We’ve written about this before, but many people don’t believe it will happen to them. Well, we’ve put together some photographic evidence of what can happen to a new home, after tenants have had their way with it.
Example 1: These floors are only 6 months old:
The tenants in this home not only destroyed the hardwood, but they also ruined the carpet, the kitchen cabinets, the lino, broke the screen door and wrecked the paint job. All in 6 months! Estimated damge – $8,000-$10,000!
Example 2: Last September, this home sold on the MLS, it was in picture perfect condition. Now it looks like this:
It’s hard to see, but there are actually three shopping carts in the front yard with garbage in them. Note the strange colouring on the garage door – I don’t know what it is or how it got there but it looks a bit like rust. The grass is not just weed-ridden, it’s dead. There are sheets stapled up in the windows. I can only imagine what it looks like inside.
Don’t get me wrong….there are properties that are meant for tenants, and there are also good tenants out there who won’t destroy your property. But 99% of tenants won’t take nearly as good care of your home as they would their own. The point I’m trying to make, to all those people in Edmonton who own brand new homes that they intended to flip and now stand to lose money, don’t rent out a brand new home! You will end up losing more money since you’re going to have to replace and repair half the things you just paid to have brand new!
