What to tell tenants
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What to tell tenants (by Harold [ME]) Mar 14, 2019 3:13 PM
       What to tell tenants (by plenty [MO]) Mar 14, 2019 3:19 PM
       What to tell tenants (by Pmh [TX]) Mar 14, 2019 3:21 PM
       What to tell tenants (by Pmh [TX]) Mar 14, 2019 3:23 PM
       What to tell tenants (by Harold [ME]) Mar 14, 2019 3:45 PM
       What to tell tenants (by razorback_tim [AR]) Mar 14, 2019 4:18 PM
       What to tell tenants (by GKARL [PA]) Mar 14, 2019 4:37 PM
       What to tell tenants (by JB [OR]) Mar 14, 2019 7:49 PM
       What to tell tenants (by myob [GA]) Mar 15, 2019 4:36 AM
       What to tell tenants (by Robert J [CA]) Mar 15, 2019 5:30 AM
       What to tell tenants (by Nicole [PA]) Mar 15, 2019 6:46 AM
       What to tell tenants (by cjl [NY]) Mar 15, 2019 8:31 AM
       What to tell tenants (by BRAD 20,000 [IN]) Mar 17, 2019 3:09 PM

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What to tell tenants (by Harold [ME]) Posted on: Mar 14, 2019 3:13 PM
Message:

Thinking of selling my multi-unit. Prospective buyer wants to see it. What is the best thing to tell the tenants about the intrusion? I don't know if I should tell them I may sell, or if I should give them minimal information. --24.198.xxx.xxx




What to tell tenants (by plenty [MO]) Posted on: Mar 14, 2019 3:19 PM
Message:

I would tell tenants i am interviewing a new handyman. He is examining condition... need about 5 minutes of your time to show unit. --99.203.xx.xxx




What to tell tenants (by Pmh [TX]) Posted on: Mar 14, 2019 3:21 PM
Message:

in TX we give 24 hour notice we will enter the property. I donít know your rules. nothing stopping me from having someone accompany me to inspect. I just sold a house to another LL. offer was pending b4 I collected Feb rents. no obligation for me to tell renters I was thinking of selling. closed in 7 days and buyer sent letter that he was new LL & I sent letter thanking them for for paying rents on time & feel free to use me as a reference. --104.218.xxx.xx




What to tell tenants (by Pmh [TX]) Posted on: Mar 14, 2019 3:23 PM
Message:

to follow up on Plentyís post. I donít lie to tenants. is just not necessary to share personal business information. --104.218.xxx.xx




What to tell tenants (by Harold [ME]) Posted on: Mar 14, 2019 3:45 PM
Message:

Possible buyer will be looking at all units with his real estate agent. I don't know what to tell the tenants without telling them the truth! I won't be there. --24.198.xxx.xxx




What to tell tenants (by razorback_tim [AR]) Posted on: Mar 14, 2019 4:18 PM
Message:

Just tell the truth. --70.178.x.xx




What to tell tenants (by GKARL [PA]) Posted on: Mar 14, 2019 4:37 PM
Message:

I'm a believer in need to know. If you don't need to know, I'm not telling you. I'd tell them nothing. I'd also time the inspection when they're not home. --172.58.xxx.xx




What to tell tenants (by JB [OR]) Posted on: Mar 14, 2019 7:49 PM
Message:

I'm with Tim. I don't see the need to deceive for this. No big deal. --24.20.xxx.xxx




What to tell tenants (by myob [GA]) Posted on: Mar 15, 2019 4:36 AM
Message:

You just can't have people wondering around in your units. On the other hand your business is your own. I would give them a heads up and necessary notice time.

"I'm have the property evaluated" is all that you need.

I would affirm with tenant you will be on site with valuator. --99.103.xxx.xxx




What to tell tenants (by Robert J [CA]) Posted on: Mar 15, 2019 5:30 AM
Message:

I tell my tenants that I'm going to have a loan appraiser, a property inspector, realtor and possible buyer look at the property. Don't know if I'm going to re-finance or sell. This scares the heck out my tenants and puts them on their best behavior. --47.156.xx.xx




What to tell tenants (by Nicole [PA]) Posted on: Mar 15, 2019 6:46 AM
Message:

Well if you don't want your tenants to know, certainly don't allow a potential purchaser and a realtor to mosey about without your being there as a buffer between them --72.70.xxx.xxx




What to tell tenants (by cjl [NY]) Posted on: Mar 15, 2019 8:31 AM
Message:

If it's only an investor and they are NOT being represented by an Agent and you are NOT advertising it for sale - then I guess you can just say you are having someone look at the property (whether it be a bank, contractor, appraiser, etc). Just make sure that the investor knows and understands to NOT ASK the tenants ANY QUESTIONS.

That's if you are only doing a "one time thing".

I'm personally for truth but don't scare the tenants. If you are going to list the property for sale then definitely tell the tenants. If they are in a lease then just remind them that they are still in a lease and it's binding unless THEY want to leave/agree with whatever the new terms are. If they aren't and only in a M2M then just let them know they don't need to leave until they are given notice. Most properties that are apartments the investors want tenants in there. --209.217.xxx.xx




What to tell tenants (by BRAD 20,000 [IN]) Posted on: Mar 17, 2019 3:09 PM
Message:

Harold,

Too many Looky Lous. No showings until we have reviewed all numbers, confirmed buyerís ability to buy, and hopefully a tentative agreement.

I schedule a normal Preventive Maint walktrhu and introduce my collegie as a fellow LL.

Like G said - Need to know basis only. Sometimes residents panic and move out. In any group of people many see any change as a reason to leave. Others want to tell the prospective buyer EVERY tiny defect and all the trouble they have with each neighbor. I donít see any good coming out of disclosing to MY res my business plan.

BRAD --73.102.xxx.xxx



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