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Updated over 1 year ago on . Most recent reply

Anthony Siconolfi's profile image
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Anthony Siconolfi
  • Member since Jul 18, 2023
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Anthony Siconolfi's profile image
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Anthony Siconolfi
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Anthony Siconolfi
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Would you purchase a rental with a tenant in it?

Anthony Siconolfi
Posted

Would you purchase a rental with a tenant in it? Why or why not? We are preparing to have no "lag time" and want to maximize rental income. 

Upstate New York, New York
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Taylor L.'s profile image
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Taylor L.
  • Rental Property Investor
  • from RVA
  • Member since Jun 22, 2016
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Taylor L.'s profile image
Taylor L.'s profile image
Taylor L.
  • Rental Property Investor
  • from RVA
  • Member since Jun 22, 2016
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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

Speaking as a multifamily investor, we do this all the time. However, we invest in sunbelt states that are more landlord friendly. The real concern I'd have investing in NY is whether you're walking into a professional tenant situation.

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