Quote:
Originally Posted by kane
A friend of mine and his wife bought an investment property and rented it out. For the first 5 years it went great because they had back to back great tenants that ended up staying for a while and treated the house nicely. Then they got a tenant who broke the rules and moved a bunch of people in with them, caused a lot of damage, had to be evicted then fought it. It ended up being about a 6 month process to get rid of them then they had to spend another several thousand getting the damage repaired.
They then sold the house and got out of the rental business.
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Yeah, we had 2 houses with 20 flats - the stories I could tell...
My favorite was the guy who slept in a coffin and put burning candles in a 100 year old wooden staircase.
And the German laws favor the renters a lot, as long as the rent is paid it's almost impossible to throw someone out.