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Updated about 10 years ago on . Most recent reply

HELP: Selling a rental with active tenants - trying to get them to vacate early
BP,
We are looking to sell one of our rental properties, which is currently occupied with some of the best tenants EVER, whose lease doesn't run out until the end-of-July. (FYI, this is their first year of tenancy.)
We'd LIKE to place the home on the market (vacant, which is easier for agents to show/sell) sooner than August 1st (or so), in order to take advantage of the summer "buzz".
My question for you, is how would YOU go about "breaking the ice" to them? Offer to pay an amount towards their moving costs? Give them a month free rent?
FYI - not that it factors into the above, but we are selling the rental because it is a negative cash-flowing property, and the proceeds we'll get from the sale will be used to buy positive cash-flowing properties.
Thanks (in advance)!!!
Brandon
Most Popular Reply

Well @Roman Gwin and @Account Closed , after reaching out to them (to explain our intent to sell), they WOULD like to discuss buying it from us. We'll see how it goes.