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Updated almost 12 years ago,

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Kevin Rezvani
  • New York City, NY
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Seeking help in marketing off market multifamily in New York

Kevin Rezvani
  • New York City, NY
Posted

I am trying to sell a distressed multifamily in a bad area of New York and 9 of the 15 units have tenants who have not paid rent for at least 2 months. The building was very poorly managed leading to the late payments. Should I include in the initial setup that the 9 tenants are behind in payments or should I withhold the information until I have a serious buyer and than disclose the information?

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