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Updated about 7 years ago, 09/21/2017
They said become a property investor it will be fun. *SOMETIMES*
Bought this property a few months back. Got it at a good price in a B area, Parma OH and put some additional capital to fix it up. Just general updating and making it more homey. (I still ask myself why though, tenants just trash your property, they don't care they move onto the next and repeat, that's their BRRR method, BREAK, RENT, REMOVE, REPEAT)
These tenants lived in the home for two months, then they decided to get a divorce. NOT my problem but I felt the effects, they didn't pay me rent. They just stalled to save up for the next deposit and moved out in the middle of the night leaving me with trash, furniture and repairs. Deposit won't cover it all. I've filed for eviction but took back the property, boarded up the broker windows, changed the locks and started cleaning out and getting ready for turn over. I bet the next landlord won't even check their rental history.
This is just a picture of all their stuff I cleared out after they left me in the house. Find it funnier that behind the garage they had a whole bunch of older windows that had been taken out from some unknown property and stored at my property? The guy was a GC/Handyman.
Point of all this? Well investing ain't all fabulous times of sipping drinks on a beach front while your tenants pay you rent. It's sometimes a war out here in Cleveland, OH. I find it amazing when BP members say I'll just self manage it from afar.