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Updated almost 8 years ago,
Closing my first property. One unit occupied
Hello BP,
I will be moving into my first property very soon. Closing is the first week of March. This is a two family, one unit is occupied. I will be moving into the vacant unit with my girlfriend and plan to live there for a year or so while doing some repairs.
Couple questions
1.). Should I raise the rent/ keep same?
2.) new lease terms?
3.) collect rent same day he currently pays?
4.) let him know I'm the owner or property manager?
Thanks please add any information you think will be helpful!
Shawn