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Updated almost 12 years ago on . Most recent reply

Tinotenda Arigurinu's profile image
Tinotenda Arigurinu's profile image
Tinotenda Arigurinu
  • Real Estate Investor in Training
  • from Harrisburg, Pennsylvania
  • Member since Oct 21, 2011
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Tinotenda Arigurinu's profile image
Tinotenda Arigurinu's profile image
Tinotenda Arigurinu
  • Real Estate Investor in Training
  • from Harrisburg, Pennsylvania
  • Member since Oct 21, 2011
Connect
Tinotenda Arigurinu
  • Real Estate Investor in Training
  • Harrisburg, PA
10
Votes |
54
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Starting Out

Buying Properties That Already Have Tenants

Tinotenda Arigurinu
  • Real Estate Investor in Training
  • Harrisburg, PA
Posted

i just wanted to know what peoples thoughts are on buying properties that already have tenants? is it a good idea? what could someone easily overlook? do you recommend it ?

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Vincent D.'s profile image
Vincent D.'s profile image
Vincent D.
  • SFR Investor
  • from Indiana
  • Member since Mar 6, 2008
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Vincent D.'s profile image
Vincent D.'s profile image
Vincent D.
  • SFR Investor
  • from Indiana
  • Member since Mar 6, 2008
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Vincent D.
  • SFR Investor
  • Indiana
24
Votes |
137
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Vincent D.
  • SFR Investor
  • Indiana
Replied

if the tenant pays, keep him and defer the rehab till he moves out. If he doesn't pay, evict, then rehab once he leaves. If he stays and pays indefinitely, you've just saved yourself some rehab money and effort!

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