Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 7 years ago on . Most recent reply

User Stats

97
Posts
44
Votes
Brian Dickerson
  • Rental Property Investor
  • Delray Beach, FL
44
Votes |
97
Posts

Tenant moved out a week before closing - first deal

Brian Dickerson
  • Rental Property Investor
  • Delray Beach, FL
Posted

Hey BP,

In contract for our first deal past contingencies..  It had a tenant with a lease thru Jan 2019.  Appraisal happens and the appraiser comes back saying the value of the property is contingent to a $100 reinspection to verify all utilities work.  We learned that the tenant supposedly left without notice and the property is vacant.  Closing date is in one week.  What should I be concerned about , or what would you do?   

Most Popular Reply

User Stats

756
Posts
569
Votes
Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
569
Votes |
756
Posts
Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@Brian Dickerson I'd be fine with it. This way you can screen the new tenant after closing according to your standards and you know that they've been screened well. The previous tenant might not have even been screened by the previous landlord and for all you know you could have inherited a nightmare tenant.

  • Jeremy Taggart
business profile image
DHRE- The Jeremy Taggart Team
5.0 stars
63 Reviews

Loading replies...