Gerald Jarreau
considering purchase of condo with existing tenants
Hello BP users! I am wondering what questions to ask when purchasing a property with tenants already housed. I have an appointment to view the property but wonder when I could see the existing lease and how/when to as...
Patrick Purviance
Written respose to tenant lease break request?
Hey there fellow BPers! Got a question about the best way to manage a lease break request. I've read countless posts on the topic of ways to financially address the lease break details based on the lease agreement an...
Linda Roberts
Handling last month rent, how to charge the difference?
My tenants have lived in the house for several years. During this time, the rent has increased by $650. How do you handle the difference between the original last month's rent and the current rent? Do you require tena...
Constantia Petrou
Applicant with potential puppy
Hello,I am considering an applicant who plans to get a puppy, vizsla, after he moves into our property. He is working with the breeder now and he said that when the right puppy is born that matches his family, they wi...
Lee Whitford
Inheriting Tenants : To-Do List
I close on my first property tomorrow! Does anyone have any tips or "To-Do" Lists when inheriting tenants? Also, how early can i request the tenants to sign a new lease (ow what is the process in general when inheriti...
Hark Tukay
Damage and breaking a lease
Our tenants of 7 years are moving out next. They have asked to break the lease with 11 months remaining. When I went over to prepare for a showing I noticed there was water damage on the ceiling and a bunch of tiles a...
David He
Should I collect pro-rated rent from property seller?
Hi All,Sorry if this question has been asked before. I searched and didn't find any matching topics. My wife and I are acquiring my first rental property in a week and we'll be inheriting two tenants. According to the...
Sam Kahl
Checklist for Buying Tenant Occupied Properties
Hi everyone,
I'm working on a blog for What To Ask For When Buying A Tenant Occupied Property and here is the list I have so far. Am I missing anything?
Ask to see a copy of the lease and look for the length of leas...
Sierra Westrick
Concerns with Tenant Occupied Purchase?
Putting a contract on a townhome with a current Tenant that wants to stay and I want to keep. What should I be concerned about? And what should I ask for from the Seller in the contract special stipulations?
Saurabh Kukreja
Things to consider when buying a property with tenants
Hello Everyone,
I currently own a property in the 38141 zip code and am considering purchasing another one. My experience with the existing property has been mixed, with challenges such as missed rent payments and ev...