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Updated about 3 years ago on . Most recent reply
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Is it difficult to remove tenant to do fix and flip?
I'm purchasing a duplex in Cleveland, originally planned to brrrr or buy and hold it since it generates $1300/mo and I'm getting it for 36k with ARV up to $85k-$90k light rehab (cosmetics) shouldn't cost more than 10-15k which has me thinking of fix and flipping (or wholetail) The only problem is there's a tenant renting out one of the units. Would it be difficult to get them out to move forward with the renovations? If so what would be the necessary steps to do so?
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If the tenant is on a month to month lease then you can give them 30-day's notice to vacate. However, many tenants will get upset by this and not pay the final month of rent but hopefully you have a deposit and they haven't trashed the place. Ohio is very landlord friendly so it is very easy to remove a tenant when compared to CA!