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Updated over 2 years ago on . Most recent reply

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Kristy Borwegen
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1
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Neighbor's house has squatters

Kristy Borwegen
Posted

Hello!  New here... I recently purchased my house, and have noticed that it looks like squatters are living in my neighbors house.  I went on the county website but the only info for the potential owner is the property next door.  I can see that they have not paid their taxes, but Im stuck as to what else I can do to try to contact them.  Also, what is the usual time frame for properties to go to tax auction?  Thank you in advance for any help.

Most Popular Reply

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110
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66
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Wesley Sherow
  • Rental Property Investor
  • Upstate, NY
66
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110
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Wesley Sherow
  • Rental Property Investor
  • Upstate, NY
Replied
Quote from @Jaron Walling:

@Kristy Borwegen I'll throw my 2 cents into this conversation because distressed properties like this always catch my eye. Actually most savvy investors see them as opportunities. 

The problem(s) like @Wesley Sherow mentioned are the road blocks. Unless you create/ask/find a connection directly with the owner you'll be wasting you time. Only after that could determine there motivation to fix the squatter problem or sell the problem property to you. The goal is to solve this problem and pay for it! Only happens if the owner knows you're interested. Bridging the gap is hard. Sometimes property owners are clueless, OOS, don't respond to letters, don't use FB, or simply unmotivated to sell. That's the challenge with off market deals. 

I've had success buying off market properties. We spend zero dollars on marketing. All we did was spot a dumpster and people throwing stuff out. I parked my car, introduced myself, and asked if they were selling to a neighbor. They said yes, took my contact info, and the rest is history. 

 @Jaron Walling preach! The key to real estate is solving problems others either don’t want to or don’t know about. 

Problems and opportunities are often the same!

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