Landlords, What Are Your Wildest Tenant Stories?

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 20 November 2024

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Every landlord has some wild tenant stories. We’re sharing the ones you probably won’t believe in this episode. And we’re not just talking about a bad eviction or an upstairs neighbor blasting loud music. Instead, we’re talking about identity theft, living room toilets (this actually happened), random people sleeping on YOUR couch, and the mystery of the magically appearing staircase. Being a landlord isn’t always easy, but some stories make real estate investing truly worth it. We’ve seen some of our tenants turn their lives around completely, all by having a safe place to live. Even with all the chaos, broken toilets, non-paying tenants, and occasional hard conversations, being a landlord can be pretty rewarding. Do you have a tenant story you want to share? Drop it in the BiggerPockets Forums! In This Episode We Cover: Why you MUST have a (secured) separate entrance when house hacking The reason Henry now double-checks the identity of his tenants before signing a lease with them Turning bad tenants into good friends by taking shots with them What to do when your tenants turn your living room into a bathroom (this one was pretty bad) Why taking a chance on a tenant isn’t always a bad thing and how being a great landlord can turn people’s lives around And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Landlord the Right Way with “The Book on Managing Rental Properties” Property Manager Finder 12 Tenant Nightmare Stories I Swear Are Actually True Connect with Henry Connect with Dave (00:00) Who's In My House?! (05:20) My Tenant Isn't Really My Tenant... (12:04) Taking Shots with My Tenant (16:39) They Did WHAT in the Living Room? (25:53) The Tenants Everyone Wants (29:35) Tenant Turning His Life Around Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1046 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Real estate is a people business, but people being people, they're going to do some crazy
0:05.2	things in your properties.
0:11.7	Hey, everyone, it's Dave, and I'm back here with Henry Washington.
0:15.8	Henry, today we're going to talk about tenants.
0:18.3	So my first story is, I don't even know why I'm telling this story because I'm basically
0:23.0	just going to give everyone who thinks that house hacking is a bad idea because you have to
0:28.0	share a wall with your tenant.
0:29.2	I'm going to make all their worst dreams.
0:30.9	Could their worst nightmares come true, I think?
0:33.6	I don't know.
0:34.6	So I was house hacking.
0:37.1	This is like five years into my investing career.
0:39.6	It was like this little one bedroom, like 600 square foot.
0:44.1	It was a nice apartment, though, in a cut up old house.
0:46.6	There was a main unit and then a basement unit.
0:49.7	And I was just sleeping one morning and woke up in my apartment and just heard some noise.
0:56.5	Like it sounded like someone was in my apartment.
0:58.7	And I'm pretty casual about these things.
1:01.0	So I was just like, yeah, whatever.
1:02.2	I was tired.
1:02.9	I just like rolled over.
1:03.9	And I was like, okay, whatever.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.