I'm a Real Estate agent since 1985 and A landlord (for multiple properties) since 1987...
It might be possible to buy a property with a tenant renting it already. BUT, will this be the best option for you? I'm not so sure.
I believe the most important first step is to find the RIGHT property for you.
IF the property is in good shape and presented correctly, I can rent it within 2 weeks or so..
However, most landlords use a standard Lease with many holes in it; I'll NOT recommend to take over such a Lease.
Over the past 25 years I put together a VERY strong Lease which stood the test of local courts (when tenants needed to be removed) and passed with flying colors...
Meir Aloni & Team
CRS (Certified Residential Specialist)
CDPE (Certified Distressed Property Expert)
RECS (Real Estate Cyberspace Society)
Successfully selling Broward County since 1986!
Direct phone# 954-338-5220 http://www.WeSellBroward.com
All Star Realty Inc.
Yes, Yes, Yes, most of our investors are doing just what you propose. Buy and are being very sucessful in renting their home investments in Ft. Lauderdale. Because of the displacement of short sale candidates rents are in demand. By all means, let's work together to get you a home to rent in your price range. Norma.
Please let me know if I can assist you to find the house to purchase.
Sedat Celik, Realtor
If you would like information about an specific listing or would like to receive information of available listings in Weston. Please contact us at email@example.comÂ
Anything is possible.....however, we would recommend the possibility of purchasing the property first and then, finding a renter. From our experience, it will be much more difficult identifying a condo with a tenant already in place.
The appeal of certain areas can vary greatly from area of a city to another. Our recommendation is to be sure your location has rental appeal before making a commitment.
Contact one in the area you're looking in and should be able to help you.
My other advice would be this: target short sale properties, because most of the time they either have a tenant or an owner still living there who might be open to negotiating a lease with you.
Faith Home Loans
Great questions. Currently, we have a lot of sellers who would like to sell, but had not been able to, and so are now renting their properties. In some cases, the properties go into short sale and the owners themselves are looking to find a rental, and so can be the tenants, or the sellers need to sell and are looking to price right. In any case, if you cannot find a property with a current tenant, then finding one is not that difficult if the property is in good condition and desirable location. Weston/Ft. Lauderdale is within my market place and I would be happy to assist you. Let me know if I can be of further assistance,
Ft Lauderdale has a good rental market. Some friends and I used to reside down there, and we loved it. Whether you're into SFHs, small/medium/large multi-family, or something else, there are lots of opportunities and options down there.
I also invest down there as well as in Palm Beach County. Feel free to bounce any questions on me.
It is possible to find a property that has a tenant who would like to stay. A Realtor would be more likely to have access to that information, as it is not always listed in the remarks. You could always place a property for rent after you make the purchase. Rentals are in great demand and tend to go quickly after being listed for rent.
Please let me know if I can be of help to you. I specialize in Weston and the surrounding areas, and would be happy to help you. If you send me your specifications, I can send you properties that are currently available.
Prudential Florida Realty
Yes it is quite possible to buy a house with a tenant, or we can buy a house that is in foreclosure in the process of foreclosure, which would be cheaper, and we can easily find a tenant for it within a month or 2. In addition, we can manage the property while you are away, as we are a full service real estate company. Please provide a phone number in the UK or an e-mail so I can start sending you available properties. Please feel free to contact me with any question or concern