Updated over 12 years ago on . Most recent reply
New Building Existing Tenant Info
So when you buy a new building with existing tenants, if the seller has sketchy info on the existing tenants, you have them submit their pertinent info, right? SSN, Drivers License, etc...just like they were applying for the first time...I dunno, if they're long term...
What do you do when buying a new building with existing tenants?
Hardball, protect yourself at all times I guess.
If you weren't happy with the results, would you terminate? I guess it depends on their history at the building. I think most would leave things be.