Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 2 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

34
Posts
5
Votes
Gregory Montalto
  • Property Manager
  • Richmond, VA
5
Votes |
34
Posts

Ever had a rental raided by SWAT or the FBI?

Gregory Montalto
  • Property Manager
  • Richmond, VA
Posted Mar 12 2014, 17:33

A contractor friend was over today and told me this crazy story about a property he owned a few years ago. He was your typical accidental landlord after not being able to sell his primary residence and moving to a new place. It was a decent 4 bedroom in a middle class neighborhood, rented for $1,000 a month to four guys in their late 20s. Contractor did not properly screen the tenants.

After two months of the moving in, he gets a phone call from their previous landlord, who apparently proactively tracked down his contact information down to inform him that the four guys were bad news. Noise complaints, late rents, uncleaned after moving out. One of the tenants moved out ("the best one"), and a new guy moved in who was "a little shady".

Long story short, the newest tenant was a drug dealer who was under surveillance by the police. He had been having pot shipped from the West Coast in PODs that were delivered to abandoned houses, and was using the POD to stash the weed and was dealing out of the rental property. The local police and ATF raid the house, busting in the front door and then using a sledge hammer to remove a safe that was bolted to the hardwood floor in the bedroom. Gaping 3 foot hole in the foot, completely smashed door and door frame. All the police left behind was the business card of the lead detective.

Contractor calls the detective, who informs him that the department doesn't cover property damage after raids. He was told he could go ahead and file a civil suit, but that it would be thrown out in court. In the end, his home owners insurance covered the majority of the damage. But it was a historic home with an antique front door and antique pine hardwoods, neither of which could be adequately replaced with the insurance money.

On the positive side (if you can call it that) he was able to begin the eviction process on the remaining tenants immediately. He wound up fixing up the house and selling it for a loss, never again to be a "landlord". Sad story.

Has anyone else had an experience with the authorities forcing their way into a rental and damaging the property?

Loading replies...