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General Landlording & Rental Properties

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Tim Kaminski
  • St. Petersburg, FL
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Buying Property. How to remove tenant to make room for myself?

Tim Kaminski
  • St. Petersburg, FL
Posted Aug 20 2017, 20:30

I am considering buying a multifamily property in St. Petersburg, Fl.  Would like to house hack but the unit that I would be moving into has a new tenant that wouldn't be out until August of 2018.  

I have heard of the cash for keys strategy, even though I wouldn't know what a reasonable amount of money to offer would be($1000/mo rent).  Are there any other strategies to getting a tenant out of their old lease or do I have to honor it?

Is there anything about changing ownership of the property that would let me kick a tenant out or am I S.O.L.?

Thanks,

Tim

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