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Updated over 1 year ago on . Most recent reply

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236
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133
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Manco Snead
  • Investor
  • Spokane, WA
133
Votes |
236
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Sell Duplex with or without Tenants?

Manco Snead
  • Investor
  • Spokane, WA
Posted

Greetings,

Selling my OOS duplex in Iowa; has been listed for about 3 weeks. Currently has one unit rented and am deciding if I should put a tenant in the currently vacant unit or not. I'm seeing benefits/risks to both options. Thoughts?

Much thanks.

Most Popular Reply

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50
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42
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Kristine Hodges
  • Rental Property Investor
  • Broomfield CO and Estes Park, CO
42
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50
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Kristine Hodges
  • Rental Property Investor
  • Broomfield CO and Estes Park, CO
Replied

I’d leave one unit open.  Then it can be purchased by an owner-occupant for a house hack.  Or an investor who would probably prefer to choose their own tenant.  You can show the current lease as proof of market rent, so I wouldn’t worry about filling it for an investor buyer.  But you’ll lose a large portion of your potential buyers if they can’t occupy the empty side.  

  • Kristine Hodges
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