General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Buying occupied rental w/ no lease agreement
One of my leads is a mobile home that the owner is renting. She does not have an official written lease but says the verbal agreement she has with the renters will end in December 2019. Should I pressure this lead? If so, what options do I have as far as the renters? Should I make them sign a lease that ends in December per the verbal agreement?
Are there any other things I should look out for?