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Updated about 10 years ago,

User Stats

8
Posts
3
Votes
Aniket Thakur
  • Springfield, MA
3
Votes |
8
Posts

Should I buy multi home that already has tenants?

Aniket Thakur
  • Springfield, MA
Posted

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


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