BiggerPockets Real Estate Podcast

Landlords, What Are Your Wildest Tenant Stories?

Nov 20, 2024

Dive into the wild world of landlords as they share jaw-dropping tenant stories! From living room toilets to identity theft, these anecdotes will leave you questioning reality. Not all tenants are nightmares; some transform their lives with a little support. Discover why it's crucial to vet tenants and hear about unconventional ways to build rapport, like taking shots with them. With humor and hard lessons, this journey highlights the unpredictable side of property management and the potential for personal connection.

41:12

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Quick takeaways

A landlord's experience with identity theft emphasizes the critical importance of thorough tenant screening to avoid potential legal and financial troubles.

Reconnecting with a former tenant years after a dispute illustrates how time can foster healing and reconciliation between landlords and tenants.

Deep dives

Unexpected Tenant Intrusion

A landlord shares an alarming incident that occurred during his house hacking experience. One morning, he woke up to the sound of someone flushing the toilet, only to discover a stranger sleeping on his couch. The tenant, who lived in the basement, had brought a heavily intoxicated friend into the property, leading to an unexpected and uncomfortable situation. After realizing the intruder's presence, the landlord opted to involve the police rather than physically confront her, resulting in her removal without any harm.

Intro

4min

Landlord Chronicles: Tales of Tenants and Trouble

8min

Investing Insights and Tenant Tales

6min

Tenant Tales: Humor and Hard Lessons

7min

Tenant Tales: Lessons from the Trenches

10min

Empathy in Housing: A Tenant's Journey

7min

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!

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