Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

5
Posts
2
Votes
Ivan Cortez
2
Votes |
5
Posts

Inherited Tenants - How to Introduce Yourself

Ivan Cortez
Posted

I have entered into a contract to purchase my initial duplex and anticipate acquiring two tenants who have occupied the property for a significant period of time. Currently, both tenants are on month-to-month leases, and the closing date for the purchase is scheduled for the 14th of the month. As the new landlords, what would be the appropriate protocol to follow with the tenants? Specifically, what are the recommended steps for introducing ourselves, and how should we proceed with regards to transitioning the tenants onto our month-to-month lease? Moreover, when should we provide the new lease for their signatures and when would it be appropriate to expect them to return it to us? Finally, is it customary to conduct all of these steps in person, or is it acceptable to transmit the documentation by mail and request a timely return?

Loading replies...