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Trashed Rental Property With bed Bugs! How to Stop Tenants from doing this Again!

I have had some of my rental properties trashed in the past. It is never fun, but if you have enough rentals and stay in the game for a long time it will happen. There are things you can do to help prevent the tenants from trashing a rental but nothing is guaranteed. Sometimes people run into bad situations or get caught up with the wrong people and no matter how much screening you do they will destroy a place.

The property in this video is not mine but a friend of a friend's. They were kind enough to let me film eh property and talk about a few things they could have done differently to possibly prevent the issues they had with the property.

First, this property is not completely trashed. I have had tenants who did much more damage to some of my properties and you can see those videos below:

https://www.youtube.com/watch?v=mPGqtfBeUqY

https://www.youtube.com/watch?v=R7jluV5_w_k

I always account for bad things happening at my properties so it is not the end of the world when these things happen. I account for some properties to have tenants who won't pay and I account for maintenance and damages that will occur over time as well. My cash flow calculator can help you decide just how much to account for those things. https://investfourmore.com/calculators/rental-property-cash-flow/

This house also had bed bugs at one point and may still have them. I was careful not to touch anything! I also have had issues with bedbugs in my rentals and you can see those stories below.

https://www.youtube.com/watch?v=X_WlockbydI

The landlord could have been much better at choosing tenants in this situation and when things went bad at getting those tenants out asap, even if it means paying them!

Let me know what you think of the house and the situation!
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Mark Ferguson’s purpose is to help as many people as he can become financially free through real estate.
Mark has been a real estate investor and real estate agent since 2001, after graduating from the University of Colorado. Mark has flipped close to 200 houses and routinely flips 15 to 25 houses a year. Mark owns 170,000 square feet of rentals and is the managing broker and owner of Blue Steel Real Estate. Mark has also written 9 books that you can find on Amazon https://amzn.to/2VGI6a9
Mark started InvestFourMore in March of 2013 to discuss his rental property investing techniques. Mark expanded InvestFourMore to talk about his flipping business and real estate agent business. InvestFourMore now has 300,000 views a month and is one of the top real estate blogs.
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Видео Trashed Rental Property With bed Bugs! How to Stop Tenants from doing this Again! канала Mark Ferguson - InvestFourMore
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16 марта 2021 г. 1:52:10
00:12:04
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