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Updated over 5 years ago,

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Account Closed
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Account Closed
7
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10
Posts
Starting Out

Multi-family property questions

Account Closed
Posted

1. If a unit is occupied, what happens with the tenant lease? Does it just continue with the buyer being the new landlord? If the seller is using a property manager, do I have to keep using it, or can I use a different one?

2. Do 1 bedroom units have a high turnover rate (compared to 2 or 3+ bedroom units)?

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