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Updated about 14 years ago on . Most recent reply

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Charles Mangum
  • Aguila, AZ
1
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34
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How soon can you market a rental property you are purchasing?

Charles Mangum
  • Aguila, AZ
Posted

Do you have to wait until the house you purchase closes before you can put a for rent sign in the yard? Can you market the property on Craigslist with "Available (date after closing)".

Thanks,

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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
4,382
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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
Replied

We start marketing our as soon as we sign the contract. That may not be the right way to do it, but with equitable interest I think people would be hard-pressed to say it isn't okay.

You can't sign a contract until you own it, but I see no good reason to keep from advertising it if you have equitable interest. Just disclose everything and I think you should be fine.

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