Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

118
Posts
66
Votes
Christopher Stanis
  • Investor
  • Binghamton, NY
66
Votes |
118
Posts

How do you get an inherited tenant to sign a new lease?

Christopher Stanis
  • Investor
  • Binghamton, NY
Posted

Hello BP Community!

What steps would you take to get inherited tenants to sign on to a new lease? 

My brother and I recently purchased a mobile home park in Williamsport PA. Most of our tenants have met with our management team and signed our leases. We have several tenants owning their own mobile home that have refused to sign a new lease. They are up to date on rent. However, the previous owner's lease could be fit onto a napkin, and includes very little of the legal protections important to us in a lease. 

What steps would you take to get tenants owning their own home to sign a new lease? Is threatening a 30 day notice too extreme? Thanks BP!

Most Popular Reply

User Stats

118
Posts
66
Votes
Christopher Stanis
  • Investor
  • Binghamton, NY
66
Votes |
118
Posts
Christopher Stanis
  • Investor
  • Binghamton, NY
Replied

Thanks @Mike Cumbie. Our inherited tenants are actually on a month to month lease. Which, speaking of, is what we also use for our newly installed tenants. I can see that threatening a rent increase could be a good motivator. 

Loading replies...