So I am looking to make an offer on a property. Among the things that need to be dealt with is some due diligence on different aspects of any or all tenants on the property. Once I have an offer made and the owner accepts is it customary to talk to the tenants and ask them different questions? Things such as:
- What do they like about the property?
- What do they not like about the property?
- What needs fixed?
- What are their long term plans for renting?
- How long have they rented?
- What can I do to make things better for you to stay here?
Are questions like these a good / bad thing to ask during due diliegence?
I am looking to make an offer on a property that has a doctor’s office, storage space, and 6 apartments.
Thanks,
Bill