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Updated about 10 years ago on . Most recent reply
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bad mgmt, bad tenants, or no big deal?
So...we have been trying to go and view two duplexes for sale by the same owner for over a month. The mgmt company never answers the phone, and might call back once per week. Each time they say that they can't get ahold of the tenants for us to go view the properties. Does this throw up any red flags to you?
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- Residential Real Estate Broker
- Saint Louis, MO
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Originally posted by @Patrick L.:
Do a drive by evaluation and a make a low ball, worst case condition, offer with an inspection contingency. If it's been on the market a while and the management is so so the owner may be motivated to sell. Sometimes the best deals take a little more work and come with a little less hand holding.
If this is your first property i suggest not doing that. Evictions suck and most the time if the property is missed managed it will need a ton of work too. Go out and find you a good property that has good management in place and make a fair deal. If you have a ton of experience and know how by all means go for it.
- Peter MacKercher
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