Ok BP family so this is a real trick or treat situation just time for Halloween I guess! Long story short I was adopted and only recently was told who my brith mother is. She always knew who I was but never wanted to be apart of my life (honestly was fine with me I love my adopted parents!). My birth mother current rents a SFH 3/2 where she paying $700 a month. The lady who owns the home called me and really wants to sell me the home. I would love to big it but the tricky thing is my birth mother is a terrible tenant never! Never pays rent on time, never take care of the property, just already bad. The current owner doesn't even have her signed to a lease she doing it month to month. My question to you BP is how do I go about evicting my mother?!?!
P.S. Happy Halloween!
wow, talk about a story
If it was up to me, I'd stay away from drama, and just look into buying another place.
Is the owner giving you a really nice deal?
Next! Let this disaster stay right where it is...you don't need the hassle and heartache that this will bring you. My $0.02...go visit your birth mother and see what you can do to help her...no matter what, without her, you would be non-existent.
how much would you save compared to market value?
Yas charlie said, I would stay away from collecting rent from her. Most I'd be willing to do is flip it if the deal is too good to pass
@Mike H. Market value as of now is $30,000 fixed up it would sell for around $85-95k she willing to let me buy it from her for $10k.
@Justin Dixon Market value as of now is $30,000 fixed up it would sell for around $85-95k she willing to let me buy it from her for $10k.
Sounds like a great deal to wholesale. Whatever you do, don't buy it as a rental!
@Eric M. I will definitely consider it because I am a buy and hold investor and I don't know if I want this headache because I still work a full time job as well.
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