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bozman

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  1. This happened to me too last year. The tenant even managed to get a crisis loan to buy the growing equipment and made the national newspapers when convicted ! I wasn't able to claim on my insurance and had to chalk it down to experience. I now focus on prevention rather than cure. Although this type of activity is common amongst Chineese and Vietnameese gangs there are a lot of British tenants doing this too - my tenant was British. Since then I 've caught another 2 tenants before they caused any damage. I consider myself a bit of an expert on this now and have written a couple of articles about it. These people are well organised and efficient and will usually pass most referencing checks. As tempting as it is to take the cash flow be wary of anyone who wants to pay up front for several months. My tenant also took an unusually keen interest in the electricity supply when he viewed the property, which I later discovered was for the purposes of bypassing the meter. When you have chosen a tenant the key is to make sure someone is monitoring the property for the first month or so of the tenancy. This can be a simple as a driveby every few days looking for tell tale signs such as the curtains/blinds being closed all day, and lights always being on during the day, checking for any unusual smells coming from the property. If anything arouses suspicion give 24 hours notice of your inention to inspect the property. If they're doing anything dodgy they'll probably be gone by the time you arrive.
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