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Updated over 8 years ago on . Most recent reply

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Dequindra Quinn
  • Investor
  • Waterford, MI
0
Votes |
5
Posts

Is it a good idea to buy a rental property with tenants who stay?

Dequindra Quinn
  • Investor
  • Waterford, MI
Posted

I have noticed several properties that say do not disturb tenant.  This makes me leery that tenants may not be aware the property is being sold.

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165
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82
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Derrick W.
  • Investor
  • Bryan, TX
82
Votes |
165
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Derrick W.
  • Investor
  • Bryan, TX
Replied

I like turn key operations. Existing tenants have usually accepted the condition of the place and are comfortable there.  This buys you a little time when it comes to painting or replacing flooring or other similar things that would need to be done to attract new tenants.  

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