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Wholesaling
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Updated about 15 years ago, 11/19/2009

User Stats

361
Posts
75
Votes
Joseph Ziolkowski
  • Inspector
  • Alsip, IL
75
Votes |
361
Posts

Wholesaling a property with bad tenants

Joseph Ziolkowski
  • Inspector
  • Alsip, IL
Posted

Hi all! Just wondering what your thoughts are on this. Is it doable? Is it adviseable? I'm about to make an offer-in-spirit (nothing written yet) on several properties, and 2 of them have dead-beat tenants. I want to make an offer on all 5, since they're all paid off and the lady's husband is too old and sick to take care of them. What would be the best course of action? Should I not make offers on the 2 with bad tenants? Should I make the offer but figure in the cost of evicting them + 90 days holding costs? Any advice would be much appreciated! :cool:

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