Investor Pro Tip When Buying Tenant-Occupied Properties!

👉When you are buying a rental property with tenants in place, this is a must-know contract tip!!

Before closing, always make sure these 3 things are in your contract:

✅ Prorated Rent – You should receive rent for the portion of the month you own the property.

✅ Security Deposit Transfer – Those deposits belong to you as the new owner to be put in a non interest bearing account. DO NOT co-mingle this money with your personal money. Put in a separate bank account.

✅ Tenant Estoppel Letter – The game-changer most investors (and even agents) forget!
A tenant estoppel letter confirms any verbal or informal agreements tenants had with the previous owner—like discounted rent for lawn care, repairs, etc. If it’s not in writing before closing, you could be on the hook for deals you never agreed to.

🌟Pro Tip: Get this letter at least 5 days before closing, signed by the tenant & current landlord. No surprises. No headaches. Just smooth investing.

Let me make this easy for you:
👉 DOWNLOAD my free Estoppel Letter Template today.
https://yourhomesoldfl.com/estoppel-letter

📲Have questions, schedule a call with our team:
https://yourhomesoldfl.com/schedule-a-call

➡️Be sure to share this with an investor who needs to hear this.

🔸Laura Marie, REALTOR®
Helping you Sell, Buy & Invest
Creative Real Estate Deals
Laura Marie Group @ eXp Realty
YourHomeSoldFL.com
(727) 350-7003