Skip to content
Rehabbing & House Flipping

User Stats

6
Posts
0
Votes
Rich Prestridge
  • Baton Rouge, LA
0
Votes |
6
Posts

Should I rent a listed townhouse until it's sold?

Rich Prestridge
  • Baton Rouge, LA
Posted May 24 2016, 05:47

I have a townhouse for sale that I am getting a little nervous about the length of time it will take to sell.  Want to now anyone's thoughts or advice about agreeing to rent out the unit temporarily until it's sold.  Full disclosure will be given about the circumstances of the listing and tenant will agree to vacate once it sells.  I will give them the last 30 days rent free and the rent covers all the expenses and utilities.  My second exit strategy is to convert to a rental although it hasn't been listed for long and I don't want to go there yet.  Thanks for any tips or advice.

Loading replies...