Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
Should I buy multi home that already has tenants?
Hi All,
I am looking into investing in triplex that is fully rented out. The listing agent states that the 2 units have been occupied for 3 years and are on month to month lease and one was recently leased for a year. The agent states that the tenants are great and have been paying on time.
How do I verify if the information provided by the agent is accurate? I'd like to do my due diligence on the tenants to make I am comfortable and know all the facts and not depend on the listing agents information. I haven't made an offer on the house and would hesitate to put in one until I have reliable information on the tenants
Any advise is appreciated