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Updated 16 days ago on . Most recent reply

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Karolina Powell
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Roaches - how can you avoid buying a problem?

Karolina Powell
Posted

Im looking at a triplex where one of the units is occupied by a very elderly hoarder and there are roaches everywhere.  I am trying to figure out how to purchase this without 1. Roaches being a problem for the neighboring units and 2. Get them exterminated out of that unit without evicting the elderly tenant.

Seller is adamant that it just needs another exterminator trip but I don’t see how that will resolve it long term.  Any creative solutions along the lines of making them responsible for two years of bug treatments or delivering it empty?  

If, instead, the price is good enough to make it my problem - any solutions for fixing the problem besides evicting the hoarder, cleaning it out, and then fumigating?  And what are the chances it’ll impact the clean unit next door?  I’ve never had a roach problem before so I’m thinking through this.


Thanks for your help!

  • Karolina Powell
  • Most Popular Reply

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    Bill B.#3 Syndications & Passive Real Estate Investing Contributor
    • Investor
    • Las Vegas, NV
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    Bill B.#3 Syndications & Passive Real Estate Investing Contributor
    • Investor
    • Las Vegas, NV
    Replied

    We all know “one more treatment” won’t solve the problem. If it would you could simply delay the closing until after that treatment and problem solved. 

    But ZERO “bug guys” say all you need is one treatment and you’ll never see or pay me again, guaranteed. 

    Is the “hoarder” a true hoarder with floor to ceiling waste/junk in every room (a threat to the building and maybe mentally unstable.) or just a collector of nicknacks and stuff? You need a BIG discount for a true hoarder, the collector will never move and could be a small asset. Good luck. 

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