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Updated almost 2 years ago on . Most recent reply

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2
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1
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Selling a High Cash Flowing Triplex?

Posted

Hey Everyone!

So I have a Triplex that I own 12 hours away from where I live in my hometown. It's been great! The tenants are great, it's in a great location and it cash flows $4487 a month. 

However, it's the only long distance property that I own and I want to focus on properties and STRs where I'm at now. 

It's about an hour outside of Philadelphia in Chester County, PA. Between Kennett Square and West Chester. 

I would like to sell it off market, so that I don't have a ton of tire kickers going through the property and bothering the tenants. What's your advice on finding off market buyers? 

Most Popular Reply

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98
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80
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Garrett Christensen
  • Real Estate Agent
  • Orem, UT
80
Votes |
98
Posts
Garrett Christensen
  • Real Estate Agent
  • Orem, UT
Replied

I would suggest still using an agent, they will put it on the MLS where the most severe buyers search. You can also ask them to screen all potential buyers to ensure they are serious and already preapproved in Utah, where I am. Many FSBO listings are posted on local classified websites and from what I've seen they can about 1/10 of the views that the MLS gets.

To answer your question directly, you could post it on local investor Facebook pages, here on BP, and your local classifieds, and then just do the screening yourself.

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