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Updated almost 14 years ago,

User Stats

18
Posts
3
Votes
Dan W
  • Central NJ, NJ
3
Votes |
18
Posts

Buying property with existing tenant

Dan W
  • Central NJ, NJ
Posted

I'm looking to buy rental properties that generate positive cash flow. What do people think about buying properties that already have existing tenants? On one hand, it would be great to have someone in the place day one and start cash flow immediately. On the other, I wonder if I'm just inheriting another landlord's problem tenant. Any experiences you can share on the matter are appreciated.

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