Updated 2 months ago on . Most recent reply
Buying properties with tenants in place and tenant request
I just bought a house that had a tenant in place that has been there for 26 years. She was only paying 500 a month with no written lease (market rent is about 1200). I tried to be as reasonable as I could. I used binder method to raise rent and we came up with 800 a month and I gave her 90 days to decide weather she could find somewhere cheaper or if she would like to stay. But now she is saying since she is paying 800 she would like all new floors, paint the whole house, new vanity, new water heater because she can't take long showers. How do I deal with this? It hasn't been done the whole time she has been living there. So I think it's warranted but here is problem number two she is a hoarder.
? #1: Do I do all the repairs she is requesting?
?#2: how do I navigate re doing it with all her stuff in the house?