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Updated almost 4 years ago,
Buying a property with squatters
Hi, Im looking to move some money from stocks over to real estate. I have been reading up as much as I can but havent started building a team yet. Anyway, theres a house Im interested in buying with cash thats had squatters the last year or more. The tenants dont have a lease and havent paid rent in ages. Apparently the owner is scared of one tenant that keeps screaming at her every time she goes over. How hard is it removing tenants with no lease during the eviction ban currently in place? Is it worth offering 30k less and taking responsibility of the squatters?
Any advice/experience would be great.