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Updated about 7 years ago,
Buying a property with existing tenants
Hi ,
I'm interested in purchasing several properties, but some of them have tenants in them. How do you do renovation work with tenants living there? What if I don't like the tenants but like the property? I'm assuming you can not evict tenants based on new ownership. How can I raise the rent once I buy it if I feel it is too low?
Thanks,
Jennifer