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Frankie Betancourt
  • detroit, macomb
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Renting foreclosed home to squatters

Frankie Betancourt
  • detroit, macomb
Posted

hello i won a house at auction  and there was squatters or people already living there not original owner and they already started fixing up the house  Cause they need a place to stay and asked if i can help them fix it by buying stuff and when everything is running they will start paying me rent does this sound like a good idea?

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Dennis M.
  • Rental Property Investor
  • Erie, PA
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Dennis M.
  • Rental Property Investor
  • Erie, PA
Replied
@Frankie Betancourt That’s beyond dumb . Absolutely not in fact I’d be finding a way to fix them up with “ bubba” in a jail cell

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