Multi-Family and Apartment Investing
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 over 2 years ago,
Duplex purchase- remove tenant
I am considering purchasing a duplex. Both units are currently occupied and have a month to month lease. The current owner described one tenant as being significantly behind on rent. The other tenant would like to stay but understands the unit has been significantly under priced. How do I make an offer and ask for one tenant to be removed and give the other an opportunity to stay at a higher rent rate prior to closing? Is that possible?