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Updated about 10 years ago on . Most recent reply

User Stats

24
Posts
4
Votes
Pratik Desai
  • Princeton, NJ
4
Votes |
24
Posts

Tenant occupied investment property

Pratik Desai
  • Princeton, NJ
Posted

There is one property in my area which claims to have long term tenant. 

How do i find out the validity of the this claim? 

If the house is not in a good shape, what option do i have to request tenant to let me fix the property?

If property is already occupied, do i have an option to run credit check on tenant? 

I believe this property is under performing or requires a work  otherwise why would someone sell the property that is generating a positive cash flow?

What other things that i have to keep in mind while buying tenant occupied property?

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