Worst case of tenant destruction

Discussion in 'Property Management' started by TMNT, 13th Jun, 2017.

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  1. TMNT

    TMNT Well-Known Member

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  2. Bayview

    Bayview Well-Known Member

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    I've had two -

    1. Young couple in our Frankston Unit, took in a druggie mate without telling anyone, did a runner during the night owing rent, left loads of trash around the place and broke the opposite neighbor's guttering when they left (had a removal truck - clipped the roof)

    Got their bond, but only covered the repairs to neighbor's roof, never recovered the rent arrears and had to spend time and money on clean-up of Unit.

    2. Brand new townhouse in Mentone; rented by middle-aged single Mum with 2 teenage boys; left lease early, many marks on walls and she was a high-heel wearer; left lots of heel dents in polished floor boards.

    Kept the bond, but the cost to repair/repolish floors would have been far more than bond.
     
  3. D.T.

    D.T. Specialist Property Manager Business Member

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    Always interesting how most of these news articles are with self managers
     
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  4. Perky29

    Perky29 Well-Known Member

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    From what I have noticed with Insurance policies, it's better if the tenants do a runner.
    First of all you will use up the 4 weeks bond.

    Then the Insurer will pay for Malicious damage.
    But they will only pay for lost rent if the tenants did a runner or were in rent arrears.
    If you evicted them, and there is malicious damage, the Insurer won't pay for lost rent for the time it takes to fix the malicious damage.
     
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  5. wylie

    wylie Moderator Staff Member

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    There seem to be many reports just here in this small IP owning community about managers that haven't done the right thing.

    If wonder if the article has an agenda or maybe it is the self-managers who may not have insurance and are left with damage that isn't covered by the insurer. I know that is a big generalisation. But I do wonder.
     
  6. D.T.

    D.T. Specialist Property Manager Business Member

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    EBM does
     
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  7. TMNT

    TMNT Well-Known Member

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    Bay view. That new hair suits you:)
     
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  8. Savy mum

    Savy mum Well-Known Member

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    I guess the money that he 'saved' by self managing will now be going towards the clean up bill.

    Some people are just scum. How can they do this to someone elses property.
     
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  9. wylie

    wylie Moderator Staff Member

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    I agree with your second sentence, but as a self-manager, I would just question whether any house has been trashed whilst under the management of a property manager. I'd say that would be "yes".

    I agree some self-managers don't know what they are doing, but also would suggest some PMs (who should know what they are doing) either don't care enough, or simply just don't manage properly, and this can happen to anyone.
     
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  10. Tranquilo

    Tranquilo Well-Known Member

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    Mine was Pm and still carpets destroyed, curtains torn down. I had a leak in the bathroom upstairs and tenants didn't report. It took until a routine inspection to find it. It was dripping through the kitchen ceiling from the upstairs bathroom on to the kitchen floor.
     
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  11. EN710

    EN710 Well-Known Member

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    Mine wasn't too bad - in one carpet were reek of pee smell and property full of items.

    The latest one with rental arrears, 11 holes on wall and door, dislodged kitchen cabinets and big holes on garage fibrous wall. Still fixing it and paying it :confused:
     
  12. Sackie

    Sackie Well-Known Member

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    In all my years I've never had a tenant trash a place, tbh I'm well over due for a trashing to join the stats :D. I am though extremely careful to whom I rent to. The pm does their checks and then I get names and details. Then I decide based on my own stereotyping etc etc. I am the most non PC person ever when it comes to my business. I don't give a rats. Usually Asians/Greeks/UK will always get my preference first.
     
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  13. EN710

    EN710 Well-Known Member

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    I shall give you my previous tenants :p

    Sometime even good tenants can become bad
     
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  14. Sackie

    Sackie Well-Known Member

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    Agree there's no guarantee unfortunately...
     
  15. brettc

    brettc Well-Known Member

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    I won't try to speak for all policies but loss of rent during repairs of Malicious or Accidental Damage (when being paid as a claim) are covered for up to 52 weeks under the RentCover policies. Whether it was a broken lease or rent arrears is irrelevant in this situation.
     
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  16. Perthguy

    Perthguy Well-Known Member

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    My mate has in IP in Perth managed by a very reputable agency. For more than a year he has had problems with tenant arrears. The PM finally moved to evict but stuffed up the process, leaving an angry tenant in place damaging the property while the PM got their act together and finally had the tenant evicted. He is out of pocket because his insurance won't cover all of the malicious damage. Lucky he had a professional manage the property eh?

    I have self managed for over 10 years, in 2 states, and have never had anything like this happen to me. The issue is not whether the property is "professionally" managed or self managed. It is down to tenant selection and what the manager does when things go wrong.
     
  17. Tranquilo

    Tranquilo Well-Known Member

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    @brettc I have rent cover platinum could I have claimed anything here?
     
  18. Ted Varrick

    Ted Varrick Well-Known Member

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    How is it possible any of these rogue tenants can rent a new place without the new landlord/PM checking a blacklist?

    This assumes that their story isn't that they have been living at their Aunty's place for the past five years but it was compulsorily acquired for a freeway to be built...
     
  19. DaveM

    DaveM Well-Known Member

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    Self managing and tenants from gumtree etc, what could possibly go wrong?

    Nothing wrong with self managing, but as per others, tenant selection was the obvious issue. You cannot rely on the tenants self representations, always back it up with a tica check and verifiable references. The worst of the worst inhabit the likes of gumtree as they simply wont pass scrutiny and rely on the often poor due diligence and charming of self managers
     
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  20. dabbler

    dabbler Well-Known Member

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    Some people profit from these types, they buy sub standard places & charge high rents with no lease etc, when or if payment etc stops, it is an old fashion eviction, carried out swiftly.
     

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