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Updated almost 13 years ago,
Renter wants to Buy Rental House
How do I play this correctly to maximize price? The house was not on the market; however my property manager informed me that my renters (pre-aproved, good credit, etc) are interested in buying it. I said I would consider any offers. Neighborhood is in upper-end, high demand area in New Orleans.
I was not considering selling before I heard this. However, I was looking for funding to acquire some more houses, and could probably leverage the sale into two properties. Can I push for their offer without sounding desperate? Their lease ends in July.
I am new to this, so feel free to include any advice - no matter how obvious it might seem.