Here's my first experience picking a tenant when I first began investing in real estate. I didn't do my research and I definitely paid for it later on...this is that story. Enjoy! Feel free to add me on Snapchat / Instagram: GPStephan
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Just to be an advocate for people who are a little alternative here, when you meet someone who likes guns and tattoos and what not and they are really clear and open about it, thise are the people who will absolutely take care of your property. They may have a different lifestyle, but if they are open and honest about that lifestyle with you, its very likely theyll be great tenets. The problem with this guy isnt his lifestyle necessarily, its the lying and shadyness of him.
This has to be the worst tenant that ever existed! Thanks for the juicy story!
Watched to the very end.
Started from the beginning, watched to the very end. Horror stories like this kept me from ever being a so called "Landlord" I have very little trust in people. What I do is rent a room out in my house. I live in the house and can see everything going on. So far only had one bad experience, she put her head in the wall. She left a few days after then her and her BF robbed my place. Luckily I had insurance that covered all my loses.
I would’ve said oh yea use me and a recommendation, give them my number and I’ll talk to them and as soon as the new landlord called me I would’ve told him everything
This was definitely interesting. Watched the entire video at 5am… But i taught me alot about your line of work.
I mean, dude might have had skills growing weed, in todays world that is cash money slippin away could have setup a growery and sell to dispensaries that would have netted more money then the house was worth
YOUR TENANT WAS ON METH MY FRIEND!
It may have been bad but it was good that it happened with your first tenant so after that happened at the very start you were already learned on that type of situation happening and how to avoid such happenings again
Definitely ran to the end of the video. I went through a similar nightmare back in 1976. Never happened to me again though.
Watched until the end. I’m really surprised you didn’t sue the couple for damages.
Why in the world did this guy not report any of this to the police.? If you report the garage is being used as a grow house the cops will read it and arrest him and that’s the end of the tenant
I know a lawyer who represents landlords and landlord tenant disputes and I referred him people over the years and as the tenancy almost always turns them down and send them on to a person who does work for tenets. However one time I sent this guy to him and the guy told this lawyer his story and the lawyer says I don’t do tenant work, but just for kicks who is your landlord? And the tenant says Mr. Smith is my landlord. And the lawyer says, “well you are the one tenant I’m going to represent, because Mr. Smith is a landlord who owes me money and he’s trying to cheat me out of money he owes me so I’d be happy to take your case and how long would you like to stay in the property? The guy says two or three months would be great. The lawyer says I’ll tell you what I’ll get your four months and then I’ll get you paid for leaving. Sure enough four months later the landlord paid the guy $15,000 to move out and he paid his overdue lawyer bill. When I asked the guy how long he could’ve kept the tenant in he said probably 14 or 15 months because the guy was also going to declare bankruptcy so that makes it even longer if a tenant is willing to do that. He told me he never would do that except in the situation where somebody owed him money and was trying to cheat him in which case all bets are off which seem fair and reasonable to me. He said when he has a case against either a good lawyer for the tenant or an unscrupulous lawyer for the tenant he always tells his client the quickest and best way is to pay them to move because otherwise your pay lawyer bills for months and The process especially in California….. is horrible and can amount to tens of thousands of dollars by the time you’re done. Not to mention that tenants nowadays will literally cut open the walls and take all the copper pipes out and take all of the electrical wire out and they sell the copper. So even take all the toilets and all the appliances and everything so it looks like a crack house by the time you get in there. This is why you have to have a contract designed by a lawyer which favors you as the landlord in cases where the tenant doesn’t pay rent and also you have to check references and credit reports. You would be amazed how many times guys will come to rent a property and they will offer three or four months in cash and landlords will sign them up without checking out anything.
You are insane….watch pacific heights…..all cash and we need to get in today….is stupid…..or…let them pay 12 mos cash up front
so he gets to trash the place and break everything without getting in trouble??????????????????????????????
i'm sure you don't want to pursue it further, and it's unlikely you'd get anything out of the extra work, but you can always sue in civil court for the damages. you could take it to small claims if you don't want to involve a lawyer.
And this is why I just put money in stocks. yeshhhh
Watched it till the end
Watched to the very end, sorry to hear that happened. Glad you found the positive side of things 🙂
Meth is a hell of a drug.
Thank you! Watched it to the end
Thanks for giving us an education for less than $15K. Wow glad you are alive.
Dude, you should have said yes to his girlfriend about being a reference. Save another landlord the trouble.
Being a landlord isnt a job
I did in fact listen all the way through. Are you still responding
I watched to the very end!!
Not trying to offend, but you must have been really green to not see all those red flags in the beginning.
Watched to the end, good story
That would never have happened in Texas. My family had a tenant threaten him in a similar way and he isn’t around anymore. Criminal tenants forget that Castle Doctrine laws work in interesting ways both ways when it comes to renting property.
“Never. Trust. A drug addict.”
-Gustavo Fring
I cant believe that guy is probably still out and about.
edit: watched till the end. The story was told very well!
Gahdamn