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Updated over 5 years ago,

Olu Oyelade's profile image
Olu Oyelade's profile image
Olu Oyelade
  • Rental Property Investor
  • from Oakville, CA
  • Member since Dec 27, 2018
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User Stats

23
Posts
7
Votes
Olu Oyelade's profile image
Olu Oyelade's profile image
Olu Oyelade
  • Rental Property Investor
  • from Oakville, CA
  • Member since Dec 27, 2018
Connect
Olu Oyelade
  • Rental Property Investor
  • Oakville, CA
7
Votes |
23
Posts
Buying & Selling Real Estate

Inheriting tenants with SF Rental ..

Olu Oyelade
  • Rental Property Investor
  • Oakville, CA
Posted

Hey BP,

I am working on a deal with a tenant in place .. the rent is below market value and the current lease still has a month to go. How soon can I increase rent ? Is it possible to request termination of the the lease in the closing agreement? What are the other salient issues associated with this type of transaction that I need to watch out for .

Thanks..

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