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Updated almost 6 years ago on . Most recent reply

Michael Redmon's profile image
Michael Redmon's profile image
Michael Redmon
  • from Columbus, Ohio
  • Member since May 25, 2017
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Michael Redmon's profile image
Michael Redmon's profile image
Michael Redmon
  • from Columbus, Ohio
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Michael Redmon
  • Columbus, OH
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Buying & Selling Real Estate

Thinking of selling, how to price?

Michael Redmon
  • Columbus, OH
Posted

Hello,

I have a nice sfh in clarksville tn I am thinking about selling. Currently have a renter in there at $1175 a month with 11 months left on the lease. I have no doubt i could sell it, if empty, for no lower than 150k. Is there a discount for a property that has a renter in it already? Not sure how to price the house. Any suggestions?

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Jaysen Medhurst's profile image
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Jaysen Medhurst
  • Rental Property Investor
  • from Greenwich, CT
  • Member since Aug 18, 2015
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Jaysen Medhurst's profile image
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Jaysen Medhurst
  • Rental Property Investor
  • from Greenwich, CT
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Jaysen Medhurst
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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied

@Michael Redmon, no, you price it based on the market. The new owner must honor the existing lease. Be aware that a buyer may make the sale contingent on the property being delivered vacant, though. So, there might be some negotiation.

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