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Updated about 4 years ago on . Most recent reply

Jeff Jansen's profile image
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Jeff Jansen
  • Rental Property Investor
  • from Dallas/Fort Worth Texas
  • Member since May 6, 2018
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Jeff Jansen's profile image
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Jeff Jansen
  • Rental Property Investor
  • from Dallas/Fort Worth Texas
  • Member since May 6, 2018
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Jeff Jansen
  • Rental Property Investor
  • Dallas/Fort Worth Texas
2
Votes |
20
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Buying & Selling Real Estate

Should I leave an unit vacant when selling?

Jeff Jansen
  • Rental Property Investor
  • Dallas/Fort Worth Texas
Posted

I am thinking of selling a duplex that I currently own in West Michigan and was wondering if it's a good idea to wait until April when the downstairs tenants lease is up and the move out?  Or would a buyer prefer to have the property fully rented and bringing in income right away? The upstairs tenant is good reliable long-term tenant with no plans of ever moving out. 

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Charles Kao
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  • from Grand Rapids, MI
  • Member since Mar 13, 2016
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Charles Kao
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  • from Grand Rapids, MI
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Charles Kao
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  • Grand Rapids, MI
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Charles Kao
  • Specialist
  • Grand Rapids, MI
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@Jeff Jansen

Renovate the vacant unit and sell that way. Owner occupants always pay top dollar so they can occupy.

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