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Updated almost 4 years ago,

User Stats

68
Posts
45
Votes
John Ringgold
Agent
  • Real Estate Agent
  • Topeka Kansas
45
Votes |
68
Posts

Inherited Tenants running a business in property...

John Ringgold
Agent
  • Real Estate Agent
  • Topeka Kansas
Posted

In a few weeks we will be closing on a duplex where both sides are rented by one individual with a month to month lease.  The young lady is a nurse and is using the other side to "sub-lease" to an elderly person where she can provide care for them by being right next door.

We are working on our new lease as this will be our first rental investment purchase.  The current landlord was okay with this arrangement, but we aren't sure this is a good idea.  Subleasing and running businesses don't seem to be suggested practices with leases.  


Would you allow this arrangement?  What are your thoughts and concerns?  

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Team Ringgold @ KW One Legacy Partners
4.9 stars
93 Reviews

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