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Updated 11 months ago on . Most recent reply

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Guy Thomas
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Guy Thomas
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Guy Thomas
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Multi-Family and Apartment Investing

Inherited Tenants, New Property

Guy Thomas
Posted

Closing on a 4 Family this week. When inheriting tenants do you make them sign a new lease or continue with the current lease in place? they have all been there several years and on month to month now. I'm ok with month to month, but I also need to raise rent to current market value, add in late fees, set up auto pay, etc. What is the best way to approach this? 

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