While there certainly are types of tenants that landlords must avoid, it is a myth that tenants are a landlord's worst nightmare.

I think Its a great deal if you and your family can occupy one of the units given were their location is maybe raise the rents so you have some passive income coming in because even if you don't mind paying a little into your investment, your tenants can make it a nightmare once damages, repairs, missed payments etc. or even to renovate for your next tenant so make sure it makes money that way all the hassle seams worth it.

There are some tenants who become a landlord's worst nightmare.

Getting rid of the occupant or tenant could be another nightmare.

I have been finding the best deals lately are primarily due to poorly maintained buildings, buildings with tenant issues, and being sold by utterly incompetent agents who make seeing the building and making an offer a nightmare.