Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 11 days ago, 11/30/2024

User Stats

1
Posts
0
Votes
Natalie Jarusewski
  • Rental Property Investor
  • Maine
0
Votes |
1
Posts

When purchasing a multi-unit, what are deal breakers?

Natalie Jarusewski
  • Rental Property Investor
  • Maine
Posted

I own a duplex and am selling it. It's in a unique situation where both units are vacant. Is this a good time to sell? Or do other investors see this as a red flag and would prefer to have current leases?

Should I sign leases? What type of leases are most desirable?

A little more about the situation: I bought a duplex last year as a first investment property / primary residence. I planned on living in one unit and renting the other, this worked great. I also invested in improvements: new roof, water heaters, other major appliances, and a kitchen renovation.

Now, my situation has completely shifted. I need to move across the country and it isn't feasible to manage the property. I also need to liquidate in order to afford to purchase a new primary.

Loading replies...