But it looks like you didn't put any money into your property at all, and to keep raising rent and not make it better.

Honestly the property looks like the eye sore of the block. There’s no way the exterior should look like that! I can just feel the neighbors pain. Looks condemned

@MpoweredbyMe

10 ай бұрын

I was thinking the same thing...like ugh. One of these things is not like the other...😮

@krishaskins

10 ай бұрын

Well I guess ur right. I could’ve done a better job w the exterior. Let’s see how this thing turns out w the new tenant

@jasintamoore3372

10 ай бұрын

I would have moved out before the rent increase 😮

@larobey7961

10 ай бұрын

It does. Wow

@user-pf9hl5qs3q

12 күн бұрын

So what was the price of this house because I have a feeling that it wasn't in great shape in the beginning

Not too bad honestly...you been collecting rent for 8 years ..its not beat up too bad GREAT INVESTMENT

@whoiskand

8 ай бұрын

He greedy He wanted the tenant to leave

@marcuslane3

8 ай бұрын

@@whoiskand he wants the tenant to be able to PAY & GET PAID...which he CANT...so its best for them to GO & GET A MONTHLY PAYING CUSTOMER...wheres the greed in that

A 25% increase in rent is tough without a carrot. Especially for that dump.

@krishaskins

8 ай бұрын

I don’t know if we went up 25% but it was enough for them to leave. I prob should left it alone for now, but I learned in this one

looking strong after surgery

@krishaskins

10 ай бұрын

Man, you know I'm doing my best. Two back surgeries will really slow you down. It's still a journey and doing yoga every day helps. This is going to be a lifelong battle for me. I appreciate you checking on your boy..

I just went through this in one of my properties. When I told the tenant I was coming to inspect. On the day of inspection she bounce left everything in there. Clothes furniture you name it. She literally trashed my place. And turned one of my bedrooms into a porter potty for her dog. Unbelievable

He bought in 2014...its 2023 now hes making $$ over & over..value continues up & he gets ROI...not ideally how you wanna do it but its business

U should be doing some remodeling, asking for more and more money and no upgrades! No wonder he/she bounced.

@krishaskins

10 ай бұрын

yes, it's just part of the biz, we keep it moving.

@lynnbestill1712

10 ай бұрын

If u wanna keep a tenet happy, all of the houses has nice curb appeal. iThat’s why it look like it look u just want the money. Take some pride in your house that you own, you make money off of. I’m just saying, u gonna always stay below market value rent if you don’t improve it. I’m just saying from a renter point of view, and I don’t even rent!!

@williammoralesiii2527

7 ай бұрын

​@krishaskins wow classy response. Sound like a slumlord kiddo

Sorry to hear this, Kris ... We actually are in the EXACT same situation ... Inherited a tenant on a house we bought about a month ago ... As soon as we bought the house, they immediately stopped paying rent ... We "posted" the property and the eviction process has started ... They are supposed to be out of the house before the end of the month, but we'll see how it goes ... Thanks for this video, brother!

I don't call for rent either. The Sheriff knocking on the door let's them know "It's Real"

@krishaskins

10 ай бұрын

Basically, yes at that time it’s over. I’ve wasted much time calling and chasing people down for rent when I was younger

@GotDeals410

10 ай бұрын

@krishaskins Mr. Haskins, I let people know, I'm not hoping to get rent, I'm expecting to get rent. You have to foster that MINDSET because professional tenants know the game sometimes better than the Landlords. Alot of them Target "Private Landlords". Your content is the absolute truth and inspiring me to take mine a little more seriously. Thx

I’ve learned so much from your channel and I greatly appreciate your content! However, the property seems to be a bit run down. Why go up on the rent? Did you just want this particular tenant out the house? I’m just trying to understand the logic. To keep going up on the rent if the tenant has been there so long and paying consistently?

@krishaskins

24 күн бұрын

Well, I tried to figure out a way to make this one of our QOTD questions. But it's tricky. The current rent is only $900. And the tenant wasn't really taking care of the property. They weren't bad, just had a lot of debris and cars around. So, once they left, we rented it for $1400 instantly. It wasn't a big deal and we did no repairs because we do rent to own. I hope this helps..👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48

@TooBlessedBabyDoll

24 күн бұрын

@@krishaskins Okay. Will do. Thanks!

Looks like you'll have to put thousands of dollars into fixing up the property. Your asbestos siding should be encapsulated with vinyl siding since it looks like it's in poor condition. I'm sorry to hear your tenant moved out without letting you know. I wish my tenant would just get up and leave. Cannot wait to get her out.

@krishaskins

10 ай бұрын

I'm not worried, i'll just rent it as is and collect rent in it's current condition. It's really no big deal..

@ttoo6463

9 ай бұрын

@@krishaskinshow can you rent it in the current condition. VA must be landlord friendly

You said you don’t allow dogs. But this guy was allowed to raise pit bulls?

@krishaskins

9 ай бұрын

Yes, he slipped through, I inherited him when I bought it. Just the way it goes.

Hey Kris 😁👋

Are you even allowed to raise the rent by that much? Isn't it 5% increase?

The camera guy is a wise individual

@krishaskins

10 ай бұрын

Yes, my daughter is a beast, I pray she's sucking all this stuff up for later in life!!?

@jasintamoore3372

10 ай бұрын

@@krishaskins I think she is absorbing everything you’re teaching her.

I just posted a 5 days notice to my tenant to either pat or quit. She's two and a half months behind on the rent. Every time rent was due, she either ignored and gave me a long out explanation as to why she hadn't paid rent. These stories were so fake, it was unbelievable. Stupid me kept on giving her more time to pay the rent. On top of it, I was getting calls from the HOA about her breaking the rules. Finally, I hired a company to post the 5 days notice. Of course, she didn't pay the rent or follow through with any previous payment plans. I filed for eviction and just waiting on the court order.

@krishaskins

10 ай бұрын

OK, this is a great learning lesson. what did we learn here? we often have empathy in our hearts. I highly recommend NO TALKING when it comes to rent. I did a video exactly for you to help with this, here's my 20 mistakes in rentals and one of them is NOT filing paperwork on time to get people out IN time. Take notes here: kzread.info/dash/bejne/X3qMlcGwZqavoJM.html

@genew5758

9 ай бұрын

I loved that video when i saw it quite some time ago. I don't regret giving her more time. I just cannot do it any longer. Even gave her the chance to get out of the lease for free. I don't want to hurt her credit by filing an eviction. My lawyer asked me if i wanted to file a law suit for the back rent. I told him I didn't because I would most likely never get it and I just wanted her to leave.

👍

Thats true you cant find nothing like that

That’s awful how messy they left the place.

is this property still rent to own because i am interested

Dude you're a slum lord. He should have moved out.

@antoinetteantoinette7414

10 ай бұрын

Yes, it was surprising that a tenant had to live in those conditions…did you see the mold all over the bathroom ceiling!

@SMincy25

10 ай бұрын

That place needed a renovation long time a go.

@krishaskins

9 ай бұрын

We're just the bank, banks don't really concern themselves w/ the property as much as landlords

@krishaskins

9 ай бұрын

you're right about that, I needed to do something

❤

*You greedy thats why you can't handle renters* Why would you raise rent on a old house with no restoration done. You haven't supplied any Appliances done any repairs and already the tenants had to provide their own air conditioning

@krishaskins

8 ай бұрын

U might be right about that, I prob should’ve just left it as it was and kept it moving. I had a lesson on that one. Happy thanksgiving

@whoiskand

8 ай бұрын

It's important for us to *Learn the right Lessons* from our experiences They will profit you in all your endeavors Greed driven motives invoke proverty driven results in the end. All business transactions should benefitt ALL WHO ARE INVOLVED I would have given the renter the option to BUY THE house at a small incremental increased rent to include the down payment. Place a legal responsibility on the tenant buyer to bring the house up to code as a barter for increased rent Otherwise for you to pay for upgrades you have to increase rent