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Updated over 5 years ago,

User Stats

25
Posts
13
Votes
Pablo Hernandez
  • Rental Property Investor
  • Lakewood, CO
13
Votes |
25
Posts

New Owner - Can I void lease?

Pablo Hernandez
  • Rental Property Investor
  • Lakewood, CO
Posted

I'm a new investor in Nashville, TN. I'm in the process of buying a SFH but just found out the property management company the seller is using found new tenants moving in at the end of the month.

I plan on using the BRRRR method on this property so I can't have any tenants living there for a few months, nor can I afford to rent out at below market rates.

What are my options?

Does new ownership void the lease? Can something be done since they do not move in till later this month?

Thanks for the help!

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