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Updated about 9 years ago,
Newbie looking to purchase a rental in Philadelphia
I am interested in purchasing rentals in the Philadelphia area. However, there are sooo many "rules" in the city that I am a little apprehensive.
There is a duplex that has caught my interest that is currently occupied with long term tenants on a month to month lease. I could get slightly more in rent, however, is it worth it to maybe loose a long term tenant? I will be seeing the property this week.
The property also has an attached garage that I don't believe the current landlord is charging the tenants to use.
I don't want to start off a new, hopefully long term, relationship with a sour note.
P.S. I haven't seen the property yet. I will be visiting this week.