On some of our deals when representing Manhattan condo investors, the investor client buys a condo with a tenant already in place. This provides immediate cash flow and there is no vacancy period associated with marketing the apartment for rent. Buying with a tenant in place requires extra due diligence.
Read the full article here: Investing in Manhattan condo with tenant in place for immediate cashflow
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
No comments:
Post a Comment