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
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply
Inheriting Tenants with No Deposit
I am currently in contract for two duplexes. They both have paying tenants on month to month leases. The issue is that none of them have deposits. What are some suggestions for handling this situation? If anything at all. I'm ok with the current rents as is. As each tenant moves out, I will rehab and get more rent at that point. Thanks for any input.
Most Popular Reply
@Aaron Zimmerman Thanks for your feedback. I do have the money to rehab now. I was leaning towards your suggestion but I am not sure how motivated any of them will be to move. I'll see soon though! Thanks!