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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingIs it a good idea to buy an apartment with no tenants in it?
Etim Fisk's profile image
Etim Fisk's profile image
Etim Fisk
  • Rental Property Investor
  • from Springfield, IL
  • Member since May 13, 2019
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Etim Fisk's profile image
Etim Fisk's profile image
Etim Fisk
  • Rental Property Investor
  • from Springfield, IL
  • Member since May 13, 2019
Connect
Etim Fisk
  • Rental Property Investor
  • Springfield, IL
4
Votes |
20
Posts
Multi-Family and Apartment Investing

Is it a good idea to buy an apartment with no tenants in it?

Etim Fisk
  • Rental Property Investor
  • Springfield, IL
Posted Jun 19 2019, 23:34

The property I am attempting to buy is in a very nice wealthy neighborhood in central Illinois, however, It doesn’t have a single renter occupying the property at the moment. I’m wondering if I should forgo buying this particular property without the potential of receiving immediate cash flow starting from day one?

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