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How about the tenant?

Posted by Bob on June 16, 2003 at 1:55 PM

In Reply to: Yes, don't, don't, don't under any circumstances... posted by Ward-CA- on June 11, 2003 at 6:39 PM

Hi Ward,

Thanks so much to answer my question. Yes, I bought this duplex
from an auction. There is a tenant who lives in another unit
of this property. He pays rent to me and he said the rent was
$700 (month to month and he could not find the lease with the
ex owner). But I did some research in that area and found the
rent for a two bed townhome is around $1,100. What can I do?
Put a month to month lease with a new rent or ask him move out?
I intent to sell this property.

Thank you.

Bob


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