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 almost 3 years ago on . Most recent reply
Should I buy a property with non paying tenants
I've found a few deals but the properties are inhabited by tenants who are either in the process of being evicted or they need to be evicted for being behind on rent. Should this stop me from buying the properties? Will it be ok if I just buy keeping in mind that I won't make money until the eviction process is over? Please advise and share your knowledge and experience.
Most Popular Reply

Buy the properties? Yes - but only under the condition that the properties be delivered vacant at closing. To do otherwise gives you the joy of having your new acquisition come with legal fees, court costs, property damage, and no cash flow.
Buy the property - not the seller's problems.