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Updated about 2 months ago on . Most recent reply

User Stats

61
Posts
61
Votes
David Litt
  • Investor
  • Nationwide Foreclosure Specialist
61
Votes |
61
Posts

Would You Ever Take Over Someone Else’s Problem?

David Litt
  • Investor
  • Nationwide Foreclosure Specialist
Posted

I recently came across a property where the seller wasn’t really selling the house… they were selling the problem attached to it.

  • The roof leaked.

  • Back taxes were owed.

  • Tenants were behind on rent.

On paper, it looked like a nightmare. But the numbers also showed that if someone was willing to step in, untangle the mess, and put in the work, there was significant upside.

It made me think: in real estate, we don’t just buy properties — we often buy challenges. Some investors thrive on that, others avoid it at all costs.

So here’s my question for the community:
👉 Would you take on a property with multiple problems if the long-term upside was worth it?
👉 Or do you stick to “clean” deals only?

Most Popular Reply

User Stats

82
Posts
57
Votes
Chris Howell
  • Tulsa ok
57
Votes |
82
Posts
Chris Howell
  • Tulsa ok
Replied
Quote from @David Litt:

I recently came across a property where the seller wasn’t really selling the house… they were selling the problem attached to it.

  • The roof leaked.

  • Back taxes were owed.

  • Tenants were behind on rent.

On paper, it looked like a nightmare. But the numbers also showed that if someone was willing to step in, untangle the mess, and put in the work, there was significant upside.

It made me think: in real estate, we don’t just buy properties — we often buy challenges. Some investors thrive on that, others avoid it at all costs.

So here’s my question for the community:
👉 Would you take on a property with multiple problems if the long-term upside was worth it?
👉 Or do you stick to “clean” deals only?


 If a property doesnt  have problems I dont want to buy it.  This is how appreciation and cashflow are created quickly.   

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