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Updated 18 days ago on . Most recent reply

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Dana Erdman
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How to approach unit flip with unit in questionable condition

Dana Erdman
Posted

I have a tenant moving out at the end of March and I have an uneasy feeling about the condition of the unit. I want to get this listed, but I don’t know how well any updated photos would show or how it may look to a tenant during a walkthrough.

What would you do?

I’ve scheduled a pre-move inspection for the end of the week to assess. But would you wait to list the unit until you knew for sure? Would you wait until the flip is complete and potentially lose a week or two of rent if the flip can’t be complete before an April 1 lease start? 

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Dana Erdman
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Dana Erdman
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Quote from @Paul De Luca:

@Dana Erdman

I think you mean unit turnover rather than unit "flip", right?

I would wait until after the inspection to decide if it makes sense to list the unit for rent. If it's in good condition, go ahead and list it. If it needs a bunch of repairs and won't show well in its current condition, make the repairs and then list the unit.

Correct. And thanks for the advice!

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