All Forum Posts by: Lauren Cartmell
Lauren Cartmell has started 1 posts and replied 4 times.
Post: How to find a knowledgeable agent to sell my occupied investment property
- Posts 4
- Votes 2
Quote from @Bruce Lynn:
Happy to assist you Lauren. It's not a real common concept here in DFW area, but I love it.
Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1. Some get it, some don't.
You should speak with the tenants though. They'll find out. They always do. There are no secrets. So better to put any fears they have to rest and explain the situation. Buyers at some point will need access, potentially inspectors and appraisers will need access.
Here in DFW if you have any questions or need assistance.
Good advice, thank you! Do you work specifically with investors?
Post: How to find a knowledgeable agent to sell my occupied investment property
- Posts 4
- Votes 2
Quote from @Drew Sygit:
@Lauren Cartmell 95%+ of agents only know how to do owner-occupied transcations:(
So, be careful.
Adding to the advice already shared, an experienced investor agent will know that there will be no showings without an accepted offer - to avoid pissing off your tenants with constant showings. Even open houses on occupied rentals are a bad idea.
If you want the highest sales price possible, you will have to list it on the MLS.
Absolutely! We are hoping to list quietly and with a very specific person for these reasons. Thanks for your advice!
Post: How to find a knowledgeable agent to sell my occupied investment property
- Posts 4
- Votes 2
Quote from @Denis Ponder:
Quote from @Lauren Cartmell:
Hi everyone - I have a fully occupied duplex that I am looking to sell in the heart of Dallas, Texas. One side has a tenant lease that expires JAN 2026, and the other has a lease that expires AUG 2025. Fantastic tenants and the home brings in solid revenue. But, we now live across the country and managing from this far just doesn't make sense for us anymore so we are ready to sell. We need to find a realtor who is able to connect us with other investors looking to take on a fully occupied property and I would like to list quietly to avoid disturbing the tenants. Any suggestions?
If the only constraint is you don't want to manage it from a distance, why not just hire a property manager? If the assets makes financial sense to keep otherwise, hiring a PM solves your problem and allows you to keep a performing asset.
Thanks for your suggestion, we have looked into that! However, we are hoping to continue our investing portfolio where we currently live and have a lot of equity tied up in this home, preventing us from moving forward. We can't HELOC due to TX regulations and cash out refinance doesn't make sense with interest rates. While the home has a solid cashflow, in order to move forward with our investing career, selling makes the most financial sense.
Post: How to find a knowledgeable agent to sell my occupied investment property
- Posts 4
- Votes 2
Hi everyone - I have a fully occupied duplex that I am looking to sell in the heart of Dallas, Texas. One side has a tenant lease that expires JAN 2026, and the other has a lease that expires AUG 2025. Fantastic tenants and the home brings in solid revenue. But, we now live across the country and managing from this far just doesn't make sense for us anymore so we are ready to sell. We need to find a realtor who is able to connect us with other investors looking to take on a fully occupied property and I would like to list quietly to avoid disturbing the tenants. Any suggestions?