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Updated over 10 years ago on . Most recent reply

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22
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3
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Rodney Byers
  • Real Estate Investor
  • Bessemer, AL
3
Votes |
22
Posts

Help trying to move homes with late paying tenants.

Rodney Byers
  • Real Estate Investor
  • Bessemer, AL
Posted

I have a deal I am trying to make happen with a four property Package deal. From talking to the seller he has two of the homes as duplexes and the other two are single rentals. The guy is motivated because his father had owned them and he is tired of dealing with them and he lives two hours away. He already has told me what he wants to get out of them and it is low so I know I will get them at a wonderful price.

Problem is one house is vacant but out of 5 tenants only one is on time. one is 6 months behind and the others a month to three months. How do I market these to my buyers list. If they were vacant I would have no problem moving them , but the non paying tenants is making me get cold feet about putting them under contract. thanks

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