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Updated almost 8 years ago on . Most recent reply

Laura H.'s profile image
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Laura H.
  • Investor
  • from Peculiar, Missouri
  • Member since Nov 18, 2016
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Laura H.'s profile image
Laura H.'s profile image
Laura H.
  • Investor
  • from Peculiar, Missouri
  • Member since Nov 18, 2016
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Laura H.
  • Investor
  • Peculiar, MO
60
Votes |
83
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General Landlording & Rental Properties

When you inherit tenants, do you get the YTD rent?

Laura H.
  • Investor
  • Peculiar, MO
Posted

At a recent REI seminar, the speaker said that when you buy a rental property, you get the rents for that year. Like, if I closed in May, I should get Jan-May's rents and deposits from the seller at closing. Is that right...?

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Eugene Kemp
  • from Ormond Beach , Florida
  • Member since Dec 24, 2015
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Eugene Kemp
  • from Ormond Beach , Florida
  • Member since Dec 24, 2015
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Eugene Kemp
  • Ormond Beach , FL
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Eugene Kemp
  • Ormond Beach , FL
Replied

Does this pass the logic test to you??

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