23/08/2021
'Bill, I can't pay my rent' 💷🍺🍻🥴😒
Unbelievable 🤯😱😢 picture 📸 of one of my properties😭. This was reported to the council's Adult Services immediately, as clearly this tenant sadly had some issues.
I'm sharing this picture to demonstrate that property investing is not all sitting on a beach🏖️ watching your rent💷 drop⬇️ into your account.
Although at the time of writing this I am in Sicily 🇮🇹😉... I will save remote 💻 🏖️working for another post.
Not only did I have to deal with the room's condition🏚️ but the welfare of the tenant 😔, the other tenants within the HMO (House of Multiple Occupation), the huge 🥺arrears 💸 and the eviction.
This is the part of being a that they don't teach you on the get rich quick courses 🤔.
This is one of many challenges we have faced over the years whilst building up our property portfolio. 🏘️ It's how you react and adapt to situations that are thrown at you unexpectedly. Most landlords understandably would want to evict tenants like this straight away, however, we called the councils Adult Services who really tried to help the tenant by visiting and advising them. Unfortunately, the tenant didn't take up the help that was on offer (re-housing and help with addiction) there is only so much you can do but I feel proud that we did everything we could to help a tenant in need💜.
I believe karma will pay back 10x over
Peace ☮️✌🏽 and Love 💚