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 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
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 1 year ago on . Most recent reply

User Stats

1
Posts
1
Votes
Ben Moore
1
Votes |
1
Posts

Buying tenant occupied condo Los Angeles, rent below market, what to do?

Ben Moore
Posted

I've found the perfect apartment to buy at a great price, but there's a catch—it's currently occupied by a tenant. The tenant pays well below market rate, probably about 50% less due to the property's condition.

I'm curious if anyone has experience with tenant eviction in 2023, particularly in the Los Angeles area. I understand there's a procedure to follow, but I'm also aware that there may be limitations when dealing with older or ill tenants. I'd appreciate any insights on this matter.

I understand the advice of not buying if it's not vacant and asking the owner to evict them, but if I'm really set on buying and the owner won't cooperate, what are my options?

Thank you for any assistance you can provide.

Loading replies...