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Updated about 5 years ago on . Most recent reply

Web A.'s profile image
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Web A.
  • Rental Property Investor
  • from NJ
  • Member since Oct 11, 2018
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Web A.'s profile image
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Web A.
  • Rental Property Investor
  • from NJ
  • Member since Oct 11, 2018
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Web A.
  • Rental Property Investor
  • NJ
10
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47
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General Landlording & Rental Properties

Inherited Tenants/ Duplex Property

Web A.
  • Rental Property Investor
  • NJ
Posted

Hey BP! I live in north NJ and i just closed on a duplex property which I plan to house hack. I inherited tenants who’s lease ends in August 2020. What are some of the first steps you recommend I take with this tenant ( Go over current lease, security deposit, etc?)

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Nathan Gesner
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Nathan Gesner's profile image
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Nathan Gesner
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Nathan Gesner
  • Real Estate Broker
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ModeratorReplied

I agree with @Steven Foster Wilson. Introduce yourself, let them know the existing lease will be honored, how they should contact you, how to pay rent and report maintenance, and leave it at that.

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