Hi everyone
Recently I have purchased a 3 bedroom place with existing tenants.
The tenants are nice, paying up to date (according to the owner/agent), and I would like to keep them for now on a periodic tenancy, with a view to ask them to leave in January when I can do the reno and re-let.
So how do I go about it? I will approach the tenants, talk to them, getting to know them, letting them know me a little, and basically see if they want to stay (agent said they do), and write up new tenancy agreements.
So when comes to the bonds, do I ask for new bonds? i'm thinking of 2 weeks bond, but the tenant would already paid bonds to the existing owner, so maybe it would be a difficult demand?
What are your views? How do I deal with the bond issue?
Thanks
Gary
Recently I have purchased a 3 bedroom place with existing tenants.
The tenants are nice, paying up to date (according to the owner/agent), and I would like to keep them for now on a periodic tenancy, with a view to ask them to leave in January when I can do the reno and re-let.
So how do I go about it? I will approach the tenants, talk to them, getting to know them, letting them know me a little, and basically see if they want to stay (agent said they do), and write up new tenancy agreements.
So when comes to the bonds, do I ask for new bonds? i'm thinking of 2 weeks bond, but the tenant would already paid bonds to the existing owner, so maybe it would be a difficult demand?
What are your views? How do I deal with the bond issue?
Thanks
Gary
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