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Updated almost 4 years ago on . Most recent reply
drop the property management company
Do I have to take over a property management company when I purchase a property with renters already in there? The property management contract with existing owner does not state it????
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
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#5 Multi-Family and Apartment Investing Contributor
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
Pro Member
#5 Multi-Family and Apartment Investing Contributor
- Investor
- Shelton, WA
@Charlene Ipalawatte the PM contract is with the prior owner. You have no obligations to them. Give the tenants new payment instructions when you introduce yourself in person or otherwise.