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Updated almost 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Flipper/Rehabber
  • from Washington, DC
  • Member since Sep 11, 2016
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Flipper/Rehabber
  • from Washington, DC
  • Member since Sep 11, 2016
Connect
Account Closed
  • Flipper/Rehabber
  • Washington, DC
8
Votes |
61
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General Landlording & Rental Properties

Buying a 2 to 4 unit rental with tenants in it good or bad idea

Account Closed
  • Flipper/Rehabber
  • Washington, DC
Posted
currently in the marketplace for a 2 to 4 unit property in washington DC. does anybody have any opinions/ thoughts about purchasing a property with tenants in it? what pre cautionary measures or changes should be taken before going this route?
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Nicole A.'s profile image
Nicole A.'s profile image
Nicole A.
  • Rental Property Investor
  • from Baltimore County Maryland and Tampa Florida
  • Member since Aug 8, 2013
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Nicole A.'s profile image
Nicole A.'s profile image
Nicole A.
  • Rental Property Investor
  • from Baltimore County Maryland and Tampa Florida
  • Member since Aug 8, 2013
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Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
2,485
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2,733
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Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
ModeratorReplied

Get to know DC rental laws now, before you have to exercise those laws! Like Kevin said, you should get a copy of the leases. Also, if you go to closing, the seller needs to credit you the security deposit(s).

  • Nicole A.
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