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All Forum Posts by: Rene Bee

Rene Bee has started 30 posts and replied 62 times.

General Landlording & Rental Properties

Post: Post occupancy agreement for buyer

Rene BeePosted
  • New to Real Estate
  • Atlanta, Ga
  • Posts 63
  • Votes 15

Thanks everyone!  I love the idea of taking all of the rent upfront at closing as a credit.  Brilliant! 

0 Votes
General Landlording & Rental Properties

Post: Post occupancy agreement for buyer

Rene BeePosted
  • New to Real Estate
  • Atlanta, Ga
  • Posts 63
  • Votes 15

Hi Everyone, I have a question. I am supposed to close on a 2 family apartment next week and just learned the owner wants a use and occupancy agreement up to 6 months. I originally agreed to 3 days and that is the in contract. What are your thoughts on a 6 month use and occupancy agreement vs a 6 month lease? How should I decide what to do? On the one hand its immediate income but if the seller moves out after 3 months then I could be looking for a renter in December/January which is hard. Would love your thoughts! Thanks

0 Votes