“No Inspections, Don’t Contact the Tenants”

[Joseph Ranola]

Hey guys, as I’m looking at a lot of properties in Philadelphia I see over and over again this general message- that it’s already occupied and that the tenants are not to be bothered/no showings/no home inspections- does that automatically take this property off of your list? Some look good via the pictures and rough numbers, but right off the bat after reading this I’m very weary of these properties and don’t even consider them- is that wise, or do you have any advice as to why I should still consider the properties? Thanks for any info!

[Jay Hinrichs]

its common in multi family in SFR though its not uncommon to have a home inspection once your in contract and finacing is approved. you want to limit your tenants disruptions.. because there is also going to be an appraisal if your financing.. we try to do appraisal and inspection same day when ever possible.