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Updated over 4 years ago on . Most recent reply

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35
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10
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Naoko Potts
  • Rental Property Investor
  • Bolivar, MO
10
Votes |
35
Posts

First time property walkthrough

Naoko Potts
  • Rental Property Investor
  • Bolivar, MO
Posted

I found an old but decent property for sale using Realtor.com website locally and I am scheduled to take a look at this property tomorrow with a realtor who is happened to be my friend.

The tenants will be there while we take a look at this place. According to my friend, they are long time tenants wha have been paying rents on time and concern whether the new owner would kick them out.

This is the very first property walkthrough for me as an invest. Does anyone have suggestions what I should NOT miss while this (or any) inspection? Do you think it’s ok to ask few questions to current tenants? I was thinking asking them their experience at this property and anything else might be helpful because after all, this is a good opportunity to know the potential future tenants.

Thank you

Most Popular Reply

User Stats

456
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214
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Julio Garcia
  • Rental Property Investor
  • Modesto/Stockton/Merced, CA
214
Votes |
456
Posts
Julio Garcia
  • Rental Property Investor
  • Modesto/Stockton/Merced, CA
Replied

If tenants are there when I walk through, I ask them questions: example anything need repairing? how much are you paying?  do you have a lease? i try not to overwhelm with with 21 questions but just some general ones 

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