Buying a house with tenants

[Jose Rodriguez]

Hello Biggerpockets,   I recently came across a property that has tenants who pay below market rent due to the fact that the owner has some kind of relationship with them. What would be my best bet to buy the place vacant? Or To raise the rent as soon as purchased? And if so whats the best way to this?

[Allan Smith]

Meet with them in a pleasant manner and ask them what they prefer. Pay more or leave. If they want to stay, sign a new lease before closing at higher rent. If they want to leave, maybe work with them some on timing.