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Updated about 7 years ago on . Most recent reply

Darius Lipsey's profile image
Darius Lipsey's profile image
Darius Lipsey
  • from South Bend, Indiana
  • Member since Aug 3, 2016
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Darius Lipsey's profile image
Darius Lipsey's profile image
Darius Lipsey
  • from South Bend, Indiana
  • Member since Aug 3, 2016
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Darius Lipsey
  • South Bend, IN
6
Votes |
50
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Buying & Selling Real Estate

Is it unethical to (legally) kick out good tenants?

Darius Lipsey
  • South Bend, IN
Posted

I'm using an FHA loan to purchase a small multifamily as a primary residence. I have found a property that is currently 100% leased to month to month tenants. I am buying a property as my primary residence and know that I have to occupy the residence within 60 days of purchase. Is it unethical to buy a property and legally kick otherwise decent tenants out to occupy the residence?

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Jacob Rhein's profile image
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Jacob Rhein
  • Lawyer/Investor
  • from Atlanta, Georgia
  • Member since Nov 14, 2017
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Jacob Rhein's profile image
Jacob Rhein's profile image
Jacob Rhein
  • Lawyer/Investor
  • from Atlanta, Georgia
  • Member since Nov 14, 2017
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Jacob Rhein
  • Lawyer/Investor
  • Atlanta, GA
34
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33
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Jacob Rhein
  • Lawyer/Investor
  • Atlanta, GA
Replied

The property is yours. Just make sure you respect them by giving reasonable notice to vacate. They should understand, especially if they have been renting month to month. 

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