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Updated almost 3 years ago on . Most recent reply

Kilby Browne's profile image
Kilby Browne's profile image
Kilby Browne
  • Real Estate Agent
  • from Union City, New Jersey
  • Member since Feb 9, 2022
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11
Posts
6
Votes
Kilby Browne's profile image
Kilby Browne's profile image
Kilby Browne
  • Real Estate Agent
  • from Union City, New Jersey
  • Member since Feb 9, 2022
Connect
Kilby Browne
  • Real Estate Agent
  • Union City, NJ
6
Votes |
11
Posts
Buying & Selling Real Estate

Buying with tenants in place in New Jersey

Kilby Browne
  • Real Estate Agent
  • Union City, NJ
Posted

I am looking at making an offer on a small multi family in New Jersey. The listing agent wants me to acknowledge on the offer that there are tenants in place. I don't  want the tenants because they are paying under market value and my numbers would not work. The agent said the tenants are month to month, but I am concerned. 

Any thoughts on how to handle this matter?

Jersey City, New Jersey
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