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Updated over 5 years ago on . Most recent reply

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Austin Wells
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Currently a Tenant, I want to purchase the house I’m renting.

Austin Wells
Posted

My wife and I are currently renting a home that we would be interested in purchasing as our first live in rental.

Our landlord lives out of the country, and utilizes a local property management company.

2 questions:

1. Is it within our right to have a inspector come look through and inspect the house without telling the landlord or property manager? Would an inspector even do that? The logic for this is that we could move quickly with an offer knowing what the inspection shows.

2. In your opinion, should I work with the property manager to communicate our interest to the landlord or should I leave him out and try to communicate with the landlord directly?

The property manager does a fine job, I just don’t want him to shut me out because of him potentially losing a client.

Thanks for your input!

Most Popular Reply

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Jarrod Covey
  • Lender
  • Austin, TX
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Jarrod Covey
  • Lender
  • Austin, TX
Replied

Inspections can be very expensive and they don't actually address the issue. If I were you, I would call out different trades - i.e. plumber, electrician etc - relative to the area of the house you are concerned about. 

Go direct to the owner, more parties involved in a transaction creates more mouths to feed pushing your potential buy price up. 

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