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Updated about 10 years ago,

User Stats

120
Posts
10
Votes
Steve Candor
  • New York, NY
10
Votes |
120
Posts

First time buying a multifamily - Process of getting tenants to pay me?

Steve Candor
  • New York, NY
Posted

So once I purchase the property (or prior?) what do I do to get the tenants to start paying me the rent instead of the older landlord? Do I draw new leases up with each one (they are already on leases) or just tell them the new address to mail it? 

What about inheriting section 8 tenants? Does it take a while to have them start writing me checks? reinspection?

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