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

Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
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

5,481
Posts
13,796
Votes
Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
13,796
Votes |
5,481
Posts

The Christmas Duplex: Concerning the Former Owner

Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Posted

Have you ever met someone who has no clue how lucky he is? The kind of guy who might buy as a first property investment a duplex in Pennsylvania when he lives in North Carolina, decides to remote-manage it, populates it with one tenant on disability who was evicted from her last place and a second tenant who has a long history of getting his driver's icense suspended, and yet this owner manages to keep the wheels on the bus FOR EIGHT YEARS before he starts really losing money?

People that lucky offend me. They really do. And it didn't help that the guy showed his true colors in the end and he is a total, total a-clown. My closing coordinator actually called me up special about it, worried that i wasn't understanding how obviously unethical this guy was.

Most Popular Reply

User Stats

2,566
Posts
3,948
Votes
Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
3,948
Votes |
2,566
Posts
Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Replied

Just a question:  Aren't you glad you're not him?

Think of what he could have achieved with the property if he had been the real deal.  Good riddance him and get in there and create your own magic.  He's the type of guy you can't wait to miss...

Congrats on your acquisition.  

Loading replies...