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Updated about 14 years ago on . Most recent reply

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151
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Brandon Kamm
  • Commercial Real Estate Broker
  • Memphis, TN
82
Votes |
151
Posts

Tenant living in rental for sale

Brandon Kamm
  • Commercial Real Estate Broker
  • Memphis, TN
Posted

One of the biggest problems I am having lately is showing a duplex or quad only to find it filthy. Nothing you could hold them liable while living there such as damage, or anything broken, but rather clothes everywhere, trash on floor, unit being filthy. This is no one specific but a generalization. When showing the units and walking in it is a huge turnoff to a buyer. Great payment history, don't bother anyone, but live in a pig pen. How do some of you handle this.

Most Popular Reply

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5,691
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3,437
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Chris Martin
  • Investor
  • Willow Spring, NC
3,437
Votes |
5,691
Posts
Chris Martin
  • Investor
  • Willow Spring, NC
Replied

It sounds like you are dealing with buyers that don't own investment property! As a buyer, I expect places to be a mess, but during inspections I am most focused on things that really matter. What is End of Life? Appliance, water tank, HVAC ages... what will my reserve account funding require? As a broker, educate your buyer on the important pieces and don't focus on the irrelevant. Great payment history? Maybe have the seller put it in a QuickBooks report for you to use as a handout.

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