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Updated over 3 years ago on . Most recent reply

User Stats

17
Posts
5
Votes
David Hollenberger
  • Rental Property Investor
  • Pittsburgh, PA
5
Votes |
17
Posts

Lease options for my first Duplex

David Hollenberger
  • Rental Property Investor
  • Pittsburgh, PA
Posted

I have my first duplex under agreement but I’m not sure what to do with the tenants. Both units are currently rented and will still have over 8 months on their current leases. Both units are almost $300 under market rent. These are both turn key units so not many upgrades would need done to get market rent. The current leases do have a 60 day vacate option I can use when I take over.

What would you do if you were in my position?

Am I over thinking the situation or is there a strategy to use keep everyone happy?

Thanks in advance for the feed back.

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