To sell with or without a tenant?

Viewing 4 posts - 1 through 4 (of 4 total)

adrienne27
Participant
@adrienne27
Join Date: 2004
Post Count: 11
February 22, 2007 - 10:45 am
HI,
Needing some advice regarding whether to sell a regional property with or without a tenant. Looking at selling it for low $100,000s and rent of $150 per week.
Would appreciate your input.
Thanks
emptypockets
Member
@emptypockets
Join Date: 2006
Post Count: 35
February 22, 2007 - 1:38 pm
Is there currently a tennant in place? If yes, keep them in there but do not renew the leaase. You can always settle based on vacant possesion.
If no, keep vacant for a couple of weeks while property is being advertised. Just make sure the RE agent includes expected rental in advertising.
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
February 23, 2007 - 12:00 am
Having a tenant on a lease can prevent people who want to live in it from buying it – limiting your buyers to investors. But if it is empty, then both investors and owners may still be interested.
Terryw
Discover Home Loans
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Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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Luke Taylor
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@world-changer
Join Date: 2005
Post Count: 415
February 23, 2007 - 12:27 am
I would probably leave it empty for a while and see how u go.
But say in the add “will sell tenanted at $150 per week,
if reqd”
“Don’t let yr character be impacted by yr surroundings, instead make yr character impact yr surroundings”
– Rachel Scott(17 yr old killed in columbine shooting 1999)http://rachelschallenge.com/
Luke Taylor | Hope Property Investing
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