Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Buying a proprety with "good tennants" deal or no deal.
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.
Most Popular Reply

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.