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Updated almost 5 years ago, 02/19/2020

User Stats

158
Posts
49
Votes
Mitchell Litam
  • Investor
  • Lakewood, OH
49
Votes |
158
Posts

bought my first house! now what?

Mitchell Litam
  • Investor
  • Lakewood, OH
Posted

Hey guys!

Very excited to have purchased my first investment house!!

The numbers made sense. It came with tenants that I met. They are currently living there until next Novemeber and hopefully longer.

How does that work with the current lease?

Do I have them sign a new lease or do we all just initial the current lease?

How do I make sure the water and electric bill are all in their names?

Can they put it in their names?

Any common mistakes I could avoid would be greatly appreciated!

Thanks for all your help!

SOOOOO Excited I finally pulled the trigger!

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