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Updated over 3 years ago on . Most recent reply
Closing on 1st Rental Property (Out of State & Sight Unseen)
I am closing on my 1st rental property this Friday, December 31st 2021. It is an out of state duplex with existing tenants that I have not yet seen in person. I will be doing a final walk thru an hour before closing. The duplex is fully occupied with existing tenants and I did not do an estoppel agreement, but the seller did provide the current leases to me.
Any final advise for me? Specifically, I'm trying to figure out exactly how to go about introducing myself as the new owner/landlord and how to transition paying me and not the prior owner. Thanks!