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 almost 4 years ago on . Most recent reply

User Stats

51
Posts
11
Votes
Dan Kennerson
  • Rental Property Investor
  • Sacramento, CA
11
Votes |
51
Posts

Question about liability related to existing tenant

Dan Kennerson
  • Rental Property Investor
  • Sacramento, CA
Posted

I'm looking at a 4 unit commercial building with long term tenants with good history.

Only concern, two of the 4 tenants live in the Units and also run a business out of them. They have been in the units for 6 and 11 years.

Property is in northern California.

What kind of liability or legal issues might I be facing by allowing them to stay and live in the units if I buy the property? The local real estate lawyers won't even return my call, which makes me think it's a hornets nest, but it's a good ROI so I'm still very curious.

Thanks!

Loading replies...