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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Starting Out
HomeForumsStarting OutDuplex I’m buying need major work can I evict???
Oscar Larios's profile image
Oscar Larios's profile image
Oscar Larios
  • from Stockton, California
  • Member since May 23, 2016
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Oscar Larios's profile image
Oscar Larios's profile image
Oscar Larios
  • from Stockton, California
  • Member since May 23, 2016
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Oscar Larios
  • Stockton, CA
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Starting Out

Duplex I’m buying need major work can I evict???

Oscar Larios
  • Stockton, CA
Posted Sep 14 2020, 12:48

I am first time home buyer in California trying to buy a duplex with 203k loan. But property need to be sprayed and tented for dry-wood termites and needs all new roof. Seller says tenants want to stay. Can I evict once I buy? I’m scared I cannot get to work right away. Tenants paying below market and duplex needs major work.

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