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Updated about 5 years ago on . Most recent reply

User Stats

27
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2
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Joel Polanco
  • New to Real Estate
  • Tampa, FL
2
Votes |
27
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Buying SFH With Tenants Already Renting

Joel Polanco
  • New to Real Estate
  • Tampa, FL
Posted

What do you guys think about buying a SFH with tenants already in place? I'm going to purchase my first investment property in the next 2 months and I met with a realtor today. She asked me if I was okay with buying a property that already has a tenant, and since I got blindsided by the question I told her yes, that I was okay with it.

How does everyone feel about this?

*any advice is appreciated

  • Joel Polanco
  • Most Popular Reply

    User Stats

    4,856
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    Mike D'Arrigo
    • Turn key provider
    • San Jose, CA
    3,023
    Votes |
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    Mike D'Arrigo
    • Turn key provider
    • San Jose, CA
    Replied

    @Joel Polanco Ask to see the rental history to see if they are current with the rent and whether they have a good history of paying on time. You can also ask for the maintenance records which might show any tenant related damages.

  • Mike D'Arrigo
  • Loading replies...