Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

28
Posts
22
Votes
Jeromy Jordan
  • Real Estate Agent
  • Biloxi, MS
22
Votes |
28
Posts

would you buy a duplex from a slumlord?

Jeromy Jordan
  • Real Estate Agent
  • Biloxi, MS
Posted

Hi BP Community,

I think I found a good duplex to purchase for house hacking that works number wise.  This will be my first investment so I am trying to make sure it goes well to set me up for future investments.  I discovered that the current owner has numerous complaints filed against him from tenants and it paints a vivid picture of him being a slumlord(numerous of post are saying don't do business with this guy!). One of the units appear to be in decent shape but the other unit needs some work. I don't want to purchase something and find out months down the rode that it has a ton of problems that were never disclosed and covered up.  

Would you buy a property from a previous bad owner?

Most Popular Reply

User Stats

456
Posts
214
Votes
Julio Garcia
  • Rental Property Investor
  • Modesto/Stockton/Merced, CA
214
Votes |
456
Posts
Julio Garcia
  • Rental Property Investor
  • Modesto/Stockton/Merced, CA
Replied

YEs! this can be a great opportunity to buy at a discount! just make sure to get an inspection to give you an idea of current maintenance issue and possible future ones. 

Loading replies...