SELLING A PROPERTY WITH A TENANT IN PLACE
If you’re thinking about selling your rental property, it may sound appealing to sell it with your tenant in place—in order to keep your full income. But there are some important factors to consider before making your final decision to do so.
The Overall Look of the Property
When selling the property with the tenant (and their belongings) in place, consider the overall look of the property in its current state and how it will “show” to potential buyers. Is the home in a marketable condition? Do personal items/furniture help showcase the interior? Is everything clean? And are the residents cooperating with maintenance inspections?