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Updated almost 4 years ago on . Most recent reply

User Stats

1
Posts
1
Votes
Amanda Welch
  • Rental Property Investor
  • Harrisonburg, VA
1
Votes |
1
Posts

Existing tenant - changing property types

Amanda Welch
  • Rental Property Investor
  • Harrisonburg, VA
Posted

Hey (first post here) I'm closing on a property that will be used as a vacation rental. However the previous owner had a long term tenant in the property. I have just received their contact information and I need to let her know we will not be offering long term rental services. Any suggestions? Should I send a certified letter? State: VA

Most Popular Reply

User Stats

81
Posts
68
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Joe C.
  • Florida
68
Votes |
81
Posts
Joe C.
  • Florida
Replied

I disagree entirely with the premise of @Account Closed 's question posed as a statement. The person selling the home is ending the relationship with the tenant, not the new buyer. Despite being posted in "good faith" the question basically was "why are you all so evil"? With knowing nothing about the specifics of the situation it assumed an awful lot. Post a new question in a separate thread if you genuinely want to know what goes on in the minds of STR investors.

It was @Amanda Welch 's first post in our community and she deserves to know that she is not evil for working hard, saving a lot of money over a long period of time and risking it all on a potentially money-losing venture in an effort to secure her financial future and not be a burden on the rest of society.

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