texas multifamily and residential rehab question - Posted by nicole

Posted by Jimmy on August 15, 2007 at 06:43:25:

I buy East TX multi fams all the time. Generally speaking, I prefer to have tenants in place. But there are others here who never want to buy tenants in place. I get enough vacancy anyway, I prefer not to inherit it. and some of my besyt tenants have been inherited.

with that said, if I want to immediately start a rehab, I will want the place to be vacant.

texas multifamily and residential rehab question - Posted by nicole

Posted by nicole on August 13, 2007 at 21:21:25:

I have found some multifamily units around Dallas but some need light rehab. My question is as an investor are people willing to buy multifamily properties that are vacant, rehab them then rent them if they end up with postive cash flow ? I am finding good deals but am finding out most people want to have them already occupied.
Thanks
Nicole Melton
Dallasrealestatedirect.com