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Updated 2 days ago on . Most recent reply

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Rahni Walden
4
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2
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Looking to sell single family property in Las Vegas

Rahni Walden
Posted

I'm looking to sell my first home, which I've been renting out for the last 2 1/2 years -- I first contacted my property management company  for seller services, and they initially wanted a year exclusive selling rights. They said they'd accept a 6 month term instead, but they're not being very forthcoming about what their sales record has been (I asked for the last 12 months just to get an idea, but they ignored the question :( ) and I'm getting a not-so-great feeling about working with them....

The home is 2-stories, attached garage, 4bd 3ba, 2269 sqft and sits on a corner lot with a huge backyard (lot is approx .13 acres or 5662.8 sqft). The current tenants are month to month and not interested in buying, and the existing mortgage balance is assumable (3.65%) for qualified buyers.

I know it's a great house -- and with the assumable mortgage -- a great buy for someone looking to save with current interest rates sitting as they are. I suppose I am wondering how to find interested real estate investors in the area or look for interested agents with input into what my best move would be really get the ball rolling

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Kevin Gamboa
  • Contractor
  • Las Vegas
2
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7
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Kevin Gamboa
  • Contractor
  • Las Vegas
Replied

I work with a real estate investor who owns multiple rental properties in Las Vegas, and a while back he shared some insights that might help. He also struggled to sell a tenant-occupied property because buyers were put off by the condition—it wasn’t anything major, just typical wear and tear from long-term renters. He had a few showings with no bites, so he decided to make a few strategic changes:

1. Professional Deep Cleaning – Before listing, he had the property deep cleaned, including carpets, baseboards, and bathrooms. This is how i know him, as he uses my cleaning company’s services all the time. This instantly improved the feel of the home.

2. Minor Touch-Ups – He fixed small things like scuffed walls and outdated cabinet handles.

3. Marketing to Investors – Instead of listing traditionally, he targeted investor networks who specifically look for occupied rentals with cash flow.

After these changes, the property sold in just a few weeks to an out-of-state investor who wanted something turnkey with tenants in place. 

Since your tenants are on a month-to-month lease, you might get more investor interest if you position the sale as a cash-flowing property with flexibility. If you're looking for investor-friendly agents, I'd check BiggerPockets networking forums or local meetups—sometimes word-of-mouth works better than the MLS.

Also, if you haven’t already, giving the property a deep clean before showings can make a big difference in first impressions, especially with investor buyers who don’t want to inherit extra work.

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