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Updated about 6 years ago on . Most recent reply

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Tracy Minick
  • Rental Property Investor
  • Monroe, wa
98
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177
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Are you comfortable selling your rental with the tenants in it?

Tracy Minick
  • Rental Property Investor
  • Monroe, wa
Posted

Have you thought about the benefits of selling your rental with the tenants in it?

-consider selling to an investor (turn key investment)

-consider selling to the tenant

Thoughts?

Most Popular Reply

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Having tenants in a SFH will normally reduce your buyers market considerably. It will also attract investors that will not pay as much for a SFH as a home buyer would be willing to pay. Tenants in a multi unit is fine but I would never attempt to sell a SFH with a tenant. In addition a SFH would normally require sprucing up, paint at a bare minimum, to prep for sale which is not practical with a tenant in place.

Bottom line is a SFH with a tenant in place will not sell for as high of a price or sell as easily.

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