Updated about 8 years ago on . Most recent reply
Fourplex Under Contract - Filling Vacant Units
Hello all. I have my first multi-family under contract in Evansville, IN. Two of the four units are currently vacant.
My question is regarding filling the two vacant units before closing. Should I ask the seller to stop trying to fill the vacant units, or should I ask the seller to allow me to be involved with the tenant screening?
Thanks!
Most Popular Reply
I would have them stop if the units aren't rent ready. Or at least just hold onto them for you until you close. That way you have a tenant pool list ready to rock.
I prefer to have a hand in screening because I have specific criteria for tenants.
Good luck.