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Updated over 6 years ago, 08/20/2018

User Stats

37
Posts
11
Votes
Joe Benson
11
Votes |
37
Posts

First Property- Tenants

Joe Benson
Posted

Getting ready to close on my first property (2 family). Tenants in one unit are great people and clean but are paying under market value. Do I have them vacated at closing and replace with higher paying tenants, or do I leave them in there for a little while I get my feet under me? Will still be cash flowing if I let them stay (although not as much as I could be). Also worried about money lost during vacancy if I have them vacated and cant fill quickly (just first time nerves I suppose).

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