When buying tenant occupied

When buying tenant occupied

Real Estate Agent · Detroit · Member since 2024 · 73 posts · 24 votes

When buying tenant occupied in Detroit what are some of green flags and red flags you look for. When is it good to use property management and where would you consider buying a tenant occupied property 

2Reply
32 views

2 Replies

Jump to latestLatest
  • Adam BartomeoBusiness Member
    Real Estate Broker · Cape Coral, FL · Member since 2015 · 2k+ posts · 1k+ votes
    1y

    We almost always consider buying a tenant occupied property 

    - It is instant income

    - If it is a SFH then there is a discount on the price when it has a tenant

    - You have time to delay any rehab and out of pocket expenses

Join the conversationCreate a free account to reply, vote on answers and follow this thread.