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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 9 months ago on . Most recent reply

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Ryan Tin
  • New to Real Estate
  • Austin, Tx
1
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4
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Investor insight on purchasing wholesale BRRRR

Ryan Tin
  • New to Real Estate
  • Austin, Tx
Posted

Hi BP BRRRR community,

I just wanted to get some insight into other investors' POVs. When investing in an off-market deal, is it better to purchase properties vacant or is it still a good idea to purchase a property even with paying tenants inside of it? 

Example: If I wanted to assign a property to another investor, would I want to try and get the tenant out of the property or should I just keep the tenant inside and just try to reduce the price?

Thanks!

Most Popular Reply

User Stats

91
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39
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Jason Sousa
  • Real Estate Agent
  • Austin, TX
39
Votes |
91
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Jason Sousa
  • Real Estate Agent
  • Austin, TX
Replied
Quote from @Ryan Tin:

Hi BP BRRRR community,

I just wanted to get some insight into other investors' POVs. When investing in an off-market deal, is it better to purchase properties vacant or is it still a good idea to purchase a property even with paying tenants inside of it? 

Example: If I wanted to assign a property to another investor, would I want to try and get the tenant out of the property or should I just keep the tenant inside and just try to reduce the price?

Thanks!


 What type of tenant are you dealing with? Month to month? Long term? Good history? Bad History? A tenant in place can be a good or bad thing......depending on the tenant. 

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