Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 Landlording & Rental Properties
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 almost 6 years ago on . Most recent reply

User Stats

34
Posts
4
Votes
Xin Z.
  • Plano, TX
4
Votes |
34
Posts

Tenant wants to buy my house

Xin Z.
  • Plano, TX
Posted

My tenant wants to buy my house but comes up with an offer lower than market.  She said if the inspection finds everything is right about the house then she can consider a higher offer.  Should I allow her to hire an inspection on the house?  

I don't have any plans to sell the house myself but the tenant is very interested in buying it.  Your comments and advice is greatly appreciated!

Most Popular Reply

User Stats

218
Posts
96
Votes
Michael Hicks
  • Real Estate Investor
  • Rossville, GA
96
Votes |
218
Posts
Michael Hicks
  • Real Estate Investor
  • Rossville, GA
Replied

@Xin Z.   You need to set the price you want and then adjust to her home inspection if that is what you want to do.  I would never agree to a low ball offer with a chance of raising the price.  I've never had a home inspector come back and say everything is great.  The client is essentially paying a home inspector to find problems.  So more than likely she will want to offer even less.  If I received a low ball offer I would just respond that it's not for sale.  All of this is assuming you didn't pay too much when you purchased.  Hard to say without any numbers.  As long as you're cash flowing, stick to your plan.  Just my 2 cents.

Loading replies...