Is it better to buy rental with existing tenants?

Do you think buying a property that already has a tenant is always a good thing? In this video, I will review whether it is always time to celebrate when you learn that you are interested in the property as a rental has a tenant. Well, the answer is “it depends.” It is true that there are advantages to buying a property with existing tenants. [0:57] Some advantages of buying with existing tenants [2:10] How it may be worth it end leases for tenants paying below-market rent [3:10] How inheriting tenants approved with lax screening criteria cause headaches [4:45] Challenge of completing repairs with tenants living in a property [6:24] Devil you know is not always better [7:00] Honoring leases 📣If you enjoyed this content, please tell a friend and share the link: https://www.youtube.com/channel/UC6le83kyR0j_dlYGYRDJsaQ/ I am proud to work with my dad, Daniel Woods, and continue the legacy of Daniel Woods Real Estate, where we have been advising clients in the Philadelphia area since 1987. I am a natural connector who loves matching buyers and sellers, foodies with restaurants, and those in need of professional/career introductions. My passion is to help more people use real estate to create wealth, build a legacy, and design the lifestyle of their dreams. LET’S STAY CONNECTED ACROSS SOCIAL MEDIA http://dwoodsrealestate.com/letsconnect 🤙If you want to talk to me about Philadelphia real estate feel free to email me at veronica@dwoodsrealestate.com or call (610) 872-7926. Veronica Woods Daniel Woods Real Estate PA License #RS330592