Treaspassers Will Be Violated

As I approached the front door I knew something was not quite right. I could just sense it. I knocked. Not a sound could be heard. I made the decision to enter the home since the tenant had not paid rent and it would appear that he had moved. No big deal I have done this many times before. It was then I noticed the hand written sign beside the door, "Trespassers will be Violated." I laughed. Did he mean to say it that way?

I put the key in the deadbolt lock, gently turned the key and began to open the door. BOOM! The entire steel door fell backwards flat on the floor. Now ordinarily, these kinds of things don't bother me much. But I was so caught off guard by this that I screamed like a little girl. Then I laughed. Laughed a lot. Ok, it's just a door. But as always, I was in a hurry and now I have to deal with this broken door not to mention the mess inside. The tenant busted out the entire door jam and left. Looks like another $300 because someone just didn't care.

Although I can never explain why some people live the way they do, like in this case, but I suppose it does give guys like me employment. Another day, another mess to clean up.

Tenants Getting Screwed

Hard to believe that I, as a landlord, think that tenants are getting screwed. Usually a landlord gets a bad rap as the "slumlord" for not taking care of a property when in fact the tenants have destroyed the home. Like the lady who was complaining of mold in her home when in fact she never reported the toilet leaking and also never and I mean never, cleaned the bathroom in over a year. What does one expect?

But this time, in this one event, tenants are getting the shaft. Investors that thought real estate was the best get quick scheme out there, many flocked to the market buying homes and then renting the properties to make huge profits. Then the unthinkable has happened. The market went down.

So many so called "investors" got stuck with poor investments from their own bad choices and thus here comes the bad guys taking the homes back; those nasty lenders. Since the would-be-investors couldn't make the payments, the tenants get screwed finding out they have to move out with virtually no notice. Shame on them.

It is one thing when notice is given to a tenant to move, but when a foreclosure happens the tenants could be out on the street even though they had paid their payments on time. In this ever changing environment, it is becoming possible for tenants wanting information about the landlord/owner and their financial position. It has always been assumed that the landlord owned the home and as long as the tenants took care of the property and paid the rent on time all was fine. But with this new breed of investors out there, tenants need to be cautious who they rent from or they possibly could be out on the street with no fault of their own.