General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Occupied Duplex sale.
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