All Forum Posts by: Jin Zhang

@Jin Zhang

Did you use an agent on this purchase? They should have made it a priority to have one of the units delivered vacant. In California, tenants who have been in the property for over one year need to be given 60 days notice. This isn’t something you want to wait until after closing to start working on.

@Jin Zhang - if you are buing with owner occupied financing you have to move in after closing, depending on the loan probably winthin 60 days. So you have to decide before closing which unit you want to occupy.

The day of closing you can provide a intro letter, your contact info how to pay rent etc.

The lease survives the sale of the property, so no need for a new one. Make sure you get the security deposit. 

Hopefully you have received copies of the leases as part of your accepted offer. The leases govern the termination primarily over state law. If they are MTM you are not evicting them, you are just terminating 9or not renewing) the lease in accordance with the terms set forth in the lease. Eviction is a judgment when the lease is broken, not paying rent etc..

You can find 5 how to videos about house hacking on my YouTube channel, the last one adresses these questions specifically, link is on my BP profile page. 

Hope this helps!

@Jin Zhang Send them both letters introducing yourself and where to send payment. Wait for the first month to see if one gives you problems. If so, that becomes the unit you want to move into. Give them 30 or 60 days notice depending on the existing lease and only if they don't move out do you have to evict. However if they don't pay rent you can move to evict immediately.

Hey @Jin Zhang congrats on your new Duplex!  yes I would 100% agree that checking with your local laws, or even doing an area specific forum search her on BP would be your best bet.  But as a rule of thumb you have the right idea...if the tenants do not have an active lease and they are on a month to month you will have to provide notice of non renewal and work with them on the move out.  

It's usually not always the most obvious but if you spend some time speaking with them and figuring out what they really need/want...there is usually a win:win situation that can be found for these issues.  

@Jin Zhang Once you purchase a property with inherited tenants, the lease will follow with the transaction. If they still had time on the previous lease, then you'd have to honor the lease until expiration and they will need to pay you rent based upon that lease. In the case of month-to-month, then you can choose to sign a new lease, move them out, or keep the month-to-month. 

You'll want to check with local laws to ensure how much notice you are required to give tenants. Also, California tenant laws are not the most friendly to landlords, so it could be a pain to get the tenant to move if they don't feel like cooperating.  

Best of luck!

assuming this is in sf, a landlord would be required to reduce the rent in consideration of the reduced housing and because it's sf, you would need tenant approval and possibly even a payout (again cuz it's sf). Unclear that after all that, an ADU would be a good investment.

Hi Bruce, 

Thank you for the info! What is a reasonable reduce? If the tenant does not approve, I can not take the parking spot back?