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Updated over 6 years ago on . Most recent reply

User Stats

15
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2
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John Lewis
  • Investor
  • Saint Louis, MO
2
Votes |
15
Posts

What do you look for when inheriting a tenant

John Lewis
  • Investor
  • Saint Louis, MO
Posted

Hey I'm back BP Fam,

What's your checklist when inheriting a tenant for a house hack of a 2-4 multi-family property. I may be in this situation very soon. Rents are current paid on time according to the rent rolls, property is kept clean, everything appears well on paper, but what are you doing? I want to hear from others who have inherited tenants and their process of starting the relationship? Thank you.

Most Popular Reply

User Stats

1,285
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491
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Frankie Woods
  • Investor
  • Arlington, VA
491
Votes |
1,285
Posts
Frankie Woods
  • Investor
  • Arlington, VA
Replied

Make sure you get signed leases and deposits!  You might want to get their background / credit report as well.  You want to make sure you haven't inherited terrible / or shadily placed tenets even if there are no immediate signs of danger.

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