Be very careful before buying a squatted property.
This is not a game.
It’s a very complex process if you don’t know what I’m about to explain.
Pay close attention.
🧠 The Process to Buy Squatted Properties and Sell or Rent Them
If you already have a potential deal, the first thing you must do is go and talk to the squatter.
Yes, I’m serious, you’ll have to go and negotiate with him, her, or them.
You need to find out what kind of squatter you’re dealing with…
It’s not the same to remove a mafia-type squatter who lives off occupying properties and reselling them (they usually ask you for a commission for getting you the discount),
as it is to remove a vulnerable family with three dogs and five kids.
And believe it or not, the easiest way to recover a property is to make a deal.
Usually a financial agreement.
Especially with the mafiosos.
With families, I recommend you stay away.
It’s key to figure this out before buying anything.
Make sure you speak with the squatter and clarify everything before taking action.
🔒 Second Step: Secure the Property
The moment the squatters leave, it’s very likely someone else will try to move in, because they share info between them.
So, you need someone ready to move in right away…
a trusted person who can live there and let you rent or sell it while they’re staying.
🏠 Third Step: Sell It to the Right Buyer
Ideally, sell it to a family that will live in the property.
That way, it stays protected and always occupied.
You can also install an alarm system, especially for the hours when it might be empty.
If you want to learn more tactics like this, I recommend joining our free email newsletter.
But… Where Do You Find Squatted Properties for Sale?
You’ll need contacts, possibly inside banks or in real estate agencies located in more “difficult” areas.
You need to position yourself as a professional investor.
Someone who knows exactly what they’re doing, so they trust you and bring you deals fast.
If you want to learn how to get these kinds of contacts,
again… I recommend joining our free email newsletter.
Best regards,
Eros Euclides
Founder of Grupo Naera
📧 administracion@gruponaera.com
We manage properties all over the world.