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General Landlording & Rental Properties

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Jennifer Fernéz
Pro Member
  • Investor
  • Reading, PA
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98
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Buying a property with existing tenants

Jennifer Fernéz
Pro Member
  • Investor
  • Reading, PA
Posted Apr 15 2015, 16:53

Hi ,

I'm interested in purchasing several properties, but some of them have tenants in them.   How do you do renovation work with tenants living there?   What if I don't like the tenants but like the property?   I'm assuming you can not evict tenants based on new ownership.    How can I raise the rent once I buy it if I feel it is too low?

Thanks,

Jennifer

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