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Updated over 5 years ago on . Most recent reply

User Stats

5
Posts
1
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Usman U.
  • Colorado Springs, CO
1
Votes |
5
Posts

Looking for Advice on Selling Rental Property

Usman U.
  • Colorado Springs, CO
Posted

I'm looking for advice on possible cashing out and selling my investment condo rental located in Crystal City, VA (near HQ2).

Bought for 315k, probably valued around 385k now. Includes 1 parking space, grocery store underneath building (great perk) and storage space. 

1800/month rent and tenant is good till 2021 lease. Never had a problem renting / finding tenants.

325/month condo fee.

Was thinking of selling by owner to save on agent fees etc. I wanted to take the cash out and roll it into a bigger investment property, and prefer to sell out vs. getting a new loan etc.

I'm looking for advice on how to sell by owner and market it to another investor etc. and any general advice on selling a property with a tenant in it.

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