4min chapter

Real Estate Rookie cover image

268: Rookie Reply: Seller Financing, Squatters, and Is Becoming an Agent Worth It?

Real Estate Rookie

CHAPTER

Do You Have a Stop-All Agreement With Tenants?

I never buy properties with tenants even like our flips to be purchased a lot of times they are long-term rentals beforehand but it's always a requirement on my end is the buyer to make sure that the tenants have vacated and there's actually a flood we've had in a contract for almost two months now because the seller was working to kind of get those tenants out. I think something with this question that Rick maybe didn't know the do enough due diligence as this property was under contract so he could have handled this before getting it under contract. Tony you may know more about this as far as squatter rights I mean are they even paying any rent here or are they just living in the property

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