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Denise James
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Pricing rental flips

Denise James
Posted Dec 4 2019, 16:11

I ask a lot of questions. I thank everyone for all the help. I’m still learning.

I have a client who wants to sell a rental property. There are tenants living in the property for the last 5 years.

House ARV: 83k

Client asking 68-75k

Renting for $700

I was wondering if rental properties usually sell for more than a regular fix and flip since there are tenants already living in them. What else should I know about rental properties. I’ve already asked for a copy of the lease. Tenants pay on time every time. 

Also do I factor in cost for rehab? 

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