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Tony Castronovo's profile image
Tony Castronovo's profile image
Tony Castronovo
  • Rental Property Investor
  • from Katy, TX
  • Member since May 23, 2016
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Tony Castronovo's profile image
Tony Castronovo's profile image
Tony Castronovo
  • Rental Property Investor
  • from Katy, TX
  • Member since May 23, 2016
Connect
Tony Castronovo
  • Rental Property Investor
  • Katy, TX
529
Votes |
677
Posts
Real Estate Deal Analysis & Advice

Purchasing Properties with Existing Tenant

Tony Castronovo
  • Rental Property Investor
  • Katy, TX
Posted Sep 25 2016, 15:11

Looking at a property being offered at 40% discount off market value.  It has a tenant in place until next July.  I need to find out the current rent but not sure I like the idea of buying properties with existing tenants.  Anyone have success with that?  What are the big gotchas to watch out for?

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