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Updated over 4 years ago,

User Stats

25
Posts
12
Votes
Brandt Baize
Pro Member
  • Investor
  • St. Petersburg
12
Votes |
25
Posts

Buying a property with tenants

Brandt Baize
Pro Member
  • Investor
  • St. Petersburg
Posted

I am looking at some properties, a lot of which already have tenants in them month to month or on a year lease. Would you buy properties now with tenants in them? If yes what do you ask from the seller to provide.  if not why?

personally I have a list

Signed lease

Security deposit/last months rent

Proof of background/credit check

Proof of job history

Proof of rent deposits into sellers account and rent deduction form tenants on lease


anything else you would add

  • Brandt Baize
  • Loading replies...