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Updated 10 months ago on . Most recent reply

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Looking to sell rental properties with existing lease in place

Posted

Hi all,

My husband and I own a rental property south of Denver with current tenants who have been there for 18+ months. We just executed a lease for another 6 months, but I am ready, and have been for some time, to sell and capture the equity locked up in this property.

Do any investors have advice, or alternative strategies to consider for this situation? Can the property be sold to another investor with tenants in place? My preference would be to allow the tenants to finish the current lease as they are currently building their own house and have been great, low maintenance tenants thus far. It just seems as though their timeline does not align with your timeline and personal circumstances. 

Open to any and all options and appreciate the advice/input from qualified, experienced, investors and professionals.

Thanks in advance!


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Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
776
Votes |
1,409
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Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
Replied

Yes you can sell to investors with tenant in place. Would an owner occupant find this property desirable? They would pay you more for the property if delivered vacant

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