Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
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

Updated over 6 years ago on . Most recent reply

Account Closed
2
Votes |
18
Posts

Tenant in place vs rehab first

Account Closed
Posted
So my initial plan is to invest in multiple single family rental units with a low entry cost. I think I’ve found some good opportunists in OH and MI where I can get some great ROIs and decent cash flow, and finally like I’m ready to be one of you guys :) My biggest fear is, of course, having an empty property sit for an extended period of time. But I assume that’s the biggest fear for all cash flow investors. So to alleviate that fear, I’ve found a number of properties that fit my criteria and have tenants already in place. So I was thinking that would give me an instantly producing property that I can hand off to a property manager. Do you any if you have an opinion as to whether this is a good strategy? Or is it better to rehab the property first and then put up for rent? Thanks in advance!

Loading replies...