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Updated over 4 years ago,

Dustin Blalock's profile image
Dustin Blalock's profile image
Dustin Blalock
  • Rental Property Investor
  • from Warner Robins, GA
  • Member since Aug 20, 2020
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Dustin Blalock's profile image
Dustin Blalock's profile image
Dustin Blalock
  • Rental Property Investor
  • from Warner Robins, GA
  • Member since Aug 20, 2020
Connect
Dustin Blalock
  • Rental Property Investor
  • Warner Robins, GA
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General Landlording & Rental Properties

Buying house with tenant

Dustin Blalock
  • Rental Property Investor
  • Warner Robins, GA
Posted

I am closing on a house with an existing tenant. The tenant is on a month to month lease and is wanting to stay. What steps do I need to take during closing and after?

Should I get the tenants security deposit? Can I have tenant sign a new lease when I purchase the property?

Any guidance would be greatly appreciated.

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