Optimal way to sell a portfolio of SFR

[Vlad Yunger]

I have decided to sell my portfolio of 4 SFR in NE Philadelphia. I am looking for some advice on the optimal way to sell these properties. Would I expect to get the highest price selling all 4 as a package or one at a time. Would an investor pay more for occupied properties? 3 of the 4 are occupied and I am not sure if I should lease up the 4th before starting the sales process.

Any insight you can share will be greatly appreciated.

Many thanks

Vlad                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

[Brian Ploszay]

This is a good question. I found that selling rented single family houses on a local MLS does not gain that much traction. The reason is that market platform mostly has buyers who want to purchase houses.

My thinking is that I can get more money for some of the houses when I sell them vacant.  Then I paint / fix and market.  Hire a local realtor to sell them.

You may want to move the properties with the tenants still there.  There are a few platforms to sell rented single family portfolios.  You can try one of these.