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Updated over 2 years ago on . Most recent reply

vacancy on a 6 plex
Hey, what do you guys think about buying a 6 plex property, under market value property with one unit occupied. this would be my first purchase and I am concerned about not finding any tenants. How should I asses this situation?
Most Popular Reply

Hey Kairio,
Do you know what the demand for those units are in that market?
You can watch some local listings on zillow or something similar to see how long units are sitting. You can also call some local property managers to see what they think about the units and if they can get them rented/if they have the demand for them.
If you know that the units will rent pretty quickly and they're in good condition to rent then you might want to go for it.
Best of luck!