Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Filip Reutov
  • Rental Property Investor
5
Votes |
27
Posts

Question regarding Inherited tenants

Filip Reutov
  • Rental Property Investor
Posted

Just closed on my first deal! Whoop whoop!

It is a duplex, I’m gonna live on one side and rent to inherited tenants. They’ve been there for about 5 years now and wondering if for any reason I should still have them fill out the initial rental application and do a move in inspection? Basically treat it like they’re just moving in

Most Popular Reply

User Stats

206
Posts
232
Votes
Zachary Elliott
  • Real Estate Agent
  • Burlington, KY
232
Votes |
206
Posts
Zachary Elliott
  • Real Estate Agent
  • Burlington, KY
Replied

@Nathan Gesneris right on with some fantastic advice. As someone who has inherited tenants before, the wrong ones can certainly be a pain but you won't know for sure until you get in. Hopefully, you got some information on the lease situation and rents prior to closing. This should be helpful in deciding whether rents are at or below market value. Good luck on your house hack!

-Zac.

Loading replies...