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Updated about 2 years ago,

User Stats

7
Posts
4
Votes
Dan M.
Pro Member
  • Engineer
  • Detroit, MI
4
Votes |
7
Posts

How to rehab occupied multifamily properties?

Dan M.
Pro Member
  • Engineer
  • Detroit, MI
Posted

For large multifamily properties, if your strategy is to rehab, increase rents and refi, how do you handle this with for example 85% occupancy? Do you increase rents immediately, expecting current tenants to leave? Is their lease contract still valid under new ownership?

  • Dan M.
  • Loading replies...