Occupied Duplex sale.

[Braxton Miller]

Hello BP,

This is my first deal, and I am super excited to be a part of this world of property ownership! Which leads me to a landlord question for all you folks.

I am set to close on a fully occupied duplex in a couple weeks. Unit B Lease expires in 60 days and intends on moving out. However unit A lease doesn’t expire till November of this year. My original plan is to close on the property and wait for 60 days and move into side B while I wait for unit A to vacate. My question is now; is it possible to entice unit A to move out in 60 days with some cash for keys deal? Because I ultimately would like to occupy side A as soon as I can. To my knowledge both tenants have always paid on time and have never been a problem. This Property is located in Texas.

Many Thanks

Braxton

[Ryan Hill]

@Braden C. nothing without the consent of the tenant, you're right. Good call out, I left that out. If you can't get them to move to unit B then you and the seller can work together, pay them for moving costs, find a new place (maybe leverage a local PM to do so).