Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
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
Followed Discussions Followed Categories Followed People Followed Locations
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

User Stats

107
Posts
82
Votes
Karolina Powell
82
Votes |
107
Posts

Roaches - how can you avoid buying a problem?

Karolina Powell
Posted

Im looking at a triplex where one of the units is occupied by a very elderly hoarder and there are roaches everywhere.  I am trying to figure out how to purchase this without 1. Roaches being a problem for the neighboring units and 2. Get them exterminated out of that unit without evicting the elderly tenant.

Seller is adamant that it just needs another exterminator trip but I don’t see how that will resolve it long term.  Any creative solutions along the lines of making them responsible for two years of bug treatments or delivering it empty?  

If, instead, the price is good enough to make it my problem - any solutions for fixing the problem besides evicting the hoarder, cleaning it out, and then fumigating?  And what are the chances it’ll impact the clean unit next door?  I’ve never had a roach problem before so I’m thinking through this.


Thanks for your help!

Most Popular Reply

User Stats

8,507
Posts
10,378
Votes
Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
10,378
Votes |
8,507
Posts
Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

We all know “one more treatment” won’t solve the problem. If it would you could simply delay the closing until after that treatment and problem solved. 

But ZERO “bug guys” say all you need is one treatment and you’ll never see or pay me again, guaranteed. 

Is the “hoarder” a true hoarder with floor to ceiling waste/junk in every room (a threat to the building and maybe mentally unstable.) or just a collector of nicknacks and stuff? You need a BIG discount for a true hoarder, the collector will never move and could be a small asset. Good luck. 

Loading replies...