Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Inheriting potential problem tenants
So I'm under contract to purchase a triplex in NJ. I just got home from the inspection and all units are currently occupied and we will be inheriting all 3 tentants. One of the units had drug paraphernalia and drugs all throughout the kitchen and living room. The current owners had informed us that they did not do a background check on this particular tenant. These 2 things are huge issues for me considering that I planned on occupying one of these units after we close (if we even close) on the property with my spouse n child. I have yet to speak with my agent about it yet. Any thoughts or suggestions before I do? Thx.