how to notify tenants of new ownereship

[Michael Mastantuono]

Hi everyone,

I recently purchased a house from a wholesaler. all taxes an liens were cleared during in title. However, part of the agreement is that the previous owners get a 6 month lease back (which i was compensated for from wholesaler and previous owner out of escrow). What is the next step i should take to try and ensure the now tenants will be out by the terms in the lease agreement they signed? Should I send a letter or email from my LLC re-instating the terms? There is also possibility they will be out before the 6 months but probably not likely. As soon as they are out I can begin rehab on the property. I was even wondering if it would be worth it to contact them and see where they are in there HUD process to qualify for affordable housing. Maybe it would be worth to give them an added incentive to move sooner. I paid cash for the house so I'm not paying loan fees, just taxes and insurance.

Thanks.

[Charles Carillo]

@Michael Mastantuono

It can't hurt to reach out and introduce yourself. If you want them out sooner, ask them if you can assist them with finding a new place. I would also suggest if they are out earlier you will cover some/all of their moving costs. Tell them they can take what they want and leave the rest in the unit. Just offer assistance and make the move as easy as possible.