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Updated about 4 years ago on . Most recent reply
Getting an occupied property vacant for a flip
Hi all,
I'm wondering how to get an occupied property vacant before a flip, especially if you're out of state? For a BRRRR I can use my property manager since he'd be managing it post-rehab, but for a flip the PM wouldn't have any incentive.
- Harman
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@Harman N.
In normal times, you would just purchase the property and ask the sellers to inform the tenants to have it empty. If you already purchased the property then you provided them with a notice. Make sure you check the landlord laws of the area for a timeline.
Unfortunately, what you can run into due to the pandemic, is tenants that refuse to move out. The eviction moratorium will most likely be extended, and the state or city you are purchasing in could have a longer extension than national moratorium.
Having an extended eviction process will ruin your flip timeline, and cost you money.
Good luck!