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Updated almost 7 years ago on . Most recent reply

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38
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Peter Goeller
  • Holliston, MA
14
Votes |
38
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Buying a proprety with "good tennants" deal or no deal.

Peter Goeller
  • Holliston, MA
Posted

Hello BP I found a property that I really like but it kinda worries me that it comes with so called "good tenants". The listing says that they would like to stay but as the new owner can i say bye bye and screen new tenants. or do the existing tenants have to stay.

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Replied

Time to sit down and learn all your state landlord tenant regulations. You are required to know the laws that govern your business.

What you can do depends on their existing lease. If they are on a term lease there is nothing you can do until it is up.

When you buy a rental the tenants come with the lease.

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