Buying a rental property is a popular way to invest. But where do you stand if the property you’re eyeing off already has a tenant? We’ll fill you in on what you need to know.
So you’re primed to expand your financial horizons and want to buy an investment property?
2023 may provide promise, with double-digit percentage gains for rental returns predicted in 11 out of the 14 major Australian residential markets.
But what happens if the property you want to buy already has tenants?
Depending on your plans, this could be a major boon. With tenants in place, the rental income can roll in from day dot!