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Updated over 9 years ago,

User Stats

1,451
Posts
461
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Sam Leon
  • Investor
  • Fort Lauderdale, FL
461
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1,451
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Existing tenant wants to switch unit

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted

in a multi family building, how do you all handle when a unit becomes vacant, another tenant wants to switch and move in?

That could be for a variety if reasons, that unit is farther from the street, or newer appliances, or the perception that they will get a free new paint job in the soon to be available unit etc...

Do you entertain such request?  You have to because they are just another applicant only you know their rental history.

But I will end up having to turn over two unis in a row so it costs me more.  Plus time, to process a new lease with a new address.  On top of that the tenant probably expects a special consideration because I know them and they know I give a preferred rent to renewals and this is not a renewal this is extra work X 2!

Thoughts?

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