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When you’re buying an investment property, you’re usually inheriting an empty house and a fresh set of keys. But sometimes, you’ll inherit a property with tenants already living in it. So what do you need to know about buying a tenanted property?
Owning properties goes beyond snagging Mayfair. Like a true Monopoly mogul, you need tenants to pay rent – and that's where the real game begins. But instead of managing everything yourself, some investors choose to enlist a property manager – the real-life equivalent of rolling doubles and letting a pro handle the upkeep, rent collection, and unexpected Leicester Square repairs.